This job listing has expired and the position may no longer be open for hire.

Director of Non Agency Securitization at NewRez LLC

Posted in General Business 30+ days ago.

Type: Full-Time
Location: Fort Washington, Pennsylvania





Job Description:

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function
The Director of Non Agency Securitization will oversee all aspects of deal structuring and transaction management for all Non-Agency sales or securitizations. The role will be responsible for: identifying and developing opportunities to maximize execution outside of the traditional agency model, modeling market execution and developing a pricing strategy to support the securitization pipeline, and following transactions through diligence to settlement.

Responsibilities


  • Track current deal issuance trends to identify opportunities in Non-Agency space

  • Develop a model to independently evaluate Non-Agency valuation - considering rating agency loss coverage, market spreads, deal expenses and IO valuation

  • Work with pricing teams and origination channels to develop pricing strategies that target desired collateral

  • Work cross functionally with third party diligence, and post closing to ensure diligence is completed promptly

  • Communicate and work directly with treasury to ensure proper financing

  • Establish PnL attribution for all execution activities.

  • Act as single point of contact for all external parties including banks/underwriters, rating agencies, third party diligence firms, and all internal stakeholders

  • Serve as subject matter expert for leadership on all matters related to Non-Agency whole loan sales or securitizations.

Qualifications


  • B.S./B.A. degree in Businessor equivalent.

  • 5-10 years mortgage experience with at least 5+ years of experience in non agency structuring/trading and transaction management.

  • Must be competent in Microsoft Office applications, SQL knowledge a plus.

  • Strong Analytical, quantitative, relationship development, and communication skills.

#LI-CF1

Company Perks :
• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 8 Paid Holidays
• Casual Workplace
• Employee Engagement Activities

Company Benefits :
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX - Vision - Life, Disability Insurance - 401(k) Plan with company match! - Employee Assistance Plan
• Pet Insurance!

Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

CA Privacy Policy

CA Notice at Collection





More jobs in Fort Washington, Pennsylvania


Beacon Hill Staffing Group, LLC

Johnson & Johnson Consumer Inc.

FedEx
More jobs in General Business


Edward D. Jones

COMMUNITY TRUST BANK INC

The Chimes, Inc.