Whole Loan Operations Associate, Mortgage Operations, Analyst/Associate

Reit Tv; Irving (TX); On-site; USD 85,000 - 125,000; Full time

Job summary

Annaly Capital Management, Inc. is seeking a Whole Loan Operations Associate to coordinate loan lifecycle activities across lock desk, collateral, credit and settlements.

The ideal candidate will drive process improvements and support a large seller network. You should have 5+ years of experience in residential mortgage loans, knowledge of origination, servicing, credit and collateral, and be comfortable using LOS and diligence systems.

Qualifications

• 5+ years of experience in residential mortgage loans.
• Knowledgeable in loan origination, loan servicing, credit and collateral
• Bachelor’s Degree preferred

Responsibilities

• Coordinate between all different internal and external stakeholders within numerous stages of loan acquisition
• Review custodial exception reports and identify any material and/or fatal exceptions
• Review post close diligence reports in a timely manner ensuring all Onslow Bay criteria are met
• Ability to effectively communicate Onslow Bay’s position relating to loan conditions and pipeline statuses
• Handle seller requests and escalations in a timely manner
• Work comfortably within multiple vendor platforms (i.e. LOS, Rate Lock Portals, Diligence) as well as internal/proprietary loan management systems

Skills

loan origination

loan servicing

credit

los

process improvements

communication

project management

exception reporting

Education

Bachelor’s Degree preferred

Tools

LOS

Rate Lock Portals

Diligence Systems

Job description

Whole Loan Operations Associate, Mortgage Operations, Analyst/Associate

Annaly Capital Management

Irving, TX 1 week ago

Skills

loan origination

loan servicing

credit

los

process improvements

communication

project management

exception reporting

About This Role

About Us Annaly Capital Management, Inc. (“Annaly” or, together with its wholly-owned subsidiaries, the “Company”), is a publicly traded real estate investment trust (REIT) with investment strategies across mortgage finance. Its common stock is listed on the New York Stock Exchange under the symbol “NLY”. Annaly’s wholly-owned subsidiaries include several regulated and licensed entities, including Annaly Credit Opportunities Management LLC, an SEC registered investment adviser (“ACOM”), Arcola Securities, Inc., a FINRA member broker-dealer (“Arcola”) and, Onslow Bay Financial LLC, a mortgage aggregator and master servicer (“Onslow Bay”). The Company is headquartered in New York, NY with an additional office in the Dallas-Fort-Worth Metropolitan Area. About This Role Annaly, through our wholly owned subsidiary, Onslow Bay Financial, is seeking a Whole Loan Operations Associate who will be responsible for coordinating numerous operational responsibilities across the lifecycle of the loan. The Whole Loan Operations Associate will touch loans across numerous departments ranging from lock desk, collateral, credit and settlements. Additionally, the candidate will be responsible for finding and instituting process improvements, while creating an improved experience for our vast seller network. The ideal candidate would have 5+ years of experience in the residential mortgage whole loan space. Candidates should have prior knowledge of residential whole loan collateral, mortgage documents, underwriting guidelines, pricing and eligibility matrices as well as an understanding of systems used to originate, diligence, settle, service, securitize and asset manage residential mortgage loans. Essential Responsibilities

• Coordinate between all different internal and external stakeholders within numerous stages of loan acquisition
• Review custodial exception reports and identify any material and/or fatal exceptions
• Review post close diligence reports in a timely manner ensuring all Onslow Bay criteria are met
• Ability to effectively communicate Onslow Bay’s position relating to loan conditions and pipeline statuses
• Handle seller requests and escalations in a timely manner
• Work comfortably within multiple vendor platforms (i.e. LOS, Rate Lock Portals, Diligence) as well as internal/proprietary loan management systems

Qualifications/Requirements

Basic Qualifications

• 5+ years of experience in residential mortgage loans.
• Knowledgeable in loan origination, loan servicing, credit and collateral
• Bachelor’s Degree preferred

Desired Characteristics

• Ability to manage multiple projects at a time and prioritize accordingly
• Ability to effectively communicate, both written and verbally, with Senior Management regarding the progress and results of projects and initiatives
• Thorough understanding of mortgage data and ability to identify material defects and troubleshoot accordingly
• Ability to work effectively under time constraints and in a fast-paced environment

Eligibility Requirements

• Must be willing to submit to a background investigation
• Must have unrestricted work authorization to work in the United States
• Must be willing to work additional hours as needed to complete deadline driven projects
• Must be willing to work in Dallas, TX on-site three (3) days a week

Annaly is committed to equal employment opportunity and providing reasonable accommodations to qualified candidates and employees pursuant to applicable law. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you require reasonable accommodation as part of the application process, please contact our Human Resources department.

To learn more about Annaly Capital Management, Inc. please visit [https://www.annaly.com] (https://www.annaly.com) | LinkedIn: [www.linkedin.com/company/annaly-capital-management] (http://www.linkedin.com/company/annaly-capital-management) To learn more about and Onslow Bay Financial, Inc., please visit [https://www.onslowbayfinancial.com] (https://www.onslowbayfinancial.com) | LinkedIn: www.linkedin.com/company/onslow-bay-financial