Trade Settlement Assistant Coordinator EverBank Financial
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Assist with the coordination of the settlement of Mortgage Back Securities (MBS), investment security and other derivative transactions ensuring they are settled accurately and on time without incurring losses to the company. Assist in the processing and validation of all trading and settlement related activities and instruments for Secondary Marketing, Treasury and Portfolio Management.
? Assist with processing the allocation and settlement of Class A, B, C, D and Stip MBS settlements. Process transactions for settlement in the Fixed Income Clearing Corp (FICC) system and the Quantum trading system. Assist with security delivery and settlement with 3rd party custodian. Monitor security settlement and at manager?s direction, notify Treasury of receipt of proceeds on settlement date.
? Process the allocation and settlement of Class B and any Stip settlements after manager?s review.
? Assist with the MBS dealer notifications on settlements in accordance with the Securities Industry and Financial Markets Association (SIFMA) guidelines via the FICC Easy Pool Application (EPN).
? Complete Notice of Settlements (NOS) on all MBS funded pools (MBS securities) through Real Time Trade Management (RTTM).
? Assist with the process and settlement of all investment security transactions traded by Portfolio Management via the Federal Home Loan Bank (FHLB) security delivery system or via the FED. Assist manager with transaction updates for settlements originally settled at assumed factors and update for final factors.
? Process the movement of securities already owned that are collateralizing borrowings via the FHLB system or the FED as directed by the Treasury Cash Manager.
? With manager?s assistance, verify and conf all new Swap transactions and Swap Unwind transactions. Assist with processing any wires and Cash flows resulting from the transactions with the trading counterparties. Process Rate Fixings on all active Swaps in Quantum.
? Provide back-up support for Collateral calls for Swaps, MBS TBA and FX open positions with trading counterparties and process outgoing wires and communicate incoming wires to appropriate departments. Process Cash Flows in Quantum related to collateral cash movement.
? Assist with reconciliations of other systems that feed our trading system including the AVM Swap report to the Quantum Daily Position Report.
? Help perform the monthly trade comparison between Quantum, the FICC and QRM to ensure trades are properly reported in all systems for month end reporting and valuation.
? Prepare journal entries for any Investor rejection fees, Channel Subsidy charges or Float-down fees as provided by Secondary Marketing for review by Manager or department Manager.
? Provide input to update relevant procedures as needed.
? Support other processes as necessary in the department.
Minimum Qualifications (Knowledge, Skills and Abilities Requirements)
? The ability to assist with the settlement flow of a high volume of diverse transactions simultaneously
? Familiarity with MBS security delivery and settlement with 3rd parties, investment security delivery and settlement and Swap transaction confirmation, processing and settlement
? Understanding of Agency (FNMA, GNMA, FHLMC) mortgage documentation requirements
? Ability to build rapport and effective working relationships with others both within and external to the organization
? Knowledge of general ledger financial procedures
? Knowledge of Microsoft Office Products
? The ability to multi-task and meet deadlines dictated by internal and external parties and organizations.
? Strong communication, negotiation, and follow-up skills
Training and Experience
? Knowledge of or exposure to the processing and settlement of MBS transactions, Investment Securities and Swaps in a fast paced environment
? Bachelor?s degree in a business related field and one to three years settlement experience or five years related banking experience (with proven ability) may be substituted for all or part of the settlement experience
? Familiarity with Oracle general ledger software and journal entry processing is preferred
? Familiarity with security processing for collateral management
? Familiarity with QRM and other 3rd party trading systems used to perform activities
Pre-Employment Screening Includes:
? Assessment Screening
? Credit Check
? Criminal Background Check
? Drug Screen ? after offer of employment is extended and before start date
? Past Employment Verification
? Social Security Verification
Note: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities, and skills required of personnel so classified, and they may change at any time.
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EverBank is an equal opportunity employer. No employee or applicant for employment will be discriminated against because of race, color, religion, national origin, physical or mental disability, age, gender, sexual orientation, genetic information, veteran?s status, or status as a disabled veteran or veteran of the Vietnam era.
EverBank is not seeking assistance or accepting unsolicited resumes from search firms for employment or contractor opportunities. Regardless of past practice, all resumes submitted by search firms to any employee at EverBank via e-mail, the Internet, or directly to hiring managers at EverBank in any form without valid written search agreement executed by the VP, Talent Acquisition for that specific position will be deemed the sole property of EverBank, and no fee will be paid in the event the candidate is hired by EverBank as a result of the referral or through other means.
||8100 Nations Way |
Jacksonville, FL 32256
THIS JOB HAS EXPIRED