Ocwen Financial
Analyst, Agency and Non-Agency Loan Delivery
Ocwen Financial, West Palm Beach, Florida, United States, 33412
POSITION TITLE: Agency and Non-Agency Loan Delivery Analyst
Position Summary:
The Agency and Non-Agency Loan Delivery Analyst is responsible for ensuring the loan level data quality is in accordance with selling guidelines and ULDD delivery requirements, as well as investigating and resolving data eligibility issues and ensuring the consistency, accuracy and overall quality of loan data throughout the loan delivery and settlement process. The role also entails managing the agency and non-agency whole loan sales and acquisitions with private investors including the processing of all due diligence findings, addressing investor requests with appropriate business units and managing transaction execution.
Job Functions and Responsibilities:
Provide analytical and technical execution for MBS and Cash pools delivery.
Perform loan quality/eligibility checks prior to delivery to ensure highest product quality from a loan delivery perspective.
Validate data accuracy on FNMA, FHLMC, and GNMA pools, including loan level eligibility and final data validation reviews to ensure compliance with product and GSE requirements.
Manage the clearing of all loan level data exceptions with lending channels, IT or other stakeholders as needed.
Review, assess and distribute due diligence findings to the appropriate business unit for remediation.
Manage transaction execution including the preparation of data exports and loan and funding schedules required for loan sale, acquisition and settlement.
Coordinate with business units such as treasury, correspondent and retail lending, accounting and servicing to efficiently execute sales and acquisitions for the respective counterparty.
Qualifications:
Bachelor’s degree preferred or five to seven years related Capital Markets experience.
Strong knowledge of GNMA and GSE guidelines and procedures.
Significant experience managing whole loan sales and acquisitions.
Ability to partner with various internal departments to ensure effective implementation of time-sensitive initiatives and identify deficiencies and room for improvement.
Working knowledge of the current mortgage banking practices, particularly and in-depth understanding of custodial, warehouse and settlement processes and policies.
Excellent written and oral communication skills. Excellent interpersonal skills.
Strong multi-tasking skills with the ability to manage strict deadlines.
Proficiency in Microsoft Excel, Word, and Outlook.
Strong analytical and problem-solving skills.
Ability to work collaboratively with management, clients, peers, and outside business partners including due diligence firms, counsel and broker dealers.
Self-starter that has the ability to lead while working under pressure in order to meet deadlines in a constantly changing environment.
Training / Licensing Requirements:
Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.
The salary range for this position is expected to be $60,000– $78,000 per year, depending on geographic location, experience, and other qualifications of the successful candidate.
(US Salary Range)
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Job Functions and Responsibilities:
Provide analytical and technical execution for MBS and Cash pools delivery.
Perform loan quality/eligibility checks prior to delivery to ensure highest product quality from a loan delivery perspective.
Validate data accuracy on FNMA, FHLMC, and GNMA pools, including loan level eligibility and final data validation reviews to ensure compliance with product and GSE requirements.
Manage the clearing of all loan level data exceptions with lending channels, IT or other stakeholders as needed.
Review, assess and distribute due diligence findings to the appropriate business unit for remediation.
Manage transaction execution including the preparation of data exports and loan and funding schedules required for loan sale, acquisition and settlement.
Coordinate with business units such as treasury, correspondent and retail lending, accounting and servicing to efficiently execute sales and acquisitions for the respective counterparty.
Qualifications:
Bachelor’s degree preferred or five to seven years related Capital Markets experience.
Strong knowledge of GNMA and GSE guidelines and procedures.
Significant experience managing whole loan sales and acquisitions.
Ability to partner with various internal departments to ensure effective implementation of time-sensitive initiatives and identify deficiencies and room for improvement.
Working knowledge of the current mortgage banking practices, particularly and in-depth understanding of custodial, warehouse and settlement processes and policies.
Excellent written and oral communication skills. Excellent interpersonal skills.
Strong multi-tasking skills with the ability to manage strict deadlines.
Proficiency in Microsoft Excel, Word, and Outlook.
Strong analytical and problem-solving skills.
Ability to work collaboratively with management, clients, peers, and outside business partners including due diligence firms, counsel and broker dealers.
Self-starter that has the ability to lead while working under pressure in order to meet deadlines in a constantly changing environment.
Training / Licensing Requirements:
Must pass the Company’s Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.
The salary range for this position is expected to be $60,000– $78,000 per year, depending on geographic location, experience, and other qualifications of the successful candidate.
(US Salary Range)
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