Two Harbors Investment Corp.
Two Harbors Investment Corp. is a publicly traded mortgage real estate investment trust, or REIT. Our objective is to provide an attractive risk-adjusted total return to our stockholders over the long-term through dividends and capital appreciation. Our mission is to be recognized as the industry-leading mortgage REIT. We take an opportunistic investment approach to the residential mortgage sector, including residential mortgage-backed securities, mortgage servicing rights and other financial assets.
Two Harbors today is the largest hybrid mortgage REIT with a market capitalization of over $3.5 billion. Two Harbors is externally managed and advised by PRCM Advisers LLC, a wholly owned subsidiary of Pine River Capital Management L.P. Two Harbors trades on the NYSE under the ticker symbol “TWO”.
The Correspondent Risk Manager will be responsible for the management of all new and existing correspondent counterparties that sell mortgage servicing rights (“MSR”) to Two Harbors, including: performing correspondent due diligence reviews and approvals; ongoing monitoring of correspondent performance including reports to senior management; and, the compilation and submission of annual certifications for each Government Sponsored Entity (each a “GSE” or collectively the “GSE’s”) and the Department of Housing and Urban Development (“HUD”). The successful candidate will act as the liaison between the correspondent and Two Harbors to ensure that each correspondent maintains adequate financial strength, adherence to origination and operational guidelines, and the compliance with laws and regulations. The Correspondent Risk Manager will have a significant amount of interaction with internal and external parties and must demonstrate the ability to thrive in a fast-paced entrepreneurial environment.