Responsible for investor reporting, warehouse funding, loan sales, cash management, and providing treasury-related support to other teams along with working on the Company’s term securitization program. The position is located in the Philadelphia metro area. The position is primarily in-office with flexibility on an as needed basis.
The position reports directly to the Treasurer with significant interaction with the Chief Financial Officer.
Key Responsibilities
- Assist in the planning and execution of the term asset-backed securitization program
- Assist in the planning and execution of warehouse lender facilities
- Oversee the day-to-day funding process with warehouse lenders
- Assist in asset/liability management, including interest rate hedging
- Maintain key working relationships with banking partners, rating agencies, external counsel, and investors
- Prepare borrowing base and investor reports, ensuring all reports, remittances, and reconciliations are completed on time and in accordance with policies
- Monitor debt covenants, run compliance tests, and proactively identify required changes resulting from evolving business needs
- Prepare financial analyses for management, investors, rating agencies, and banks
- Manage due diligence efforts with banks, rating agencies, and investors
- Coordinate and run static pool analysis and loss stress models
- Prepare investor decks and meet with current and prospective investors
- Manage lender audits
- Maintain documentation of treasury functions and controls
- Administer the interface with internal and external bank systems and representatives to control user access
- Administer fraud risk parameters, monitor, and report suspected fraud through appropriate channels
- Maintain policies and procedure manuals
- Provide collateral analysis to ensure assets selected meet eligibility criteria
- Manage and update internal gain-on-sale models to determine the economics of the sale
- Prepare due diligence files for investors on proposed sales
- Coordinate settlement dates of the sale with investors and all internal stakeholders to ensure timely closing
- Prepare and execute sale documents accordingly
- Prepare accounting entries and post-closing tasks and reconciliations
- Interface with investors and handle any buybacks as appropriate
- Prepare various financial and regulatory reports (such as 10-Q/K and Call Reports) utilizing the financial system
- Asset demographics
- Portfolio performance
- Prepare various ad hoc or ongoing financial analyses
- Assist in gathering information and interfacing with auditors as needed
Education and Credentials
- Bachelor’s degree in accounting or finance, or strong accounting, reconciliation, and control experience
- CFA Charterholder or candidate is a very strong plus
- CTP (Certified Treasury Professional) or candidate is a plus
Experience
- 5+ years of relevant experience in analyzing and structuring securitization facilities and working with cash management
- Financial services industry experience highly preferred
Technical and Functional Skills
- Strong analytical skills
- Deep knowledge of securitization financing structures
- Advanced skills in spreadsheet software, including pivot tables and financial functions
- Advanced skills in presentation software
- Proficient in office productivity software (email, collaboration tools, word processing)
- Working knowledge of treasury and financial systems
J
Joseph Michaels International