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REMIC Modeler
WASHINGTON DC 20001
Category: Other
  • Your pay will be discussed at your interview

Job code: lhw-e0-90561657

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The Oakleaf Group, LLC

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Summary

  Job posted:   Tue Jun 5, 2018
  Distance to work:   ? miles
       
  1 Views, 0 Applications  
 
REMIC Modeler
+ Analyze complex, negotiated structured securities; assess the impact of these securities on existing processes and systems.


+ Working as part of a team, compute principal and interest payments on structured securities through use of a proprietary CMO payment model.


+ Collaborate with main client (Structured Transactions) to stay informed of upcoming structured deals and market trends. Anticipate system needs or procedural changes due to latest market trends.


+ Perform first-level review of REMIC and SMBS deal files, prospectus supplements, and other trust-related documents to ensure operational soundness and payment accuracy.


+ Transmit security payment instructions and send payment wires to our paying agents (Fed, DTC, and US Bank).


+ Provide assistance on system implementations: write scope statements and requirements for specific system enhancements; perform user acceptance testing.


+ Perform day-to-day production activities through shared production functions; team members rotate functions every 2 months.


+ Work closely with third-party validation team to reconcile all security payments.


+ Work directly with investors and data vendors to answer security-related inquiries.


+ Construct SQL queries and ad hoc reports as needed.








+ B.S or B.A in Finance, Accounting, Economics, or related field required.


+ A working knowledge of Fannie Mae's MBS and/or Structured Transactions programs is highly desirable. (Similar work experience with private or agency MBS, CMO, or asset-backed group can be considered equivalent).


+ Minimum of two to four years of professional responsibilities in finance, accounting, mortgage securities trading, or related fields is required. Excellent leadership, communication, analytic, and problem-solving skills required. Must have the ability to implement controls around an often-changing production environment.


+ Project Management skills desired; knowledge of the Software Development Life Cycle (SDLC), or Agile project development cycle preferred.


+ Knowledge of computer applications is required with the ability to use a wide variety of databases, analytics, and project management applications. Direct work experience in UNIX, Sybase, Java, SQL, Quality Center, Excel, and Access is preferred.


+ Knowledge of Intex or other structured finance applications desired.





Job ID: 2018-1527

External Company Name: The Oakleaf Group

External Company URL: www.theoakleafgroup.com

Street: 3900 Wisconsin Ave., NW

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