Sr. Financial Analyst - P&L for Origination and Lending
|Reference # :||17-04251||Title :||Sr. Financial Analyst - P&L for Origination and Lending|
|Location :||New York, NY|
|Position Type :||Direct Placement|
|Experience Level :||Start Date :||05/03/2017|
Senior Financial Analyst - P&L for Origination and Lending
Be a part of creating the right solutions. Eclaro is looking for a Senior Financial Analyst - P&L for Origination and Lending for our client in New York, NY.
Eclaro’s client is one of the world's largest financial institutions, committed to providing the tools and services that bridge the gap between customers and their goals. If you’re up to the challenge, then take a chance at this rewarding opportunity!
We are seeking a Senior Financial Analyst in the Finance Business Support role with a specialty in Capital Markets.
Daily P&L and Balance Sheet – The Business Finance Controller (BFC) role supports various Origination and Lending desks. The role allows the associate to engage in various financial reporting and product control activities. Key responsibilities are:
o Measurement of deal profitability
o Regulatory reporting
o Management reporting
o Contributing towards making efficiency improvements to support infrastructure and control framework
The Origination and Lending (O&L) Finance Team in New York supports Global Mortgages and Securitized Products LOB within Global Markets division. This business serves institutional investors and corporate clients by offering a wide variety of Securitized Lending products such as:
o Commercial Mortgage Back Securities (CMBS) and Commercial Real Estate (CRE) loans
o Asset Backed Securities (ABS) Lending – Lending to corporate clients backed by ABS receivables collateral such as Auto Loans/ Lease, credit cards, student loans etc.
o Mortgage Lending – Providing Residential Mortgage Bankers/ Originators access to warehouse lending facilities
o Secured Lending – Providing hedge funds and like access to lending backed by CRE and CMBS collateral
DUTIES AND RESPONSIBILITIES:
o Perform review of official daily P&L explain, review of P&L commentary and substantiation to market events
o Perform review of changes to daily balance sheet and substantiation to transactional activity
o Perform analysis and review of Risk Weighted Assets (Basel III)
o Handle production of monthly and quarterly financial reports that measure business profitability and associated metrics
o Perform balance sheet analysis (capital, liquidity, exposures, etc.) including forecasting and its reporting
o Handle month-end close, including Financial Disclosures and calculation and recording of journal entries
o Assist senior finance manager on New Product Review and Appropriation Request processes: modeling pro-forma and process scenarios, review, and control
o Assist senior finance manager on ad hoc projects related to Process improvements, Workflow simplification, strengthening operational controls, Compliance etc.
o Contribute to Governance process, operational error reporting, and support of other internal control process, including SOX
EXPERIENCE AND SKILLS REQUIRED:
Equal Opportunity Employer: Eclaro values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status