CRE Middle Office VP
Nomura
- Location
- New York, NY, US, 10019
- Work model
- On-Site
- Level
- Staff
- Salary
- $150k/yr
About this role
Job Title: CRE Middle Office Vice President Corporate Title : Vice President Department: Operations Location: New York, NY The pay range for this position at commencement of employment is expected to be between $150K and $170K/ year * (see below footnote for additional compensation and benefits information). Company overview Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking. Driven by the insights of some 28,000 people worldwide, we put our clients at the center of everything we do, delivering unparalleled access to, from and within Asia. For further information about Nomura, visit www.nomura.com Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors Department Overview: Nomura's Warehouse Lending Middle Office Operations team are responsible for supporting the Warehouse and/or Whole Loan Trading. Role Description: The Vice President will support the CRE (Commercial Real Estate) mortgage warehouse financing as well as residential mortgage whole loan trade support.
Product exposure to include RTL, NQM, MSR, NPL/RPL, SBC, SFR. Warehouse Lending responsibilities to include daily trade flow management, booking and cash/wire movements. Monthly remittance reconciliation, cash settlement and ledger posting, daily break management. Whole Loan responsibilities to include daily trade flow management, cash/wire movements, break management. Monthly remittance reconciliation, ledger postings, desk interactions for loan repurchases, loan sale coordination.
Skills, experience, qualifications and knowledge required: Warehouse Lending
4+ years of experience supporting Mortgage Lending business – Warehouse facilities Familiarity with governing legal docs for Secured Lending facilities CRE specific exposure is a plus, as this hire is a team add for the CRE product System experience – Pro Merit, Loan IQ, Alteryx Reconciliation skills, ability to multi-task and perform at a high level of efficiency with tight deadlines Good written and verbal communication to facilitate interaction with trading, banking, legal and risk colleagues. Bachelor’s degree in accounting or finance or related field Expectation of 10-12 hour working days
Whole Loans
4+ years of experience supporting Whole Loan Mortgage Trading business Familiarity with client specific as well as trade specific documentation Exposure to various mortgage products including RTL, SBC, NQM, NPL/RPL System experience – Centricity, Alteryx Experience interacting with Mortgage Servicers Candidate must be detail oriented and thorough specifically as it relates to ensuring all payments due on inventory are received monthly. Strong reconciliation skills vital to the monthly remittance process. Good written and verbal communication skill to ensure efficient flow of information to front office and to facilitate effective interactions with various servicers, client, legal and risk teams. Expectation of 10-12 hour working days
Nomura Leadership Behaviours
Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future. Making Strategic Decisions : Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations. Inspire Entrepreneurship in People : Inspire team members through effective communication of ideas and motivate them to actively enhance productivity. Elevate Organizational Capability : Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing. Inclusion : Foster a culture of inclusion and psychological