Analyst, Warehouse Administration & Finance Operations

$50,000 - $80,000/Yr

SitusAMC - Boise, ID

Full-time - Entry Level

Remote - Boise, ID

Real Estate

About the position

SitusAMC is seeking an Analyst for Warehouse Administration & Finance Operations in Boise, Idaho. This role is pivotal in executing the day-to-day operational activities of the Warehouse Financing business and ensuring that client needs are met efficiently and effectively. The Analyst will be responsible for a variety of tasks that include uploading data tapes, determining loan eligibility, identifying errors, executing fundings, managing margin calls, and providing servicing updates and loan settlements. The position requires a proactive approach to operational support, aligning client needs with technical and operational solutions, and ensuring seamless communication with clients through various channels such as conference calls, Zoom meetings, and emails. In addition to operational tasks, the Analyst will participate in prospective client presentations, manage tasks related to warehouse financing in the ProMerit platform, and collaborate with the marketing team to prepare materials for external distribution. The role demands a high level of organization, as the Analyst will coordinate meetings, take notes during calls, and ensure that client requests are executed in a timely manner. The position also involves liaising with offshore resources to guarantee comprehensive coverage of all client requirements, making it essential for the Analyst to be adaptable and responsive to changing demands. This position is ideal for entry-level professionals who are eager to learn and grow within the real estate industry. The successful candidate will have the opportunity to develop their skills in a dynamic environment while contributing to the success of the Warehouse Financing business.

Responsibilities

• Responsible for day-to-day execution of all client needs, including uploading data tapes, determining loan eligibility, identifying errors, execution of fundings, margin calls, servicing updates, and loan settlements.
• Lead the process of providing direct operational support to external clients and aligning their ongoing business needs with technical and operational solutions.
• Create, participate, and provide feedback in prospective client presentations.
• Manage tasks related to warehouse financing in ProMerit as assigned.
• Oversee professional and timely communication with clients via conference calls, Zoom meetings, and email.
• Coordinate meetings, send out meeting planners, and take notes on calls.
• Execute client requests in a timely manner and meet deadlines.
• Liaise with offshore resources to ensure seamless coverage of all client requirements.
• Collaborate with the marketing team to prepare materials for external distribution.
• Perform other activities as may be assigned by your manager.

Requirements

• Bachelor's degree or equivalent from a four-year college or technical school, or equivalent combination of education and experience.
• Entry-level professional with 0-2 years of industry and/or relevant experience, typically at an Analyst level role or external equivalent.
• Knowledge of the Warehouse Financing Solutions line of business, including use and support of the ProMerit technology platform, warehouse financing operational activities, and client services.
• Proficient knowledge of ProMerit functionality and use cases or ability to learn ProMerit quickly.
• Familiarity with residential and commercial mortgage warehouse facility structure through business term sheet interpretation.
• Knowledge of mortgage-related products, both government agency eligible and non-agency eligible, and funding structures such as commercial paper conduits, participations, and VFNs.
• Proficient skills in MS Excel, PowerPoint, Word, WLS, and ProMerit (preferred).
• Self-motivated with the ability to identify and resolve problems in a timely manner.
• Demonstrates attention to detail and works well in group problem-solving situations.
• Effectively expresses ideas and thoughts verbally and in written form; exhibits good listening and comprehension skills.

Nice-to-haves

• Understanding of ADO, WLS, and SQL coding is a plus.
• Knowledge of the mortgage business and previous work on similar products.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• 401K
• Paid time off (PTO)
• Paid holidays
• Discretionary bonus eligibility based on performance.