Senior Analyst II, Treasury in Mount Laurel Township, NJ at PHH Mortgage Corporation

Date Posted: 7/11/2019

Job Snapshot

Job Description

Description

Position Summary:

Oversee Treasury Analysts whose responsibilities it is to fund, repurchase and reconcile warehouse balances with lenders while ensuring compliance with warehouse agreements. Managing IT/OR builds for new and existing warehouses – Decision Engines, IT builds and QRM - including but not limited to Business Requirements, testing, coordinating with other impacted departments to ensure successful rollout.

Job Functions and Responsibilities:

 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Examples below:

  • Train Balance Sheet Team Players to learn warehouse systems and monitor compliance with warehouse agreements.
  • Train Team Players reconciliation processes with warehouse lenders (principal, interest and fees).
  • Research and analyze atypical use of PHH equity and report to management.
  • Ensure that every loan held on the balance sheet is funded into a warehouse.
  • Maintain compliance with each warehouse agreement and communicate daily with external lenders. The loans funded into warehouses are booked to the general ledger and audits are performed regularly with internal and external auditors.
  • Hands on supervision, problem solving, periodic auditing of reporting and results.
  • Daily contact with external lenders and internal team players for those responsibilities where there is departmental cross-over such as Capital Markets, Secondary Ops, Loan Funding, Cash Management, Financial Planning and Analysis, IT and Servicing.


Qualifications

Qualifications:

 

To perform this job successfully, an individual must have the following education and experience:

  • Bachelor’s degree in Accounting or Finance is required
  • 5 years of experience working on a team is required
  • Treasury experience preferred
  • Experience with interest rate swaps a plus

 

Training / Licensing Requirements:

  • Must pass the Company’s Background Screening process prior to beginning employment.  Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.

 

Company Summary:

 

Headquartered in Mount Laurel, New Jersey, PHH has been providing mortgage lending and servicing solutions since 1984 and is dedicated to responsible and ethical practices while delivering an exceptional customer experience. We strictly focus on subservicing and portfolio retention allowing our diverse professional clients – representing some of the largest and most recognizable financial and wealth management institutions, investors of MSRs, regional and community banks, and credit unions – to concentrate on their core businesses, while providing borrowers with exceptional customer service throughout the life of their loans.

Adhering to the highest levels of risk and compliance, built to bank-like standards, we build relationships with our clients and their customers to promote a philosophy of retaining “customers for life.” We strive to be a natural extension of each client’s team, helping them to keep their expenses down, borrowers satisfied and service levels up while meeting today’s regulatory demands and changing market conditions.

 

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.



Primary Location
US-NJ-Mount Laurel

Job
Accounting and Finance