Financial Services
Senior Operations Associate
- Location
- New York, New York
- Compensation
- $110,000 - $160,000
- Employment type
- Permanent
- On-site
Credit Products: Hands-on experience with HELOCs, Home Equity Agreements (HEAs), Commercial Loans, Home Improvement Loans, and Non-Qualified Mortgages (NQMs); familiarity with loan tapes, remittance reports, securitization lifecycle, and risk retention financing.
Role responsibilities
- Credit Products: Hands-on experience with HELOCs, Home Equity Agreements (HEAs), Commercial Loans, Home Improvement Loans, and Non-Qualified Mortgages (NQMs); familiarity with loan tapes, remittance reports, securitization lifecycle, and risk retention financing.
- Structured Products: Knowledge of RMBS assets, including principal paydowns, interest flows, losses, and shortfalls; ability to interpret remittance reports and utilize Bloomberg tools (PDI, CPD, FLDS).
- Repos: Coordinate repo trades with custodians, monitor trade flow through settlement, manage cash movements, and review margin calls.
- Corporate Actions: Manage the full lifecycle, including document review, elections, settlement tracking, payout analysis, booking transactions, and coordinating with internal teams and fund administrators; handle proxy events and SEC NPX filings.
- Third-Party Oversight: Partner with outsourced operations teams, provide training, and ensure quality control through review and established processes.
Requirements
- BS degree in Finance or related degree from an accredited university
- Minimum of 1-3 years of Whole Loan operations experience
- Additional product knowledge spanning Equity, Bond, Mortgage-Backed Securities, Futures, Equity, FX, Repos, Futures, Options, and OTC Derivatives is a plus
- Experience with Corporate Actions: tenders, calls, mergers, stock splits, spin-off, Dutch auction, bankruptcy exchanges etc.
- Knowledge of back-office and front-office systems: General Ledger; Reconciliation; Collateral Management; Order Management. Bloomberg
- Geneva knowledge a plus. Otherwise, proficiency with accounting software.
- Strong verbal and written communication skills
- Excellent time-management and organizational skills; proven multi-tasking ability
- Must be detail-oriented with exceptional research, troubleshooting and problem-solving skills
Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.