Collateral Analyst

Position SummaryThe Collateral Analyst plays a critical role in risk mitigation within the Post Purchase Operations department by performing due diligence to verify the accuracy and completeness of mortgage loan documents received. The analyst works closely with management to ensure quality and timely resolution of collateral exceptions and other responsibilities as assigned. This role has a certain level of interaction with internal and external parties (Transaction Management, Sellers, and Conversions). Responsibilities & DutiesResponsible for the collateral review process on purchased/sold loansAssist in clearing or curing collateral issues on purchased/sold loansAssist in managing the relationship with custodiansManage the custody of collateral files at the custodianManage the release of collateral filesManage the delivery of collateral documents to investors, purchasers, or sellersIdentify collateral issues and escalate to Manager on a timely basisPerform daily/monthly reconciliation of documentsManage any reports received from internal and external partiesDevelop and maintain policy and proceduresCreate and distribute various ad hoc reports, as neededPerform MERS portfolio reconciliation and remediation, as needed Required Experience & Education1-3+ years in mortgage industry or a combination of relevant work experience and college educationKnowledge of mortgage loan documentsStrong organizing and time management skillsMust be able to adapt well to a fast paced and constantly changing business environmentStrong interpersonal and communication skills, both written and oralPC proficiencyProficiency with Excel/WordExperience with loan document management, or other mortgage-related processing systemsMust be able to handle multiple tasks and manage workload independently A reasonable estimate of the base compensation range for this role is $55,000-$70,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. Redwood also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching. At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.