Senior Associate, Collateral Management

Please review the job applicant privacy notice here .
WHO WE ARE
Binomial Real Estate supports Blackstone's residential mortgage portfolio business. Binomial manages a portfolio of business-purpose loans and reperforming loans (RPL's), providing critical asset pre-acquisition due diligence and vendor oversight. Binomial, a remote-first company, has its corporate headquarters located in New York, NY with employees located in each time zone.
WHY THIS ROLE IS VALUABLE
The Collateral Management team's responsibility is supporting the Blackstone residential mortgage business by managing the collateral process which includes but is not limited to: accuracy and completeness of the custodial file, pledging process, vendor oversight and side letter management. The Senior Associate's role will not be limited to one area but cover all these functions under the guidance of the SVP, Collateral Management. This position will interact directly with sellers, servicers, vendors, loan servicing oversight, the Trading Desk, and 3rd party financing lenders.
HOW YOU ADD VALUE

• Manage custodian relationships per agreements
• Custodian/Seller pipeline and exception clearing
• Vendor oversight and Side Letter tracking
• Custodial reporting and custodial site requests
• Warehouse funding
• Pledging of loans and vendor oversight
• Working with internal teams/servicers on collateral and document related items
• Other tasks as assigned by manager

WHAT YOU BRING TO THE ROLE
Required:

• Binomial Real Estate seeks to hire individuals who are motivated, experienced in the subject matter area, and are detail oriented while working within hard deadlines mandated by regulation, and are self-sufficient in a remote work environment.
• The successful candidate should have:
• Bachelor's degree
• 5+ years' experience in the Mortgage Industry/Collateral industry
• Strong working proficiency with Excel, SQL, and other relevant MS Office software
• Self-Sufficient and ability to work remote within a team environment
• Excellent oral and written communication skills
• Experience with vendor relationships

As of the date on which this job advertisement is posted, Binomial anticipates that the base salary range for this role is $80,000 - $110,000 (this represents the presently anticipated low and high end of the Company's base salary range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience.
Perks for You

• Competitive salary, overall compensation and 401(k)
• Work-life balance offerings include:
• Remote work policy
• Weekly Summer Fridays
• Generous health insurance and wellness benefits

EEO Statement
Revantage is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email [email protected]