Credit Analyst - Mortgage Sector Specialist

Responsibilities

• Lead end-to-end credit underwriting for agency-mortgage originators, servicers and specialty-finance firms and identify potential risks
• Reduce the existing onboarding backlog and establish a repeatable, high quality workflow for new mortgage-sector clients
• Serve as technical subject-matter expert on agency residential and commercial MBS, TBA, CMO and DUS products for the Institutional Credit Analyst Team, Sales and Trading teams
• Produce concise white-papers, risk-intel briefs and onboarding guides that become permanent knowledge assets for the wider Risk and ICAT organization
• Develop and maintain a comprehensive understanding of the mortgage sector, including market trends, regulatory developments, and industry best practices
• Prepare high-quality credit proposals, including recommendations on credit ratings, limits, and risk strategies, to support credit decisions
• Collaborate with internal stakeholders, including coverage bankers, business lines, and risk teams, to provide credit expertise and support
• Stay up-to-date with industry developments, regulatory changes, and market trends, and apply this knowledge to credit analysis and decision-making
• Participate in credit committees, due diligence meetings, and other forums to provide credit expertise and support

Requirements

• Minimum 6 years of experience in credit analysis, with a focus on the mortgage sector, including mortgage originators, servicers, and specialty finance companies
• In-depth knowledge of the mortgage industry, including market trends, regulatory developments, and industry best practices
• Strong analytical and problem-solving skills, with the ability to analyze complex financial data and identify potential risks
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal stakeholders and communicate credit recommendations to senior management
• Strong understanding of credit risk management principles and practices, including credit rating models, risk assessment methodologies, and credit portfolio management techniques

Skills

• Experience with Agency Mortgage-Backed Securities (MBS) and Commercial Mortgage-Backed Securities (CMBS) markets
• Knowledge of mortgage-related products, such as Delegated Underwriting and Servicing (DUS) bonds
• Familiarity with regulatory requirements and industry standards, such as those related to credit risk management and mortgage lending