What are the responsibilities and job description for the Mortgage Loan Trading Associate position at Strategic Staffing Solutions?
Job Title: Mortgage Loan Trading Associate
Duration: 6-month contract with possible conversion
Location: Dallas, TX
Type: 100% onsite
Pay Rate: 23/HR
Basic Qualifications
Education:
- Bachelor’s degree or equivalent in Finance, Economics, Business, Math, or Accounting plus 2-4 years financial industry or related experience.
Preferred experience:
Strong communication skills (clear, concise, and confident) with the ability to manage internal and external relationships
- Must know Excel at an advanced level
- Tableau or BI experience a plus
- Mortgage banking or other financial industry experience preferred
- Able to work under tight time constraints and extended hours as required
- Solid analytical/logical mindset and attention to detail
- Ability to prioritize workload and manage expectations
Job Responsibilities
- Service a portfolio of syndicated and bilateral financing facilities.
- Work with agent banks and transfer agents to resolve cash and position discrepancies.
- Settle complex loan trades and monitor and review complex legal documents pertaining to the syndicated warehouse loan portfolio.
- Communicate effectively with the firm’s external business counterparts, such as agent banks, clients and trading partners, and internal stakeholders such as the Business Groups, Middle Office, Strats, Legal, Tax, Controllers, Technology, etc.
- Collaborate with Mortgage Loan Trading and Structured Finance in New York, London, Bengaluru and Asia on initiatives supporting warehouse infrastructures. Work on multifaceted and structured transactions such as large purchases, acquisitions, and securitizations of Residential/Commercial Real Estate/Consumer pools of loans.
- Meet Key Risk Indicators (KRIs) and other performance and risk metrics as outlined by management and work on regulatory reporting as it relates to the bank loans industry.