Mortgage Repurchase Analyst

Russell Tobin; Dallas (TX); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Healthcare coverage (medical, dental,

Vision plans

Job summary

Russell Tobin is seeking a Repurchase Analyst to manage the repurchase and claim activity for residential mortgage purchases and sales, identify findings, draft letters and file claims as breaches of the Purchase Agreement. The role requires experience in bulk and flow mortgage transactions and strong relationship management.

Qualifications include 2-5 years in the mortgage industry, advanced Excel skills, and a Bachelor's Degree, with excellent communication.

Qualifications

• 2-5 years of mortgage industry experience in due diligence, underwriting or mortgage originations.
• Advanced Excel skills and ability to work in varied systems.
• Excellent oral and written communication skills with attention to detail.

Responsibilities

• Manage the repurchase and claim process for residential mortgage purchases and securitisation.
• Coordinate internal and external requirements with Sellers and Purchasers.
• Oversee pipeline of claims and quality control findings; respond to securitisation inquiries.
• Apply fraud detection techniques and work to resolution of issues.
• Understand underwriting guides, overlays, and waivers; collaborate with QC, Due Diligence, Collateral, Contract Finance and Trading Desk.

Skills

Mortgage industry experience

Advanced Excel

Oral and written communication

Education

Bachelor's Degree

Job description

Job Title: Repurchase Analyst Residential Loans

Salary Range: $ 90000- $ 100000/Year

Duration: Full-Time Perm Role

Position Summary:

The Repurchase Analyst will be responsible for the management and support of the company's repurchase and claim activity for residential mortgage purchase and sale transactions. This position will be responsible for identifying findings, reviewing materials, drafting letters, and filing claims due to breaches against the Purchase Agreement. The Analyst will also review underwriting findings and work to resolve them by working with outside clients and/or vendors. The ability to successfully manage internal and external relationships is critical to this role. The position requires experience in the mortgage industry, specifically in bulk whole loan purchase/sale transactions, flow whole loan purchases and security transactions.

Primary Responsibilities:

• Manage the overall repurchase and claim process, displaying knowledge of credit and compliance underwriting, and summarise results with appropriate stakeholders
• Coordinate internal and external requirements with Sellers and Purchasers
• Day-to-day management of a pipeline of claims and quality control findings as well as securitisation inquiries
• Familiar with fraud detection techniques and resolution
• Understanding of underwriting guides, overlays, and waivers
• Collaborate with QC, Due Diligence, Collateral, Contract Finance and the Trading Desk

Qualifications

• 2-5 years of mortgage industry experience specifically in due diligence, underwriting or mortgage originations
• Knowledge/familiarity with current mortgage and compliance laws and regulations
• Advanced Excel skills and ability to work in varied systems
• Bachelor's Degree
• Excellent oral and written communication skills along with attention to details

Benefits Disclosure:

Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.

Russell Tobin is an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.

Russell Tobin is a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.

Accommodations:

We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.

Only applicable for San Francisco Candidates:

Under the San Francisco Location in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.