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$95k–$110k/yr
Full-time
bachelor degree
Discretionary Corporate Bonus Program, Multiple Health Plans, Short Term Disability, Long Term Disability, Company-sponsored Life Insurance, Fitness Reimbursement
Posted 20d ago
~40 hrs/week
Responsibilities
The analyst administers and monitors mortgage loan pools, focusing on identifying early payment defaults and evaluating repurchase requests. They coordinate operational processes between capital markets, external servicers, and custodians to ensure reporting integrity.
Requirements
Requires a bachelor's degree in finance or business and at least 2 years of experience in mortgage servicing or oversight. Candidates must possess strong analytical skills and a deep understanding of boarding, collections, and loss mitigation processes.
Full job description
Position Summary
The Asset Management Analyst is responsible for administering, analyzing, and monitoring mortgage loan pools across Aspire’s whole loan and securitization activities. This position supports the identification and resolution of Early Payment Defaults, evaluates repurchase requests from buyers and sellers, tracks collateral performance, and coordinates operational processes such as servicing transfers and collateral document management. The ideal candidate has strong analytical and communication skills, a solid understanding of mortgage servicing processes, and the ability to work collaboratively across Capital Markets, Aspire Management, external servicers, custodians, and loan counterparties. This role is essential in supporting Redwood’s disciplined asset management framework and ensuring the accuracy and integrity of loan-level performance reporting.
Responsibilities & Duties
Loan Pool Administration / Asset Management
Aspire Pool
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
Securitization Pools
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
Required Experience & Education
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
Compensation & Benefits
A reasonable estimate of the total compensation range for this role is $95,000.00 110,000.00. The actual salary offer will depend on job-related factors including education, geographic location, training, licensure and certification, and experience. CoreVest also offers a competitive benefits package including 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, and 401(k) matching.
Equal Opportunity Statement
At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued and everyone has the opportunity to thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on making credit sensitive investments in residential loans and other mortgage-related assets, with the goal of delivering a stable and growing stream of attractive earnings and dividends for our shareholders. We also earn income through our residential mortgage banking activities. Redwood Trust, Inc. was established in 1994, is internally managed, and structured as a real estate investment trust (“REIT”) for tax purposes.
Our employees are a team of disciplined, dedicated and talented professionals who do what it takes to make the Company a leader in innovation and reputation. We value everyone's contribution, actively soliciting feedback at all levels within the organization. Work gets done in a non-hierarchical, hard-working and fun environment.
Offices: One Belvedere Place, Mill Valley, California 94941, US · 8310 S Valley Hwy, Englewood, Colorado 80112, US · 225 W Washington St, Chicago, Illinois, US
FinanceBankingConsultingFinancial ServicesReal EstateVenture Capital
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