Repo Analyst

Position Summary

The Repo Analyst plays a critical support role within Redwood Trust’s Treasury team. This position is responsible for assisting in the daily management of the company’s cash flow, capital adequacy, and transaction settlements. The Repo Analyst will work closely with the Senior Treasury Manager and other team members to ensure that all treasury operations are executed smoothly and efficiently. This role requires a detail-oriented individual with strong analytical skills and a desire to grow within a dynamic financial environment.

Responsibilities & Duties

• Assist in managing daily treasury cash needs and allocations across subsidiary accounts.
• Support the preparation and execution of daily cash reconciliations, including wires, internal account transfers, and bank-to-bank transactions.
• Support collateral management and securities REPO initiatives related to jumbo mortgages and business purpose lending (single family rentals, bridge, and fix & flip).
• Provide analytical support for cash management and financing activities, particularly for non-agency conduit and business purpose lending platforms.
• Monitor and report on the company’s credit facilities, helping to ensure sufficient liquidity and optimized balance sheet leverage.
• Assist in the daily management of derivative and financing cash margining requirements.
• Help maintain and update corporate policies related to treasury operations, ensuring adherence and compliance.
• Support the Treasury team in ensuring compliance with external counterparty financial covenants and collateral eligibility requirements.
• Assist in maintaining ISDA and MRA operative documents with registered dealers.
• Participate in quarterly and annual internal audit testing, providing support for addressing any findings.
• Monitor regulatory changes and assist in implementing necessary policy revisions.
• Collaborate with other departments to gather data and provide treasury-related insights and analysis.

Required Experience & Skills

• Bachelor’s degree in finance, economics, accounting, or a related field.
• 2-4 years of experience in corporate finance or treasury.
• Basic knowledge of fixed income, mortgage-backed securities, and residential loans is preferred.
• Experience with or exposure to business purpose lending warehouse financing and security REPO is ideal.
• Strong quantitative and analytical skills with the ability to work with large data sets.
• Excellent organizational skills and attention to detail.
• Ability to work effectively both independently and as part of a team.
• Strong communication skills, with the ability to present data and findings clearly.
• Proficiency in Microsoft Excel and familiarity with treasury management systems or financial software is preferred.
• Willingness to learn and adapt in a fast-paced environment.

A reasonable estimate of the base compensation range for this role is $80k - $85K annually. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. Our company also offers a competitive benefit package including discretionary corporate bonus program, multiple health plans, STD and LTD options, company sponsored life insurance, fitness reimbursement, paid parental leave, time to volunteer, Paid Time off, ESPP, and 401K matching.