Hybrid Counterparty Risk Analyst bei Redwood Trust

Position Summary

The primary function of the Counterparty Risk Analyst is to assist in the assessment and qualification of potential new loan originators for the participation in Redwood Trust’s Aspire lending program. In addition to obtaining and reviewing the necessary documentation to approve new originators, the position is also responsible for the ongoing monitoring and assessment of existing loan originators. This role prefers direct correspondent lending experience in evaluating originators and their ability to produce and underwrite high quality mortgage loans. The ideal candidate must also have experience in development and maintaining qualification metrics. This position has a high level of interaction with sales and capital markets departments and plays an important part in Redwood’s effort in growing the conduit program. 

Responsibilities & Duties

• Assemble and review necessary documents to qualify potential new originators in accordance with Redwood’s internal policies
• Manage and maintain annual originator reviews and assessments for recertification
• Prepare and present potential and existing originator approval and recertification review results and recommendations
• Responsible for ongoing monitoring of originator overall performance including loan quality as well as any changes in the financial condition, licensing and management
• Work with sales, capital markets and compliance in developing, revising and maintaining correspondent counterparty qualification standards
• Coordinate the scheduling of Counter Party Risk Committee meetings and prepare meeting agenda, relevant reports, analysis for the review and approval of new clients, client recertification and ongoing counter party monitoring results and action items

Required Experience & Education

• Bachelor’s degree in finance or business 
• Two years of mortgage industry experience or more 
• Knowledge of the correspondent, retail and wholesale mortgage lending business channels
• One year of correspondent counterparty approval experience preferred
• Strong understanding of financial statements and analysis including key financial metrics and ratios
• Ability to listen effectively and communicate ideas concisely
• Ability to interact with diverse functions within the company and ability to negotiate in the best interest of the stakeholders and the company overall
• Ability to plan, track and coordinate the gathering, review and summation of defined program documents
• Technologically savvy, with the ability to work in varied systems
• High attention to detail and effective problem-solving skills
• Excellent client service skill and excellent oral and written communication skills
• Analytical thinking ability, diplomacy and professionalism
• Proven success with project management

A reasonable estimate of the total compensation range for this role is $69,000-$86,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.

 

 At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.