Securitized Products Analyst
As a Barclays Securitized Products Analyst, you will be addressing the continued growth and breadth of whole loan financing transaction types that have been established as part of the core business strategy. The Securitized Products team focuses on controlling and safeguarding the firm’s assets while ensuring timely, accurate, and efficient processing, confirmation, settlement of transactions and minimizing risk.
What will you be doing?
You will be coordinating the closing of new deals and overseeing transaction life cycle events
Reviewing deal closing documents and setting facilities on the applicable systems (iRepo, SPCATs, LION, IMPACT)
Overseeing the purchase of mortgage whole loans while ensuring all trade bookings and transaction events are accurately booked and coordinated for each settlement cycle
Overseeing gestation repo agency pool formation while acting as a point person for system enhancements and business development
Ensuring fees, interest, and principal activity is collected, processed, and recorded in our residential whole loan inventory and sub-ledger systems
You will be liaising with Collateral Management group to ensure all client margin calls are calculated and issued correctly
Coordinating daily funding of residential whole loan bookings with money market treasury desk
What we’re looking for:
Bachelor’s degree or equivalent years of services
3+ years of Consumer Finance receivables, collections, servicing, and investor reporting
3+ years’ experience with Residential and Commercial Whole Loans
3+ years industry experience
Skills that will help you in the role:
Knowledge of the front to back process in an environment of investment banking
Understand operational risks as well as prior experience with reconciliations
Proven ability to build, maintain and enhance relationships at all levels including interacting effectively with other key areas within the bank e.g. IT, MO, FO, Ops Control
Excellent communication and interpersonal skills and detail oriented
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.