Mortgage Pooling & Servicing Agreement Specialist

Job Summary

The Mortgage Servicing Pooling & Servicing Agreement (PSA) Review Specialist will play a critical role in supporting our client’s development of an advanced recoverability model. This position is responsible for conducting detailed reviews of pooling and servicing agreements to identify advancing obligations and recoverability provisions, translating contractual terms into operational rules, and supporting the design of systems and reporting to track, record, and recover servicing advances. This role requires strong expertise in mortgage servicing contracts, advanced policies, and data-driven analysis.

Key Responsibilities

• Perform comprehensive reviews of pooling and servicing agreements (PSAs) to document advancing requirements, recoverability terms, and contractual limitations.
• Extract, interpret, and document contractual language related to servicing advances, reimbursement priority, and recovery waterfalls.
• Review and assess the client’s existing advance policies and recoverability guidelines for alignment with contractual requirements.
• Build and maintain a detailed matrix of PSA contractual terms and overlay servicing rules to support the development of a corporate advance recoverability waterfall.
• Identify gaps, inconsistencies, and risks between contractual terms and current corporate advance practices.
• Develop and recommend process and policy enhancements to improve how servicing advances are recorded, tracked, and recovered.
• Support the design and development of a centralized database to document servicing advances and recoveries.
• Partners with technology, data, and reporting teams to define requirements, assist with coding logic, and produce operational and management reports.
• Ensure documentation is audit-ready and supports regulatory, investor, and internal governance requirements.
• Collaborate with servicing operations, accounting, legal, and compliance teams to ensure accurate interpretation and implementation of PSA terms.

Required Qualifications

• Strong knowledge of mortgage servicing, including mortgage servicing corporate advances, administration, recoverability, and investor guidelines.
• Demonstrated experience reviewing and interpreting pooling and servicing agreements or similar mortgage-backed securities documentation.
• Ability to translate complex contractual language into clear, actionable business rules and decision matrices.
• Experience working with corporate advance policies, recoverability frameworks, or reimbursement waterfalls.
• Strong analytical and documentation skills with exceptional attention to detail.

Preferred Qualifications

• 5+ years of experience supporting model development, data mapping, or system buildouts related to mortgage servicing corporate advance models.
• 5+ years of experience and familiarity with database development, reporting tools, or coding concepts used to track financial transactions.
• Background working with mortgage servicing investor reporting, mortgage servicing accounting, or default servicing.
• Experience collaborating with technology and data teams in a financial services environment.

Key Skills

• Pooling & Servicing Agreement (PSA) analysis
• Servicing advances and recoverability
• Contract interpretation and documentation
• Process improvement and policy development
• Data analysis and reporting
• Cross-functional collaboration

Benefits:

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Life & Disability Insurances

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