What are the responsibilities and job description for the Asset Management Analyst position at Redwood Trust Inc?
Position Summary
The Asset Management Analyst is responsible for administering, analyzing, and monitoring mortgage loan pools across Aspire’s whole loan and securitization activities. This position supports the identification and resolution of Early Payment Defaults, evaluates repurchase requests from buyers and sellers, tracks collateral performance, and coordinates operational processes such as servicing transfers and collateral document management.
The ideal candidate has strong analytical and communication skills, a solid understanding of mortgage servicing processes, and the ability to work collaboratively across Capital Markets, Aspire Management, external servicers, custodians, and loan counterparties. This role is essential in supporting Redwood’s disciplined asset management framework and ensuring the accuracy and integrity of loan-level performance reporting.
Responsibilities & Duties
Loan Pool Administration / Asset Management
Aspire Pool
- Evaluate reports for potential Early Payment Defaults
- Seek cure or corrective actions (as applicable)
- Present Repurchase Requests to Sellers (as applicable)
- Coordinate receipt of repurchase proceeds, servicing transfer from incumbent servicer and release of collateral documents from Custodian
- Evaluate Whole Loan Buyer’s Repurchase Requests
- Seek cure or corrective actions as applicable
- Present Repurchase Requests with recommendation to Management (as applicable)
- Coordinate payment of repurchase proceeds, servicing transfers to incumbent servicer and return of collateral documents to Custodian (as applicable)
- Present Repurchase Requests with supporting documentation to Seller (as applicable)
- Coordinate receipt of repurchase proceeds, servicing transfer from incumbent servicer and release of collateral documents from Custodian
- Track all repurchase activity centrally and provide regular reporting to management
Securitization Pools
- Review Monthly Servicer Reports for potential Early Payment Defaults or other breaches
- Seek cure or corrective actions (as applicable)
- Track collateral performance including delinquencies, defaults, roll rates
- Prepare preliminary Executive Summary for Capital Markets Desk
- Address Capital Markets Desk questions and requests
- Prepare final Executive Summary for Capital Markets Desk
- Address Capital Partners questions and requests
Required Experience & Education
- Bachelor’s degree in finance or business
- Knowledge of the correspondent, retail, and wholesale mortgage lending business channels
- 2 years of servicing or servicing oversight experience
- Strong understanding of servicing processes including boarding, collections, loss mitigation, and reporting
- Strong data analytical skills; technologically savvy with the ability to work in varied systems
- Ability to communicate complex situations in a clear, concise manner
- Ability to plan, track, and coordinate the gathering, review, and summarization of loan documents and servicing reports
- High attention to detail and effective problem-solving skills
- Analytical thinking ability, diplomacy, and professionalism
- Proven success with project management
Compensation & Benefits
A reasonable estimate of the total compensation range for this role is $80,000.00 85,000.00. The actual salary offer will depend on job-related factors including education, geographic location, training, licensure and certification, and experience. CoreVest also offers a competitive benefits package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company-sponsored life insurance, fitness reimbursement, paid parental leave, volunteer time, Paid Time Off, ESPP, and 401(k) matching.
Equal Opportunity Statement
At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued and everyone has the opportunity to thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Salary : $80,000 - $85,000