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Russell Tobin · 6 days ago

Due Diligence, Securitizations, AVP/VP (Hybrid)

Dallas, TX

Full-time

Hybrid

Senior Level, Lead/Staff

$160K/yr - $180K/yr

8+ years exp

Russell Tobin is seeking a Due Diligence Senior Consultant within Securitizations to manage and support residential mortgage transactions. The role involves coordinating due diligence processes and managing relationships with internal and external stakeholders in the mortgage industry.

ConsultingHuman ResourcesLegalStaffing Agency

Hiring Manager

Ethan VanderBrink

Responsibilities

Due Diligence – Reviewing/analyzing the diligence reports to ensure that the loans meet the Rating Agencies requirements and gradings related to securitized transactions

Compliance – Knowledge as to TRID/ATR/RESPA/TILA/QM regulations and what is needed to clear or cure any issues as well as High Priced Mortgage Loans (HPML) both State and Federal

Valuations – Securitization requirements and the waterfall regarding values needed

Credit – Knowledge of guidelines, industry standards, Rating Agency requirements/gradings and review of diligence reports and data tapes

Manage the overall due diligence process on purchase and sale transactions (credit and compliance underwriting, data integrity, valuation) and summarize results with appropriate stakeholders

Understanding of Prime and Non-QM loans with complex sources of income, multiple layers of assets, high level of credit utilization

Familiar with fraud detection techniques and resolution

Excellent understanding underwriting guidesTrack and resolve collateral exceptions with third party custodians

Qualification

Mortgage industry experienceDue diligence managementSecuritized transactionsAdvanced Excel skillsCompliance lawsCommunication skillsAttention to detail