Overview
Responsible for oversight and direction of all departmental activities related to counterparty management, contract administration, compliance, and client level agreement remedies.
Job Description

• Establish strategic direction and objectives pertaining to Client Administration and Post Purchase Loan Defects
• Oversee the evaluation and approval process for prospective clients and review and monitor clients to determine alignment with established policy and procedures
• Determine options and desired outcomes for client status, confer with executive leadership, and direct the appropriate course of action for ongoing business activities with clients
• Oversee the determination of options and desired outcomes for repurchased loans, ensure implementation of the best course of action and manage the documentation of applicable decisions
• Oversee the development of procedures to ensure current processes are correctly documented to ensure compliance with internal standards as well as federal and state regulations
• Negotiate loan purchase agreements
• Interface with various groups, including internal teams, external clients, and vendors to ensure departmental activities are appropriately coordinated across the division and enterprise
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization's desired culture and values

Ideal Candidate will have the following:

• Bachelor's degree or higher in Business Administration, Finance or related field preferred
• Recent experience in managing correspondent counterparty approvals for a nationally recognized company
• Functional understanding of correspondent acquisition process
• Functional understanding of applicable federal, state and local lending regulations
• Functional understanding of mortgage investor guidelines
• Managerial experience required
• Highly proficient in Microsoft Office Suite
• Team player with strong attention to detail and able to work independently
• Proven track record at delivering timely and accurate information in a fast-paced environment
• Excellent critical thinking, problem solving, financial analysis and mathematical skills and sound judgment
• Strong business acumen and ability to interface with executive management
• Experience with Microsoft SQL Server, preferred, not required

Years of Experience:
10Education:
Bachelor's Degree