Collateral Analyst – Associate 1

Description

The Collateral Analyst – Associate I will support the post-acquisition collateral process by coordinating with Sellers and custodial vendors, reviewing collateral and legal documentation for completeness and enforceability, tracking and resolving collateral exceptions, and ensuring accurate, timely delivery of collateral to support securitization and whole loan sale strategies.

Responsibilities and Duties :

• Collaborate with Sellers and third-party custodial vendor(s) to ensure appropriate documents and data are captured / received and files are processed for transactions within established timeframes.
• Ensure legal document collateral is valid, enforceable, and serviceable to meet all operational components of the business strategies.
• Ensure Sellers resolve exceptions for final document delivery, securitization, and whole loan sales in a timely manner.
• Ensure all necessary information and data has been communicated to internal counterparts to successfully service mortgage loans and ready them for securitization and future sale.
• Provide guidance and training of Verus requirements to Sellers and Custodian(s) as needed.
• Provide backup support for other collateral team roles as needed.
• Contribute to the development and maintenance of processes, policies, and systems to support the post-acquisition collateral process.
• Contribute to the completion of additional projects & responsibilities, as assigned, that contribute to the growth & well-being of the company.

How This Role Demonstrates Our Values :

Integrity : Shows integrity and ethical conduct when reviewing sensitive legal documents and collaborating with partners.

Collaboration : Treats internal and external partners with respect and professionalism.

Excellence : Upholds Verus’ commitment to operational excellence, customer service, and responsible mortgage lending.

Critical Curiosity : Demonstrates accountability in tracking, resolving, and communicating collateral exceptions.

Education and Experience :

Benefits

Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship.

Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions.

All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties.

Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person’s race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person’s disability or medical condition.

Invictus Capital Partners, LP (“Invictus”), a leading investment firm, and its subsidiary Verus Residential Loanco, LLC (“Verus,” and together with Invictus, the “Companies”), manage and oversee investments in Non-Agency single family residential mortgage loans.  Invictus is located in Washington, D.C. and has approximately 50 employees, and Verus is located in Minneapolis and has approximately 200 employees.  The Companies have overseen the acquisition of over $38 billion of mortgage loans since their inception.  In addition, Invictus manages over $19 billion in gross assets and has completed over 70 rated securitizations.  Interested candidates can learn more about the Companies by visiting www.invictuscp.com and www.verusmc.com.