Mortgage Finance Jobs (NOW HIRING)

It Starts Here:

Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what's possible. This is more than a strategic shift. It's a chance for driven professionals to grow, learn, and make a real difference.

If you are interested in exploring the possibilities We Want to Talk to You!

The Difference You Make:

The Residential Mortgage Finance Associate will be a key member of the Residential Mortgage Finance team within the Securitized Products Group (SPG), supporting the origination, analysis, structuring, underwriting, and portfolio management of financing solutions for mortgage-related clients.

The role will focus on residential mortgage finance activities, including residential mortgage loan financing, mortgage servicing rights financing, and related credit products. The successful candidate will combine strong analytical capabilities with credit, collateral, and transaction execution experience, as well as an understanding of residential mortgage lending, mortgage company finance, and related risk considerations.

• Analyze residential mortgage collateral, loan tapes, review collateral eligibility, concentration limits, track performance triggers and monitor portfolio performance trends

• Review underwriting guidelines of prospective clients to evaluate their various origination programs
• Review client financial statements, liquidity, leverage, profitability, origination volumes, servicing portfolio performance, and operating metrics
• Support underwriting, structuring, approval, and ongoing management of residential mortgage financing arrangements
• Prepare internal credit memoranda, transaction summaries, client presentations, portfolio reviews, and approval materials
• Assist with due diligence on mortgage originators, servicers, aggregators, and other residential mortgage finance clients
• Evaluate residential mortgage loan performance, including delinquencies, prepayments, defaults, repurchases, early payment defaults, and servicing-related metrics
• Monitor borrowing collateral, covenant compliance, margining, and facility utilization
• Coordinate with internal teams, and the various lines of defense including Risk, Legal, Compliance, Operations, Treasury, Finance, and Audit
• Coordinate with external stakeholders, including clients, legal counsel, document custodians, valuation providers, and third-party diligence firms
• Review transaction documentation, including credit agreements, security agreements, custodial agreements
• Monitor residential mortgage market trends, agency and non-agency lending developments, interest rate trends, origination volumes, servicing valuations, and regulatory developments
• Provide analytical support for new business opportunities and existing client relationships

What You Bring:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• Bachelor's degree preferably in Finance, Economics, Business, Accounting, Mathematics, Computer Science, or a related quantitative discipline
• Advanced degree or relevant professional designation is additive

Qualifications:

• Minimum of 3 years of experience in residential mortgage finance, mortgage warehouse lending, specialty finance, commercial banking, structured lending, mortgage banking, credit underwriting, or related financial services disciplines
• Experience evaluating mortgage lenders, servicers, aggregators, mortgage collateral, warehouse facilities, MSR financing, or servicing advance facilities preferred
• Familiarity with residential mortgage origination, servicing, collateral eligibility, agency guidelines, non-agency mortgage products, and mortgage industry risk factors preferred
• Strong attention to detail and problem-solving capabilities
• Experience analyzing residential mortgage collateral, loan-level data, client financial statements, and borrowing base reporting
• Understanding of residential mortgage lending, mortgage company finance, collateral valuation, warehouse lending mechanics, and secured credit facilities
• Strong understanding of credit risk, liquidity risk, counterparty risk, collateral risk, and operational risk in residential mortgage finance
• Strong financial modeling, credit analysis, and analytical skills
• Proficiency with Excel and financial analysis tools
• Familiarity with mortgage finance systems, loan tapes, custodial reporting, collateral reports, and mortgage data fields preferred
• Excellent written, verbal, and presentation skills
• Ability to manage multiple priorities and deadlines in a fast-paced environment
• Self-motivated team player with the ability to work independently and collaboratively across functions

Certifications:

• No Certifications listed for this job.

It Would Be Nice For You To Have:

• Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.

Work Authorization & Sponsorship:
Applicants must be legally authorized to work in the United States on a full-time basis without requiring employer sponsorship to commence employment.

What Else You Need To Know:

The base pay range for this position is posted below and represents the annualized salary range. For hourly positions (non-exempt), the annual range is based on a 40-hour work week. The exact compensation may vary based on skills, experience, training, licensure and certifications and location.

Base Pay Range:

Minimum:

We Value Your Impact:

Your contribution matters and it's recognized. You can expect a fair and competitive rewards package that reflects the impact you create and the value you deliver. We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future. Santander Benefits - 2026 Santander OnGoing/NH eGuide (foleon.com)

Risk Culture:

We embrace a strong risk culture and all of our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

EEO Statement:

At Santander, we value and respect differences in our workforce. We actively encourage everyone to apply. Santander is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status or any other characteristic protected by law.
Working Conditions:

Frequent minimal physical effort such as sitting, standingand walking is required for this role. Depending on location, occasional moving and lifting light equipment and/or furniture may be required.

Employer Rights:

This job description does not list all of the job duties of the job. You may be asked by your supervisors or managers to perform other duties. You may be evaluated in part based upon your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time. This job description is not a contract for employment and either you or the employer may terminate your employment at any time for any reason.

What To Do Next:

If this sounds like a role you are interested in, then please apply.

We are committed to providing an inclusive and accessible application process for all candidates. If you require any assistance or accommodation due to a disability or any other reason, please contact us at TAOps@santander.us to discuss your needs.