Whole Loan Operations Associate, Mortgage Operations, Analyst/Associate

External Brand; Town of Texas (WI); Hybrid; USD 70,000 - 100,000; Full time

Job summary

Annaly Capital Management, Inc. through its subsidiary Onslow Bay Financial is seeking a Whole Loan Operations Associate to coordinate mortgage loan lifecycle tasks across lock desk, collateral, credit and settlements.

The role focuses on improving processes and delivering a smooth seller experience. The ideal candidate has 5+ years of residential mortgage loan experience and knowledge of collateral, underwriting guidelines and loan-management 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

Job description

Whole Loan Operations Associate, Mortgage Operations, Analyst/Associate

Job Category: Operations

• Full-Time
• Hybrid

Locations

Showing 1 location

Annaly Dallas Office
Irving, TX 75039, USA

Description

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.

• 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.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.