TRAIL Rising Leaders Program
Newrez
TRAIL Rising Leaders Program
Newrez
Nationwide mortgage lender and servicer
At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.
Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.
Primary Function
Designed specifically for recent college graduates, the TRAIL (Tools Required for Advancement Into Leadership) program is a 12-month rotational leadership-development program that enables recent college graduates to gain practical, on-the-job leadership and management skills. TRAIL Operations Specialists are not interns, they are full-time employees, earning a competitive salary with benefits while being provided hands-on experience and mentorship from the assigned business area. The main objective of our program is to help strengthen the future leadership of the company by building a foundation in process improvement, presentation and leadership skills.
The Investor Reporting TRAIL Operations Specialist will get immersed in the following areas:
FHLMC Investor Reporting
Private Investor Reporting
Investor Accounting
Overall. this team is responsible for tracking, reconciling, and reporting loan activity to the investors who own or guarantee the mortgages being serviced. They act as a critical bridge between servicing operations and investors.
The TRAIL program will begin July 2027.
Principal Duties
Prepare and review investor reporting data for government and private mortgage loans.
Learn cash flow functions based on loan activity.
Review and reconcile bank transactions in relation to cash flow and loan activity.
Performs assigned duties, under direction of experienced personnel, to gain knowledge and experience required for promotion to a management position. These duties will involve decisioning in real world account management scenarios.
Performs business analyses and provides recommendations to leadership for business and process changes
Receives training and performs duties in several functions in order to become familiar with line and staff functions, management viewpoints, company policies, and best practices
Observes experienced workers to acquire knowledge of methods, procedures, and standards required for performance of departmental duties.
Help champion the Process Improvement discipline within the organization and implement the steps and tools necessary to successfully complete projects.
Will be required to attend company sponsored training classes and attain certain certifications.
Performs related duties as assigned by supervisor.
Education and Experience Requirements
Bachelors Degree from accredited college or university
Degree in Finance, Accounting or Business Administration preferred.
Knowledge, Skill, and Ability Requirements
Excel in a team-oriented, collaborative environment while contributing to the creation, design, and implementation of value-add business strategies that affect current operating practices and company policy.
Be able to clearly articulate and present ideas and findings to a varied audience, including the operations staff and senior leadership.
Excellent written and verbal communication skills
Proficiency in quantitative analysis
Ability to adapt
Willingness to learn
An entrepreneurial business mindset.
Strong business communication skills with an ability to work well in a collaborative environment.
Strong attention to detail and an ability to multi-task, respond well to pressure and deadlines, and work well individually and in a collaborative environment.
Strong skills in Excel and/or Tableau (charts, graphs, pivot tables, formulas, macros etc.).
Experience with PowerPoint and Visio a plus.
Applicants must be legally authorized to work in the United States. Newrez does not consider visa sponsorship for early career program opportunities. Applicants who require sponsorship now or in the future are not eligible for this position, this includes applicants with a temporary work authorization such as F-1 students on OPT or STEM OPT.
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
Additional Information:
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Why Newrez
We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.
Company Benefits:
We offer benefits, programs, and perks that support you in every aspect of your life.
Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
Adoption Assistance
Tuition & Certification reimbursement
Employee Mortgage Loan Program
The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
Newrez NOW:
Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
Matching Gifts Program - dollar-for-dollar up to $1,000
Access to grants, nonprofit resources, and volunteer opportunities
More than $6,000,000 donated since 2020
1 in 5 employees participates in at least one Employee Resource Group (ERG)
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
Newrez is a national mortgage lender and servicer offering conventional, government-insured, and jumbo loans through retail, wholesale, and correspondent channels. It originates loans via multiple channels and can sell them on the secondary market while continuing to service its own and third-party portfolios to earn ongoing servicing fees. Its approach combines broad origination channels with in-house and third-party servicing, and it has grown through acquisitions like Caliber Home Loans to expand its footprint. Its goal is to capture a large share of the mortgage market by expanding financing options, scale, and servicing capabilities.
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