CMG Financial Careers

POSITION OVERVIEW:  The Investor Purchasing Analyst is responsible for executing the resolution of pre-purchase loan issues to complete the loan sale or post-purchase issues to prevent repurchase of the loan.

ESSENTIAL DUTIES and RESPONSIBILITIES, includes the following responsibilities, but not limited to:

• Utilizes internal CMG reporting to monitor outstanding loans pending purchase by assigned investors.
• Monitors investor website(s) at least daily for their specific statuses and outstanding conditions that CMG must meet or fulfill for purchase.
• Communicates with internal or external customers, or both, to obtain necessary documentation required to perfect loan sales to Investors.
• Manages delivery of completed conditions to investors for their review and obtains investor sign-off /approval for purchasing loans from CMG.
• Delivers timely and accurate communication to investors, including follow-up calls or e-mails to ensure that submitted conditions are acceptable to get loans purchased.
• Follows established communication protocol and delivers communication to upper management regarding all loans that have been purchased, along with their purchase advice if applicable.
• Responds to post purchases Quality Control missing items and deficiencies in a timely manner.
• Researches and investigates facts as necessary to prevent unsaleable loans and repurchases, including collecting necessary data and gathering information required for successful rebuttals.

PREFERRED QUALIFICATIONS AND EXPERIENCE:

• 5-10 years of Underwriting experience.
• 3+ years of experience with FNMA (DU) and FHLMC (LP).
• 2+ years of experience with Bond loans preferred.
• BYTE experience preferred.
• Compliance or Quality Control experience preferred.
• Detail oriented.
• Ability to provide clear documentation and feedback.
• Ability to prioritize work and goals according to importance and deadlines.
• Proficient in Microsoft suite of products; Outlook, Word, Excel, PowerPoint etc.
• Ability to work in a fast-paced fluid environment.
• Excellent communication skills both written and verbal.
• High level of integrity and confidentiality required.

SUPERVISORY RESPONSIBILITIES:

Direct Reports: N/A

PHYSICAL and ENVIRONMENTAL CONDITIONS:

Standard office environment, equipment, and tasks, including work at a computer terminal.  This position requires partial sitting and walking throughout the day.  Employee must be open to work overtime to complete assigned tasks.

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