Onslow Bay Credit Analyst (Associate)

Annaly Careers • Irving, TX

5d • Onsite

About The Position

Annaly is seeking an Onslow Bay Credit Analyst (Associate) who will be tasked with reviewing diligence reports from various TPRs as well as managing a pipeline of loans by partnering with our correspondent originators and other staff members. The ideal candidate would have 5+ years of relevant diligence experience in the residential mortgage whole loan market, preferably with experience and the ability to manage a pipeline, review diligence reporting to ascertain risk and help assist the Onslow Bay scenario desk all while closely interacting with our correspondent partners, senior staff and our custodian, when necessary.

Requirements

• 5+ years of experience in whole loan transaction management with heavy involvement in reviewing of securitization diligence reports.
• Specific loan-level and process-level knowledge around the acquisition of mortgage loans.
• Bachelor’s Degree required
• Must be willing to work in Dallas, TX on-site four days a week.
• Must be willing to submit to a background investigation
• Must have unrestricted work authorization to work in the United States
• Must be willing to work additional hours as needed to complete deadline driven projects

Nice To Haves

• Non-Agency lending experience preferred (Non-QM, DSCR, Cross Collateralized, etc.)
• Ability to manage multiple projects at a time and prioritize accordingly
• Ability to effectively communicate, both written and verbally, with Senior Management regarding the progress and results of projects and initiatives
• Ability to work effectively under time constraints

Responsibilities

• Main point of contact in conjunction with sales coverage and senior management for specific Reliance Letter originators.
• Review post close diligence reports in a timely manner ensuring all Onslow Bay criteria are met.
• A thorough understanding of securitization reporting is a requirement.
• Review credit exception requests/scenarios with the ability to determine to accept or deny a request as well as placing conditions if applicable.
• Ability to effectively communicate Onslow Bay’s position relating to loan conditions and pipeline statuses.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level