Repurchase Analyst II (4085) in Lewisville, TX at Mr. Cooper

Date Posted: 9/10/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/10/2018

Job Description



Ready to be a Cooper too? This might just be right up your alley!



We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.


The Repurchase Analyst II will be responsible for reviewing loans demanding a Repurchase/Make Whole from investors for alleged Servicing defects/issues. The position will research all aspects for compliance within investor guidelines and make recommendations to management to accept or file a rebuttal under the direction of Repurchase Manager.


ESSENTIAL JOB FUNCTIONS

  • Reviews assigned inbound investor repurchases, make whole demands and maintains a working pipeline in company database.
  • Investigates a variety of Servicing related issues using various research tools; internal as well as vendor resources, to defend Mr. Cooper’s position and confidence in the loan.
  • Under minimal supervision, ensures compliance with investor guidelines/timelines and internal requirements by identifying risk exposure on repurchase claims through forensic analysis on loan files.
  • Works with Repurchase Management to prepare thorough written appeals with effective supporting documentation to defend and mitigate loss exposure for Nationstar.
  • Analyzes data to identify trends to minimize risk for Nationstar and, effectively communicate findings to the Repurchase Managers.
  • Identifies potential recourse on demands issued against Nationstar and submits data to Contract Recovery claims.
  • Reviews contracts and identifies breaches in order to rebut demand requests and identify responsible party for potential recourse.

KNOWLEDGE, SKILLS, ABILITIES

  • Education & Professional Experience: Bachelor's degree preferred and typically requires a minimum of 2 - 5 years related work experience. Mortgage and/or Financial services experience a plus. Preferred candidates should possess in depth knowledge of FHA/VA claims, Reverse Mortgages, and/or prior Repurchase experience.
  • Leadership/Hierarchy: Operates effectively under general supervision. Receives detailed instructions on new projects. Effectively builds strong relationships with team, manager and department. Often goes beyond the basic requirements and takes on initiatives that clearly add value. Often leverages new ideas; promotes new ways of looking at problems and processes.
  • Level of Decision Making: Some decision making authority on daily work assignments. Seeks advice from those who’ve solved similar problems. Probes all fruitful sources for answers, and thinks ‘outside the box’ to find options. Possess objective analytical problem solving skills. Requires relatively little direction to get the job done.
  • Individual/Customer Impact: Decisions and actions have high impact on success of team, department, business line and/or client. Scope of work has high impact on team, business unit, department and/or processes. Willingness to go above and beyond the minimum requirements to ensure a positive customer experience. Often searches for ways to improve the customer experience.
  • Communication: Exceptionally skilled in verbal and written form as appropriate for the needs of the audience. Demonstrated ability to craft written correspondence that conveys messages that cannot be misinterpreted.
  • Technical Proficiency: Demonstrate advanced computer and software skills necessary for job function; ability to manipulate data to create specific reports if needed.




Job Requisition ID:

4085

Job Category:

Servicing

Primary Location City:

Lewisville

Primary Location Region:

Texas

Primary Location Postal Code:

75067

Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Servicing

Additional Posting Location(s):


Alternate Requisition:

No