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Whole Loan Execution Group (WLEG) Repurchase Team, VP / Associate

Dallas, TX, USA | Goldman Sachs

  • Industry:
    Financial Services
  • Position Type:
  • Functions:
    Operations / Production
    Project Management
  • Experience:
    5-7 years
Job Description:
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Review and process referrals to the Repurchase Team including working closely with RMAM Contract Finance to ensure the identified issues constitutes a contractual representation and warranty breach

Communicate review results to other RMAM departments

Prepare written responses to counterparty repurchase rebuttals and mortgage insurance rescission requests

Work with various groups within RMAM to properly track, report, and communicate repurchase activity

Coordinate and communicate with third party servicers to ensure efficient service transfer of repurchased assets

Work with internal and external parties to prepare repurchase figures and coordinate funding

Actively participate in system/technology related projects (e.g., assist IT/System Administration with design, analysis, testing, and implementation aspects of enhancements made to the Due Diligence System)

Support other departmental teams as needed (e.g., New Originations, Whole Loan Reporting, and Trade Desk Support)

Assist in updating departmental policies/procedures; ensure departmental and firmwide guidelines are followed

Communicate the firms goals and objectives

Perform other duties as assigned


5+ years of extensive mortgage servicing experience, with an emphasis in Foreclosure, Bankruptcy, Loss Mitigation and Tax and Title related matters pertaining to residential mortgage assets

Possess firm understanding of governing documents including Purchase and Sale Agreements, Side Letters, and other trade-level documents

Independent thinker who will be proactive, assertive and professional in dealings with internal/external customers, third-party vendor partners, other RMD/RMAM teams, and senior managers; be able to work at the detail level while managing account relationships

Capable of recommending modifications to existing policies/procedures to control risk and improve performance/efficiencies

Strong ability to organize, analyze and interpret legal and compliance materials

Strong self-confidence, good judgment, and sound decision making and problem solving skills

Possess excellent time management/organizational skills with a keen eye toward attention to detail; must have ability to handle a fast-paced environment, manage deadlines with minimum supervision; successfully meet established project requirements and deadlines; must have ability to work independently and multi-task

Outstanding initiative and excellent communication/presentation skills (both verbal and written)

Possess strong organizational and detail-oriented skills

Advanced proficiencies in MS Excel, Word and Outlook

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