Secondary Marketing Servicing Analyst

City National Bank • Los Angeles, CA • 3h ago

SECONDARY MARKETING SERVICING ANALYST

WHAT IS THE OPPORTUNITY?

Responsible for servicing/sub-servicing oversight, servicing transfers, investor reporting, GL reconciliations, LSBO oversight (delinquency and payment remittance). Team player with ability to take direction from all levels of Bank management, as well as drive key initiatives and department strategy independently; to assist in tracking our internal/external KPIs/KRIs as set forth by the business/company.

WHAT WILL YOU DO?

Monthly/Quarterly sub-servicer oversight (MERS/Escrow/Remittance Reporting)

Primary contact for servicing transfers to new purchaser/servicer, includes investor remittance reporting.

Monthly GL reconciliations and resolution of reconciling items.

LSBO Remittance reconciliation and payment posting.

Involved in working with 2nd LOD partners for any all-communication needs, reporting, and strategy metrics.

Paid in full collateral requests

Back-up individuals within the LOB to perform necessary job functions and create procedures for variety of team members and Bank partners

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications

Bachelor's Degree or equivalent

5-10 years broad based residential mortgage origination, servicing, operations and underwriting competencies. Including but not limited to capital markets experience with investors/counterparties and business partners.

Capital Markets, Secondary Marketing, Origination, Servicing, Product Guidelines and knowledge of secondary marketing investors/liquidity measures in a Loans Held for Sale/Investment multi best execution platform.

Additional Qualifications

Residential Mortgage within an OCC/FDIC/Federal Reserve/CFPB US Bank.

Investor Delivery/Fulfillment

Contract Finance

LSBO Investor Reporting

Secondary Marketing/Capital Markets

WHAT'S IN IT FOR YOU?

CompensationStarting base salary: $0 - $0 per hour. Exact compensation may vary based on skills, experience, and location.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date

Generous 401(k) company matching contribution

Career Development through Tuition Reimbursement and other internal upskilling and training resources

Valued Time Away benefits including vacation, sick and volunteer time

Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs

Career Mobility support from a dedicated recruitment team

Colleague Resource Groups to support networking and community engagement

Get a more detailed look at our https://careers.cnb.com/benefits.

ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at https://www.cnb.com/about-us.html.

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