Secondary Marketing Servicing Analyst

SECONDARY MARKETING SERVICING ANALYST

WHAT IS THE OPPORTUNITY?

Responsible for servicing/sub-servicing oversight, servicing transfers, investor reporting, GL reconciliations, LSBO oversight (delinquency and payment remittance). Team player with ability to take direction from all levels of Bank management, as well as drive key initiatives and department strategy independently; to assist in tracking our internal/external KPIs/KRIs as set forth by the business/company.

WHAT WILL YOU DO?

• Monthly/Quarterly sub-servicer oversight (MERS/Escrow/Remittance Reporting)

• Primary contact for servicing transfers to new purchaser/servicer, includes investor remittance reporting.

• Monthly GL reconciliations and resolution of reconciling items.

• LSBO Remittance reconciliation and payment posting.

• Involved in working with 2nd LOD partners for any all-communication needs, reporting, and strategy metrics.

• Paid in full collateral requests

• Back-up individuals within the LOB to perform necessary job functions and create procedures for variety of team members and Bank partners

WHAT DO YOU NEED TO SUCCEED?

Required Qualifications *

• Bachelor's Degree or equivalent

• 5-10 years broad based residential mortgage origination, servicing, operations and underwriting competencies. Including but not limited to capital markets experience with investors/counterparties and business partners.

• Capital Markets, Secondary Marketing, Origination, Servicing, Product Guidelines and knowledge of secondary marketing investors/liquidity measures in a Loans Held for Sale/Investment multi best execution platform.

Additional Qualifications

• Residential Mortgage within an OCC/FDIC/Federal Reserve/CFPB US Bank.

• Investor Delivery/Fulfillment

• Contract Finance

• LSBO Investor Reporting

• Secondary Marketing/Capital Markets

WHAT'S IN IT FOR YOU?

Compensation Starting base salary: $87,027 - $138,965 per year. Exact compensation may vary based on skills, experience, and location.

Benefits and Perks

At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues including:

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans, available the first of the month following start date

• Generous 401(k) company matching contribution

• Career Development through Tuition Reimbursement and other internal upskilling and training resources

• Valued Time Away benefits including vacation, sick and volunteer time

• Specialized health and family planning benefits including fertility benefits, and cancer, diabetes and musculoskeletal support programs

• Career Mobility support from a dedicated recruitment team

• Colleague Resource Groups to support networking and community engagement

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ABOUT US

Since day one we've always gone further than the competition to help our clients, colleagues and communities flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies. To learn more about City National and our dynamic company culture, visit us at

INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT

City National Bank fosters an inclusive environment where all forms of diversity are valued and leveraged to make us a better company and employer. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, disability, veteran status or other basis protected by law.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

*Represents basic qualifications for the position. To be considered for this position, you must at least meet the required qualifications. careers.cnb.com accepts applications on an ongoing basis, until filled.

Unless otherwise indicated as fully remote, reporting into a designated City National location is an essential function of the job.