Analyst, Warehouse Administration & Finance Operations

$50,000 - $80,000/Yr

SitusAMC - Providence, RI

Full-time - Entry Level

Remote - Providence, RI

Real Estate

About the position

SitusAMC is a dynamic company where passionate individuals come together to transform both our clients' businesses and their own careers. We are committed to fostering an environment where everyone can thrive, whether you are a seasoned real estate professional, a technology enthusiast, or just starting your career. Our mission is to create opportunities for all, and we take pride in serving our clients with dedication and excellence. In this role as an Analyst in Warehouse Administration & Finance Operations, you will be responsible for the day-to-day operational activities of the Warehouse Financing business and its clients. This includes executing all client needs, such as uploading data tapes, determining loan eligibility, identifying errors, executing fundings, managing margin calls, servicing updates, and loan settlements. You will lead the process of providing direct operational support to external clients, ensuring their ongoing business needs are met with effective technical and operational solutions. Your responsibilities will also include creating and participating in prospective client presentations, managing tasks related to warehouse financing in ProMerit, and overseeing professional communication with clients through various channels. You will coordinate meetings, take notes during calls, and ensure timely execution of client requests. Additionally, you will liaise with offshore resources to guarantee seamless coverage of all client requirements and collaborate with the marketing team to prepare materials for external distribution. Other activities may be assigned by your manager as needed.

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, zooms, 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.
• 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.
• Balances team and individual responsibilities; contributes to building a positive team spirit.
• Adapts to changes in the work environment; manages competing demands and unexpected events.
• Exhibits confidence in self and others; displays willingness to make decisions and inspire others.

Nice-to-haves

• Understanding of ADO, WLS, and SQL coding is a plus.
• Ability to work in a highly regulated industry with adherence to internal and external compliance requirements related to AML, funds transfer policies, client confidentiality, and data security.

Benefits

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