Junior Financial Analyst

Description

This position is in the Securities Administration Services (SAS) group. Responsible for processing the most complex transactions or reconcilements relating to loan or security payments. Duties include:

• Providing remittance and correction information to servicer
• Monitoring and analysis of pooled loans to determine non-compliance, communication of information to investors
• Evaluate servicer performance to ensure compliance with stated agreements
• Participates in system enhancements by attending user group and testing.
• Identify and communicate processing exceptions that are relevant to similar series across individual portfolios.
• Incumbents must maintain a working knowledge of their area of expertise, including Collateral, Securities, Default or Trust Administration.
• May train junior level staff and review junior staff processing and reconciliations.
• May propose recommendations and implement automated solutions on an ongoing basis.

Summary:

Candidates will be responsible for data entry, accounting, and analyses of pooled loan data from many different mortgage servicers. Candidates can expect to be using multiple database systems including Microsoft Excel regularly to ensure that any variance in data is identified and accounted for. Research and interpret all controlling legal documents as issues arise with collateral or bond payments. Candidates will be working with Collateral, Securities, Default and Trust Administration. The environment is extremely team oriented and deadline driven as analyses must be complete at certain points during the month which will require overtime

Skills

Business analysis, Excel, Analysis, Finance, Data

Additional Skills & Qualifications

• Experience with Microsoft Excel (Formulas, Pivot Tables, V Look Up, and more)
• Bachelors degree in Math, Economics, Finance, Accounting, Statistics, Business or related
• Prefer 1+ year in Financial Services (Including internship exp.)

Experience Level

Entry Level