NQM Funding, LLC

Compensation

Full Description

Are you ready to advance your career in a dynamic, industry-leading environment? Join NQM Funding, LLC, a top secondary market investor renowned for our expertise and innovation in the non-QM space. We operate both wholesale and correspondent channels, backed by our strong partnership with a global investment management firm. At NQM Funding, LLC offer cutting-edge programs, exceptional service, and highly competitive pricing. By joining our team, you’ll have the opportunity to work with a focused and passionate group of professionals who are committed to shaping the future of non-QM lending. We offer an environment where your expertise is valued, and your career aspirations can flourish. If you’re looking for a place to grow and make a tangible impact on the industry, NQM Funding, LLC, is the perfect fit for you. Apply now to be part of a company that’s redefining excellence in non-QM lending! Our TPO Division is looking to hire a Mortgage Product & Finance Analyst ALL REMOTE POSITIONS REQUIRE A DOWNLOAD OF NO LESS THAN 100 MBPS. Job Title: Mortgage Product & Repurchase Analyst Reports To: Senior Director of Mortgage Lending FLSA Status: Exempt Department: Account Executives Division: TPO Salary Range: $60K to $80K per year plus quarterly bonus. Summary: The Mortgage Product & Repurchase Analyst is responsible for reviewing mortgage loan data and investor requests, managing repurchase processes, and maintaining internal documentation to support product and program implementation. This role requires detailed analysis of loan performance and financial data and ongoing collaboration with internal stakeholders and investor partners to identify defects, mitigate risk, and ensure comprehensive documentation and effective communication. Key Responsibilities • Program Management Support: Partner with IT and cross-functional teams to support product and program rollouts, ensuring timely implementation and accurate system setup. • Third-Party Review Coordination: Work with internal teams and external vendors to ensure third-party review requests are logged, configured, reviewed, and completed in a timely and compliant manner. Update systems and communicate status to stakeholders. • Premium Recapture Management: Investigate and resolve investor premium recapture requests by validating financial details, performing financial calculations, managing databases, preparing correspondence, and tracking cases through resolution. • Repurchase Management: Manage and resolve repurchase requests from internal teams and investors by identifying root causes of defects (e.g., misrepresentation, missing documentation) and coordinating remediation efforts, including system updates, correspondence, and case tracking through completion. • Client Scorecard Data & Reporting: Analyze wholesale loan data, manage pipelines, conduct borrower financial analysis, and produce reports for management and investor review. • Procedures & Documentation: Maintain and update internal procedures, guides, and manuals while collaborating with internal and external teams to resolve issues and improve processes. • Additional Duties: Perform other related responsibilities as assigned. Required Skills & Qualifications • Strong understanding of mortgage origination, underwriting, servicing, and investor guidelines. • Proficiency in financial analysis, credit analysis, and interpreting complex data. • Excellent analytical, problem-solving, and communication skills. • Experience with mortgage software, databases, and potentially SQL for data extraction. Skills: • Detailed oriented, organized, and dependable • Initiative-taking • Excellent written and verbal communication skills • Excellent critical thinking skills • Ability to work independently with minimal supervision Education/Experience: • Bachelor’s degree or equivalent relevant work experience required • Minimum of 2–3 years of analytical experience in residential mortgage operations with demonstrated business acumen • Strong experience in database management and data warehousing environments • Advanced proficiency in Excel and SQL required • Prior experience with Encompass strongly preferred NQM Funding, LLC offers the following benefits: • Medical Plan • Dental Plan • Vision Plan • GAP Insurance • Life Insurance paid by the company • Voluntary Life Insurance • 401K • Pet Insurance • Legal Shield/ID Shield Equal Employment Opportunity: NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. NQM Funding LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same. NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.