Treasury Analyst

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

POSITION SUMMARY

Responsible for reconciling the company's hedge positions. Assist Treasury with obtaining financing on buyout loans and cash reconciliation.

Essential Functions, Duties, and Responsibilities

• Reconcile daily cash movements related to the company's hedge positions.
• Perform daily valuations of hedge trades and calculate daily expected margin movement.
• Coordinate with our hedge partners to send or receive collateral.
• Prepare daily reporting for senior management and Accounting.
• Track netting effectiveness in aggregate and at the counterparty level.
• Assist in the financing of repurchase and buyout loans.
• Update and manage database tracking loans funded.
• Coordinate with Servicing, Mortgage Acquisitions, and Warehouse to fund loan populations.
• Communicate with Accounting and Servicing teams on cash movements.
• Talk with external counterparties on fundings and cash movement.
• Support Treasury Manager with the daily liquidity management and forecasting.
• Perform daily reconciliation of actual cash activity against forecasted activity.
• Reconcile daily cash variances with the various business segments to explain drivers.
• Assist with updating and monitoring the daily cash position and forecast.
• Ensure compliance with and assist in the development of policies and procedures.
• Perform ad-hoc requests as needed.
• Ability to effectively and accurately convey information to others.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• Bachelor's degree in finance, Business Administration or other related course of study or equivalent work experience.

• 2-4 years of Operational role in any of the following groups – Originations, Accounting, Treasury or Capital Markets (or related) experience.

Skills, Abilities, and Knowledge

• Proficient with Microsoft Office software (Excel, Word).
• Excellent verbal and written communication skills, with ability to effectively interact with employees at all levels within organization as well as external contacts.
• Superior documentation skills.
• Ability to manage multiple tasks and shift priorities as appropriate, while maintaining attention to detail, in a fast-paced, dynamic work environment.
• Problem-solving ability and strong analytical skills.
• Attention to detail and deadline oriented is a must.
• Effectively communicate across functional working departments.

Work Environment and Physical Requirements

• Working on-site at assigned office location.
• Regular and punctual attendance adhering to schedule established by leadership.
• Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.
• Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.
• Sedentary work in a stationary position at a cubicle for prolonged periods of time.
• Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
• Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.

Additional Information:

While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them

• Medical, dental, and vision insurance
• Health Savings