Residential Loan - Analyst​/Associate

Residential Whole Loan - Analyst/Associate

Position:
Mid-Senior level, Full-time.

National Life Group’s investment management company, NLG Capital, manages approximately $40+ billion in AUM. In this role you will support the execution of our residential mortgage investment strategy spanning over $1.5 billion in whole loan residential mortgages.

Key responsibilities will include market analysis, loan stratification and data‑driven pricing, underwriting support, portfolio monitoring and reporting, and business development efforts. You will collaborate with trade support, accounting, and technology departments and vendor partners on settlement tie‑out and trade management, and will build analytical systems supporting the team.

Please note that we do not offer visa sponsorship for this position.

This position currently offers an onsite work schedule with the expectation that you are in the office four days per week during onsite core days (Monday‑Thursday). The work schedule may change with advance notification and manager discretion.

• Support the residential mortgage team on transactions and asset management of the residential mortgage investment portfolio
• Perform deep sector‑specific research and analysis, identify relative value and potential trade opportunities, and communicate ideas across the team
• Keep portfolio managers updated on key developments in mortgage‑related sectors, and contribute to the team’s strategic outlook in both whole‑loan and securitized markets
• Help negotiate and manage flow and bulk contracts
• Collaborate with trade support, accounting, and technology departments along with vendor partners on settlement tie‑out and trade management
• Clear collateral exceptions with document custodian to make sure all collateral documents are received within the trailing document period
• Track and manage collateral and credit file requirements
• Manage the Know Your Counter party process for vendors and trade partners
• Complete diligence scope and diligence findings on each transaction based on feedback from investment committee
• Ensure trade stipulations complied with by Seller as per contracts (purchase agreement and trade confirm)
• Build, develop, and enhance analytical systems supporting the Residential Mortgage Investment team
• Compile and manage the residential mortgage monthly reporting (portfolio analysis, trade activity, performance attribution, asset exposure)

• Undergraduate degree (preferably in accounting, finance, economics, math, or engineering)
• 5+ years experience within the residential mortgage space
• Knowledge of mortgage structured finance including Agency / Non‑Agency MBS and Credit Risk Transfer (CRT) markets, with the skills to run various sensitivity and scenario analysis using prepayment models
• Familiarity with loan‑level due diligence, collateral, and contract finance for residential mortgage loans
• Strong quantitative skills, with proficiency in Excel, Power point, and customer relationship management software
• Drawn to incorporating technology and best‑practices to transaction management policies and procedures
• Ability to wear many hats and ensure that the business is being executed with zero‑defect or exceptions and with a strong work ethic
• First‑principles mindset and ability to think critically and challenge status quo
• Solid interpersonal skills and ability to connect to form meaningful working partnerships
• Experience driving projects to completion
• Ability and desire to work in a dynamic and demanding environment

• Knowledge of mortgage modeling systems (Intex, Yieldbook) and programming (Python, SQL) considered a strong plus

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs.

Base pay range: $105,000 - $154,000 USD. Additional compensation may include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave). The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs. If hired, the employee will be in an at‑will position and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time.

National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.

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