The 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 and Servicing Oversight).

Responsibilities & Duties

• Responsible for the collateral review process on purchased/sold loans
• Assist in the clearing or curing of collateral issues on purchased/sold loans
• Assist in managing the relationship with custodian
• Manage the custody of collateral files at the custodian
• Manage the release of collateral files
• Manage the delivery of collateral documents to investors, purchasers, or sellers
• Manage Assignment process and tracking
• Identify collateral issues and escalate to Manager on a timely basis
• Perform daily/monthly reconciliation of documents 
• Manage any reports received from internal and external parties 
• Develop and maintain policy and procedures
• Create and distribute various ad hoc reports, as needed 
• Perform MERS portfolio reconciliation and remediation, as needed 

Required Education, Experience, & Skills

• High school diploma or equivalent
• 1-3 years’ experience in the mortgage industry
• Knowledge of mortgage loan documents
• Strong organizing and time management skills
• Must be able to adapt well to a fast paced and constantly changing business environment
• Strong interpersonal and communication skills, both written and oral
• PC proficient
• Ability to work in varied systems
• Proficiency with Excel/Word/Access
• Experience with loan document management, or other mortgage-related processing systems
• Must be able to handle multiple tasks and manage workload independently

A reasonable estimate of the base compensation range for this role is $50 - 65K annually. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. Our company 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.

Redwood Trust, Inc. (NYSE: RWT), together with its subsidiaries, is a specialty finance company focused on investing in mortgage related assets, and engaging in residential and commercial mortgage banking activities. Our employees are a team of disciplined, dedicated and talented professionals who do what it takes to make the Company a leader in innovation and reputation. We value everyone's contribution, actively soliciting feedback at all levels within the organization. Work gets done in a non-hierarchical, hard-working and fun environment. For more information about our Company, please look up the Redwood Review, published quarterly, available on our website, www.redwoodtrust.com.