Immediate need for a talented Finance Business Analyst / Vice President/Director, Credit Analyst - Mortgage Sector Specialist Institutional Credit Analyst Team (ICAT). This is a 12+months contract opportunity with long-term potential and is located in New York City, NY (Hybrid). Please review the job description below and contact me ASAP if you are interested.
Job ID:26-20929
Pay Range: $71 - $71.85/hour. Employee benefits include, but are not limited to, health insurance (medical, dental, vision), 401(k) plan, and paid sick leave (depending on work location).
Key Responsibilities:
- Lead end-to-end credit underwriting for agency-mortgage originators, servicers and specialty-finance firms and identify potential risks
- Reduce the existing onboarding backlog and establish a repeatable, high quality workflow for new mortgage-sector clients
- Serve as technical subject-matter expert on agency residential and commercial MBS, TBA, CMO and DUS products for the Institutional Credit Analyst Team, Sales and Trading teams
- Produce concise white-papers, risk-intel briefs and onboarding guides that become permanent knowledge assets for the wider Risk and ICAT organization
- Develop and maintain a comprehensive understanding of the mortgage sector, including market trends, regulatory developments, and industry best practices.
- Prepare high-quality credit proposals, including recommendations on credit ratings, limits, and risk strategies, to support credit decisions.
- Collaborate with internal stakeholders, including coverage bankers, business lines, and risk teams, to provide credit expertise and support.
- Stay up-to-date with industry developments, regulatory changes, and market trends, and apply this knowledge to credit analysis and decision-making.
- Participate in credit committees, due diligence meetings, and other forums to provide credit expertise and support.
- Duration:12-month fixed-term consulting contract, with potential conversion to a permanent role, based on performance and business needs.
- A competitive salary and benefits package.
- Opportunities for professional development and growth within a global financial institution.
- A collaborative and dynamic work environment that fosters diversity, inclusion, and equal employment opportunity.
Key Requirements and Technology Experience:
- Minimum 6 years of experience in credit analysis, with a focus on the mortgage sector, including mortgage originators, servicers, and specialty finance companies.
- In-depth knowledge of the mortgage industry, including market trends, regulatory developments, and industry best practices.
- Strong analytical and problem-solving skills, with the ability to analyze complex financial data and identify potential risks.
- Excellent communication and interpersonal skills, with the ability to effectively collaborate with internal stakeholders and communicate credit recommendations to senior management.
- Strong understanding of credit risk management principles and practices, including credit rating models, risk assessment methodologies, and credit portfolio management techniques.
- Experience with Agency Mortgage-Backed Securities (MBS) and Commercial Mortgage-Backed Securities (CMBS) markets.
- Knowledge of mortgage-related products, such as Delegated Underwriting and Servicing (DUS) bonds.
- Familiarity with regulatory requirements and industry standards, such as those related to credit risk management and mortgage lending.
Our client is a leading Banking and Financial Industry, and we are currently interviewing to fill this and other similar contract positions. If you are interested in this position, please apply online for immediate consideration.
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