CoreVest Finance · 20 hours ago
Asset Management Analyst
Redwood Trust, Inc. is a company focused on asset management, and they are seeking an Asset Management Analyst. The role involves administering and monitoring mortgage loan pools, resolving Early Payment Defaults, and ensuring the accuracy of loan-level performance reporting.
Financial ServicesMortgage
Responsibilities
Evaluate reports for potential Early Payment Defaults
Seek cure or corrective actions (as applicable)
Present Repurchase Requests to Sellers (as applicable)
Coordinate receipt of repurchase proceeds, servicing transfer from incumbent servicer and release of collateral documents from Custodian
Evaluate Whole Loan Buyer’s Repurchase Requests
Seek cure or corrective actions as applicable
Present Repurchase Requests with recommendation to Management (as applicable)
Coordinate payment of repurchase proceeds, servicing transfers to incumbent servicer and return of collateral documents to Custodian (as applicable)
Present Repurchase Requests with supporting documentation to Seller (as applicable)
Coordinate receipt of repurchase proceeds, servicing transfer from incumbent servicer and release of collateral documents from Custodian
Track all repurchase activity centrally and provide regular reporting to management
Review Monthly Servicer Reports for potential Early Payment Defaults or other breaches
Seek cure or corrective actions (as applicable)
Track collateral performance including delinquencies, defaults, roll rates
Prepare preliminary Executive Summary for Capital Markets Desk
Address Capital Markets Desk questions and requests
Prepare final Executive Summary for Capital Markets Desk
Address Capital Partners questions and requests
Qualification
Required
Bachelor's degree in finance or business
Knowledge of the correspondent, retail, and wholesale mortgage lending business channels
2+ years of servicing or servicing oversight experience
Strong understanding of servicing processes including boarding, collections, loss mitigation, and reporting
Strong data analytical skills; technologically savvy with the ability to work in varied systems
Ability to communicate complex situations in a clear, concise manner
Ability to plan, track, and coordinate the gathering, review, and summarization of loan documents and servicing reports
High attention to detail and effective problem-solving skills
Analytical thinking ability, diplomacy, and professionalism
Proven success with project management
Benefits
Discretionary corporate bonus program
Multiple health plans
STD and LTD options
Company-sponsored life insurance
Fitness reimbursement
Paid parental leave
Volunteer time
Paid Time Off
ESPP
401(k) matching
Company
CoreVest Finance
CoreVest is a private lender that specializes in loans to residential real estate investors.