Secondary Marketing Operations Specialist

$78,970 - $126,140/Yr

Royal Bank of Canada - Miami, FL

Full-time - Mid Level

Miami, FL

5,001-10,000 employees

Credit Intermediation and Related Activities

About the position

The Secondary Marketing Operations Specialist at City National Bank is responsible for managing daily collateral operations, reporting, margining, and balance sheet reconciliations within the Secondary Marketing framework. This role requires collaboration with various stakeholders, including traders and risk managers, to ensure alignment with policies and procedures while driving key initiatives and tracking performance metrics.

Responsibilities

• Daily margining, collateral management, and position reconciliations.
• Work closely with traders and risk managers to centralize pricing, trading, and hedging assumptions.
• Communicate and align investor reporting and fulfillment requirements as directed by the Secondary Marketing Manager and/or Traders.
• Handle ad hoc reporting requests within the Secondary Marketing channel.
• Collaborate with 2nd LOD partners for communication needs, reporting, and strategy metrics.
• Establish and track financial metrics within the LOB, communicating with key partners in the Bank.
• Review collateral performance for sales and purchases of residential mortgage loans.
• Provide backup for team members and create procedures for various job functions.

Requirements

• Bachelor's Degree or equivalent.
• 5-10 years of experience in residential mortgage origination, servicing, operations, and underwriting, including capital markets experience.

Nice-to-haves

• Knowledge of capital markets, secondary marketing, and product guidelines.
• Experience with investor delivery and fulfillment processes.
• Familiarity with transaction management in secondary marketing.

Benefits

• Competitive salary ranging from $78,970.00 to $126,140.00 annually.
• Comprehensive benefits package including health insurance, retirement plans, and paid time off.