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Manager, Capital Markets Servicing in Bengaluru at Ocwen Financial Corporation

Date Posted: 6/13/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Bengaluru
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    6/13/2019
  • Job ID:
    108461

Job Description

Description

POSITION SUMMARY:

The manager position will model, report and validate various trading strategies and portfolio management activities. This will include whole loan sales of performing/non-performing/REO, balance sheet financing activities, and credit exposure of GNMA Mod/EBO portfolios. The manager role will focus on creating enhanced analytics to facilitate the sale of loans through multiple channels, such as securitization or whole loan asset sales. Must be a self-starter, with strong analytical background, excellent organizational skills that complement the ability to work in a fast paced, deadline orientated environment.

This position will also provide significant interaction with management and trading professionals on topics of trading analysis, valuation and portfolio reporting. A very high attention to detail, strong work ethic, and strong mathematical aptitude are required.

JOB FUNCTIONS AND RESPONSIBILITIES:

• Daily support for all GNMA Mod/EBO and whole loan deliverables, including model validation, data analysis and file creation
• Maintain automated and integrated methodologies for data validation, data collection, data analysis and data interpretation
• Ensure profitability of GNMA Mod/EBO portfolio by analyzing servicing activities for accuracy
• Identify and correct process gaps negatively impacting the re-securitization of the GNMA Mod buyout pipeline
• Monitor and update GNMA Mod/EBO buyout pipeline pull through metrics using servicing data
• Manage the process associated with efficiently transacting loans and pools of loans, such as bid tapes, settlements, defect tracking and reconciliations
• Work independently on delegated projects



Qualifications

QUALIFICATION/ REQUIREMENT

• A graduate degree in a quantitative discipline (e.g. economics, math, finance, engineering, etc.) with strong academic performance
• MBA and/or CFA preferred
• Advanced Microsoft Excel, Microsoft Access, Mortgage Modeling
• Proficiency with SQL scripting and Microsoft VBA
• Familiarity with mortgage pricing, valuation, and risk management
• Results-driven, Strong oral and written communication skills
• Ability to understand complex models and concepts
• No documented disciplinary action in the past 12 months
• Should have an Appraisal rating of 'B' or above in the last completed performance cycle
• Should have completed 24 months in the organization and 24 months in the current role

TRAINING / LICENSING REQUIREMENTS (only add if needed)

WORK SCHEDULE OR TRAVEL REQUIREMENTS (Only add if needed)

• Daily support - US Based hours 8am-6pm EST

Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen's mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®

Consider an opportunity to join our global team and put "Caring in Action" while growing your career.

Ocwen is proud to be an equal opportunity workplace and is an affirmative action employer. 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: IN-KA-Bangalore
Work Locations:
Bangalore Pritech 2 (PTECH-2)
Pritech SEZ Park, Block Number 12
5th Floor B Wing and 6th Floor A WingBellandur Village, Sarjapur Marathahalli Ring Road
Bangalore, 560103

Job: Operational Excellence
Organization: India Business Unit
Schedule: Regular
Full-time
Job Posting:

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