SECURITIZED PRODUCTS IBMO ANALYST

As a Barclays Securitized Products IBMO Analyst, you will be responsible for addressing the continued growth and breadth of whole loan trading product and transaction types that have been established as part of the core business strategy. You will liaise with the Trading Desk and third party mortgage originator & servicers to manage trade settlement process and life cycle events.

Barclays is one of the world's largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We've helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity.

WHAT WILL YOU BE DOING?

• Coordinating with trading, banking and operations timely settlement of performing and non-performing whole loans, daily funding of economic borrowings with money market treasury

• Reviewing deal documents and validate terms on the applicable systems (SPCATs, LION, IMPACT)

• Overseeing purchase of mortgage whole loans and subsequent sale or securitzation booking 

• Ensuring trade bookings and transaction events are accurately booked and coordinated for each settlement cycle.    

• Ensuring fees, interest, and principal activity is collected, processed, and recorded in our residential whole loan inventory and sub-ledger systems 

• Overseeing the accurate set-up and maintenance of static and transactional data on Bank Systems and databases relating to client and deal, by reviewing discrepancy and reports 

• For unresolved items, providing detailed commentary and explanations for discrepancies including estimated time frames for resolution 

• Reconciling the residential loan level data booked in our residential whole loan inventory system against the firm’s books and records

WHAT WE’RE LOOKING FOR:

• Bachelor’s Degree or equivalent work experience 

• Ability to influence others and work under pressure independently 

• Understand operational risks 

• Knowledge of the front to back process in an environment of investment banking

SKILLS THAT WILL HELP YOU IN THE ROLE:

• Three+ years’ experience with Residential Whole Loans with emphasis in mortgage loan servicing and transaction management

• Experience with residential mortgage loan data attributes & mortgage collateral files

• Advanced proficiency in Microsoft Excel

• Three+ years industry experience

WHERE WILL YOU BE WORKING?

At Barclays, we are proud to be redefining the future of finance and here at Whippany we are defining the future of the workplace and the future of the way we work and live. We are creating a unique community, one of four strategic tech-enabled hubs that will redefine opportunity for everyone who works here. Whatever you do at Whippany, you’ll have every chance to build a world-class career in this world-class environment.

We’re a global, vital and highly respected financial organisation with an inspiring Purpose. Operating in 50 countries and employing around 83,000 people across the world, we help communities, individuals and businesses thrive. And we’ve created financial solutions and technology that the world now takes for granted. A career with us can offer incredible variety, depth and breadth of experience, and the chance to learn from some of the best minds in technology and finance.