Easy Street Capital is hiring a
Senior Due Diligence Associate

Summary

Join Easy Street Capital as a Senior Underwriting Due Diligence Associate, responsible for performing due diligence and underwriting reviews for DSCR Loans on the EasyRent platform. Ideal candidate should have relevant experience in underwriting and/or due diligence roles related to DSCR Loans or similar Non-QM Loans or Commercial Real Estate (CMBS) Loans.

Requirements

• 2-5 Years Experience in a related role (Underwriting, Due Diligence, Quality Assurance, Securitization, Advisory) to DSCR Loans (or non-QM residential loans or CMBS loans)
• Extremely high attention to detail and organizational skills
• Strong communication skills and ability to both give and receive feedback
• Strong Understanding on the documentation involved in mortgage loan files underwritten for RMBS/CMBS securitizations including legal documents, appraisals, property insurance, title insurance, LLC entity documents, leases and credit/background reports

Responsibilities

• Perform underwriting and quality control loan file reviews of loan files prepared and underwritten by credit analysts and senior credit analysts
• Provide direct feedback and training on reviews to the credit analysts and senior credit analysts including explanation of changes and ongoing guidance for improvement
• Review signed loan documents and closing statements for accuracy and completeness regarding full and proper execution of loan documents and the release of escrows
• Interface with third-party review firms and secondary market loan buyers regarding exceptions and file feedback, proactively and quickly addressing any items flagged in review in order to expedite and smoothly complete loan sales on the secondary markets
• Continuously develop expertise on internal underwriting guidelines and any market changes or developments in the industry

Preferred Qualifications

Positive Attitude, Accountability and willingness to work additional hours (past standard 45-Hour Week) in times of heavy deal flow