JPMorgan Chase Trade Support Analyst-Brooklyn in Brooklyn, New York
Candidate shall have an overall knowledge of the mortgage industry. Candidate will be responsible for assisting and processing the daily activities of purchases, sales and repurchases of the Whole Loans Trading Business. Candidate should be able to deal with large amounts of data. Understanding of mortgage loan products, their respective parameters and loan modifications will be needed to perform certain functions. Candidate must possess strong analytical and technical skills and be able to prepare, analyze and resolve system and loan breaks with limited or no supervision.
Essential Job Functions
Processes purchases/sales/repurchases in SBO2000
Support the trade desk for loan data analysis and scrubbing for bid data tapes
Support the operations team in analyzing loans for original parameters or modified terms and update systems accordingly
Support transaction management by verifying accuracy of funding memos with trade counterparts and coordinate the completion of post settlement activities including cash differences and servicer transfers
Identify, research, report and resolve loan breaks in daily/weekly/monthly intervals.
Improve, enhance or design new break reports as necessary to control business or regulatory risk.
Prepare and analyze complex management reporting data and/or related queries
Perform multiple functions/queries on the proprietary or off-the-shelf systems
Analyze and define efficient, cost effective solutions that support user business processes and functional requirements on projects
Write clear and complete detailed business requirement specifications
Liaison for IT and SBO related projects for upgrades/enhancements or bug fixes
Develop and conduct User Acceptance Test plans as needed
Demonstrate professional behavior and teamwork, is punctual, dependable and adheres to company policies and procedures
Accept other duties as assigned
- Degreed professional (Accounting, Finance/Information Technology) required
1-2 years related experience
Individuals with experience in using SBO2000 will be preferred
Previous general ledger and financial systems experience preferred
Skills & Knowledge
Posses a high level of analytical and financial systems skills
Mortgage industry experience preferred
Advanced proficiency with Excel required
Intermediate MS Access required
Strong math aptitude
Basic SQL knowledge is a plus
JPMorgan Chase is an equal opportunity and affirmative action employer Disability/Veteran.