Position Overview
Maintain the bank's good standing with the FHFA by meeting all the reporting requirements in a timely and error free manner. Protect the interest of the bank by analyzing and comparing all AMA reports for any inconsistencies and changes in risk profiles for one reporting cycle to another whether it's daily, monthly, quarterly and / or annually reporting of any type. Enhance the member experience by performing vital business activities to advance the Bank's sales efforts while remaining in compliance with policies and procedures.
Essential Job Function :
- Interact with Financial Risk Management and Investment & Portfolio Management groups in evaluating new program features and the potential risks
- Participate in the management and proactively monitoring of MAP single pool and MAP aggregate pool master commitments in addition to the PFI sub-master commitments for the aggregate pool participants
- Assist in the mandatory FHFA reporting requirements in addition to all other internal AMA reporting.
- Monitor reporting inquiries from the members and recommend enhancements to the AMS dashboards.
- Responsible for generating the available reports from the other vendor portals and develop a reporting timeline and cycle for the stakeholders of the MAP team.
- Perform pricing comparison between MAP and Fannie Mae and Freddie Mac LLPA grids
- Prepare management reports to be included in Board, weekly and monthly ALMC reporting and other requested internal management reporting
- Assist with special projects, ad hoc analysis and reporting as requested by CBO and Director.
- Provide back-up in the department as necessary
- Assume additional responsibilities and duties as assigned
- Respond to ad hoc reporting requests by management
Experience :
Minimum of five+ years in the mortgage industry; mortgage origination, mortgage underwriting, and mortgage servicing preferable in a client facing role.Correspondent lending and secondary mortgage market a plusMinimum of five + years in a business analysis function, with expertise with different technologies.Skills :
Expert use of Microsoft Office Suite and Adobe Pro, Oracle / Microsoft SQL, VBA and PowerQuery, Qlik Sense and data queriesPerform analytical analysis for projects and reportsOutstanding communication (written and verbal), presentation, documentation, and interpersonal skills; keen attention to detail with the capability of producing high quality, pieces of work.Proven ability to juggle multiple projects on tight deadlines without compromising qualityAbility to work independently with minimal direct oversight, both individually and as part of a teamDetailed knowledge of residential mortgage industry / banking and servicing is a plusUnderstanding of credit risk transfer for residential loansSound quality assurance skills and good understanding of the impact of changes to system performanceFamiliarity with the life cycle of a mortgage loan from origination to servicingSolid research, analytical and multi-tasking skills that result in solid decision-making skills and time managementDemonstrated experience in gathering and translating business requirements into solution design proposalsStrong background in data analysis / mapping.Education :
Bachelor's degree in business, finance or accounting required with advanced degree in related field preferred.
Salary : $120,000 - $135,000