Analyst, Servicing Oversight

Company Background

FirstKey Mortgage, LLC ("FKM") is one of the world’s leading private label securitization and asset management firms. We are a boutique financial services company with a primary focus on the buying and securitizing of residential mortgage loans and other consumer receivables. Since inception FKM has excelled in acquiring, securitizing and managing real estate and other related assets in the U.S. and Europe.

Established in 2013, FKM is a portfolio company of Cerberus Capital Management and has participated on over $80 billion rated securitization transactions across 85 bespoke ABS/MBS deals globally.

FKM employs approximately 45 mortgage banking professionals and is headquartered at 900 Third Avenue in midtown Manhattan. Our officers and directors have an average of 20 years of industry experience.

FKM strives for business excellence and superior execution with the following critical functions:

• Managing the asset bidding and asset acquisition processes
• Efficient asset document review using machine learning and optical character recognition
• Vetting of assets for any issues with lending laws, taxes, or underlying collateral value
• Payment collection, surveillance, and loss mitigation once the asset is purchased
• Securitization of loans into bonds and marketing these assets to institutional investors

Job Description and Responsibilities

• Reconcile investor remittance reports to ensure accuracy and timeliness of reporting
• Monitor Servicer data/reporting to assess compliance with key performance indicators, service level agreements, delegated authorities, and established policies and procedures
• Leverage internal database technologies to streamline and enhance data management processes across organizational platforms
• Validate data integrity and accuracy in incoming data feeds and in-house data warehouses to ensure reliable reporting for internal and external stakeholders
• Assist in system enhancements and implementations, performing testing to confirm alignment with documented business requirements
• Support key daily and monthly processes, including database management, loan-level cashflow monitoring, early payment default/payoff processing and loss mitigation activity, through data review and collaboration with Servicers and other counterparties
• Conduct surveillance and follow-up on loss mitigation and default-related activities and analyze portfolio trend indicators to help make data-informed decisions
• Coordinate communications and escalations with internal teams—including Asset Management, Servicing Oversight, Legal, and Compliance—to support effective portfolio management and resolution of high-risk loans

Qualifications

• 3 years of experience in mortgage operations and/or investor reporting required
• Undergraduate degree in Finance, Business Administration, or technology-related field
• Strong proficiency in SQL and database management. Skilled in leveraging datasets to extract insights and optimize data workflows
• Advanced analytical and problem-solving skills with keen attention to detail and ability to identify patterns, trends, and anomalies
• Ability to work both independently and in a team-oriented, fast-paced environment

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by FKM in its sole discretion.

Compensation

The base salary for this position is expected to be between $90,000 and $110,000 annually. The base salary offered to the chosen candidate will be commensurate with a candidate’s relevant experience and other qualifications for the position, as determined by FKM in its sole discretion.In addition to the base salary, this position is eligible for an annual discretionary bonus and a comprehensive benefits package.