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Whole Loan/Warehouse Middle Office Support Consultant

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
New York City
 NY
Postal Code
10167
Country
United States

This job is no longer active.

Description


Company overview

Our client is an Asia-based financial services group with an integrated global network spanning over 30 countries. By connecting markets East & West, they service the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Asset Management, and Wholesale (Global Markets and Investment Banking). Founded in 1920's, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership.

Role description:

The candidate filling this role should be proficient in managing various data flows from a number of different internal teams and outside clientele. Organizational proficiency in compiling funding data, and approvals is key to success in managing the work flow. Good communication with front office personnel, risk, legal, and outside clients is critical to control the risks associated with the funding process. High level knowledge of the residential mortgage industry, with specific exposure to P&I processing as well as wet loan financing are strongly recommended. Proficiency in Excel, and reconciliations is required. Candidate will be supporting a growing business within an evolving operational infrastructure and product mix.

Securitized Products Middle Office will be responsible for the following tasks:

  • Supporting the securitized product banking group and the whole loan trading desk.
  • Monitoring and updating the inventory of mortgage loan collateral held on the firm’s repo financing lines, as well as whole loan owned assets.
  • Evaluating collateral to ensure that potential funding pools are in compliance with established facility concentration and risk limits.
  • Responsible for coordinating between business groups to obtain required approvals to execute the final funding/purchase and sale processing

Requirements:

· Must have some securitized products experience.

Successful candidates will be engaged under a contract for services with a third party.

 

 

 

About SitusAMC

SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm employs more than 3,300 employees with offices in 27 markets across the U.S., Europe and APAC.

SitusAMC brings together the industry’s top talent, unparalleled platform and innovative technologies to help clients optimize returns, identify risk, transform processes and infrastructure, and ultimately, realize opportunities in their businesses.

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

 

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Job Sector


 

Experience


5+ to 7 years


This job is no longer active.

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