Agency Delivery And Trade Analyst

Description

We are hiring an Agency Delivery and Trade Analyst to join the Mortgage Capital Markets Agency Delivery and Trade Settlements team.

The Agency Delivery and Trade Analyst is responsible for delivering closed, held for sale mortgage loans to respective agencies (primarily FNMA, FHLMC, GNMA) for securitization and issuance in Agency MBS pools. This role will also be highly involved in trade entry and settlement, processing a broad array of transactions into the trade risk management system from TBA forwards to MBS sales to Futures & Options. Due to the sensitive and complex nature of this material, this position requires exceptional attention to detail and the ability to precisely follow documented, established procedures regarding loan certification, MBS pooling and settlement best practices. 

Primary Responsibilities:

• Responsible for delivery of all loans allocated by Secondary Marketing for industry sales to agencies such as FNMA, FHLMC and GNMA. Basic knowledge of agency and custodial guideline requirements strongly preferred.
• Responsible for reviewing, analyzing and correcting mortgage loan data errors to ensure MBS collateral information integrity while adhering to Capital Markets securitization delivery deadlines.
• Responsible for entering trades into the risk management system, allocating pools to trades, reconciling daily transactions, and coordinating the settlement of mortgage-backed securities with Wall Street Dealers.
• Manage the creation and distribution of TBA trade assignments as needed.
• Manage all trade confirms and ensure that broker dealers provide timely and accurate responses. 
• Support the securitization pooling process to facilitate planned settlement cadence while tracking and managing specific collateral delivery strategies, especially with respect to specific agency collateral goals.
• Communicate with trading and risk management teams to ensure maximum pooling execution efficiency and Trade settlement accuracy.
• Build loan delivery analytics and prepare and distribute daily, weekly, and monthly reporting.
• Work closely with other groups to provide direction, input and support regarding resolving loan data errors.  These areas include, but not limited to: Post Closing, Citizen's document custodian & settlement agent, Agencies & investors, Finance, and Servicing. 
• Must be flexible with the ability to multi-task while producing accurate, high-performance results. 
• To be successful in this role, the candidate must have a natural analytical way of thinking and be very detailed oriented. 

Required Skills and Experience

• Bachelor's Degree 
• Advanced Excel experience entailing extensive use of financial, lookup and logic functions; prior experience with VBA highly preferred. 
• Experience with SQL is required. (Will accept experience with another coding language in lieu of direct SQL experience) 
• Functional proficiency with Tableau highly valued
• Prior mortgage experience, preferably in capital markets, secondary marketing, or loan delivery with a sound understanding of home mortgage products and processes.
• Strong analytical and communication skills
• Prior, successful experience working in a fluid, complex, deadline-driven environment highly valued.

 

Hours & Work Schedule

Hours per Week: 40+ overtime as needed.

Work Schedule: Monday - Friday in the office

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.

Education: Why Work for UsEmployment Type: 1ST