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Global Banking & Markets, Loan Management, Whole Loan Execution Group, Repurchase Team, Vice President - Dallas

Goldman Sachs

Goldman Sachs

Dallas, TX, USA
Posted on Thursday, June 6, 2024

Job Description

The Repurchase Vice President will be responsible for overseeing the management and optimization of highly time-sensitive recovery, repurchase and contractual obligation activity to support the firm’s Residential Mortgage Trading Desks for varied asset classes including agency/non-agency new origination and non-performing/re-performing mortgage loans. You will also be responsible for overseeing a small team of experienced professionals driving the execution of repurchase processes.

Responsibilities

  • Play a pivotal role working with clients and collaborating with multiple trading desks, legal counsel, compliance experts and business line peers to ensure timely resolution of inbound and outbound repurchase demand activity
  • Provide strong leadership to a small seasoned team fostering a collaborative and high-performance culture
  • Manage workflows and workload distribution, monitor progress of the inbound and outbound pipelines and ensure contractual obligations are met within the timelines dictated
  • Build controls and processes to ensure accurate execution on activities within areas of responsibility
  • Track findings and format trending to use in overall improvement of process and performance
  • Leverage expertise and experience in multiple related business lines including default servicing, title, and mortgage loan servicing to prepare repurchase demands and to communicate the Firm’s position related to complex scenarios and deficiencies cited in breach notifications
  • Perform other related duties as required and assigned

Experience Requirements

  • 5+ years of residential mortgage transaction experience with additional servicing experience with an emphasis in Foreclosure, Bankruptcy, Loss Mitigation and Tax and Title related matters preferred
  • Strong ability to organize, analyze and interpret legal and compliance materials including trade related purchase and sale agreements, loan level representations and warranties, due diligence reports, credit underwriting, funding schedules, and collateral documents
  • Broad knowledge of default servicing, title and trade due diligence
  • Very strong communication and interpersonal skills and the ability to build relationships with stakeholders including peers, servicers and vendors, clients and the trading desk.
  • Strong self-confidence, good judgment, and sound decision making and problem solving skills

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

© The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity