Counterparty Risk Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Assess and authorize new and renewal accounts for wholesale and correspondent operations, ensuring all required documentation and financial information comply with company policies.

• Perform thorough due diligence reviews that encompass licensing, entity verification, KYC procedures, credit reports, financial statements, insurance, and operational history.

• Supervise and resolve sanctions alerts concerning brokers, loan officers, and correspondent lenders, ensuring compliance with regulatory standards.

• Partner with onboarding and sales teams to facilitate wholesale and correspondent lifecycle management, covering the process from application to renewal.

• Assist in developing risk mitigation strategies by refining approval criteria and enhancing monitoring protocols.

• Extract and analyze data reports using Surge, Excel, and other internal systems to keep status trackers and dashboards current.

• Dispatch wholesale and correspondent Agreements via DocuSign, monitor completions and adjustments to agreements, and uphold compliance documentation.

• Offer continuous support to Account Executives and Sales Managers, including outreach, training reminders, and renewal communications.

• Aid in handling audit and examination requests related to Counterparty Risk.

• Provide regular updates to Leadership, following an agreed schedule, concerning application and renewal activities.

• Offer technical assistance to Wholesale and Correspondent applicants who require help with initial or renewal applications.

• Undertake additional wholesale and correspondent-related tasks and account maintenance responsibilities as necessary.

• Exhibit conduct and decision-making that embodies Newfi’s core values and culture.

⛳️ Requirements

• Outstanding attention to detail with the capability to work autonomously as well as collaboratively within a team.

• 3–5 years of experience in mortgage banking, wholesale or correspondent lending, or financial services with a focus on credit/risk analysis.

• Skilled in credit risk evaluation, operational due diligence, and adherence to regulatory compliance.

• Comprehensive knowledge of mortgage processes, broker/lender interactions, and third-party vendor management.

• Strong analytical and decision-making abilities; capable of converting data into actionable insights.

• Proven track record of delivering precise information under tight deadlines in a fast-paced setting.

• Effective time management skills with the ability to prioritize a variety of tasks.

• Excellent verbal and written communication capabilities.

• Proficient in Microsoft 365 (Excel, Outlook, Word), Acrobat Pro, and DocuSign.

• Experience with Free Agent CRM, Salesforce, and MeridianLink is advantageous.

🏝️ Benefits

• Competitive compensation package.

• 401k matching, fully vested after three years of employment.

• Comprehensive medical, dental, and vision coverage.

• Access to leadership and career advancement opportunities.