Junior Financial Analyst
We are seeking highly skilled Banking Project Consultants to join our team for a critical engagement with one of the world's largest banks.
The project involves conducting analysis and stress testing of banking actions, particularly in the mortgage and lending space.
The goal is to ensure compliance with mortgage servicing regulations, protect borrowers from financial harm, and contribute to the development of computer models to enhance banking practices.
Why is this a great opportunity for entry-level graduates? It offers a phenomenal chance to work with a top international management consulting firm and gain valuable experience that will enhance your resume and open doors to future career opportunities.
Responsibilities:
Research and gain an in-depth understanding of relevant mortgage servicing regulations.
Review and analyze mortgage loan files, including correspondence and affidavits, to extract relevant information.
Perform audit test procedures to assess the bank's compliance with mortgage servicing laws.
Recalculate debt amounts claimed by banks to ensure accuracy and compliance.
Document analysis, test results, conclusions, and any requests for additional information.
Identify and report unfair and unlawful banking practices to safeguard borrowers' interests.
Conduct statistical analysis on samples and interpret results to provide valuable insights.
Contribute to the development of computer models, including detailed and potentially complex spreadsheet and database analysis.
Conduct data gathering activities, including document review and quality control of data acquisition.
Perform research across a wide range of sources and topics.
Summarize, analyze, and prepare analysis reports and findings in a clear and concise manner.
Review loan file information and document answers to testing questions.
Preferred
Experience:
Strong understanding of interest rates (fixed/variable) and mortgage-related concepts.
Familiarity with short sales and foreclosures.
Ability to analyze data sets, interpret information, and present results in a digestible format.
Knowledge of mortgage operations and related industry practices.
Qualifications:
Bachelors degree in finance, Economics, Business, or related field.
Advanced degrees preferred.
Proven experience in banking, mortgage, lending, or related fields.
Strong analytical and problem-solving skills.
Excellent communication and presentation abilities.
Proficiency in statistical analysis tools and spreadsheet/database software.
Detail-oriented and capable of handling large datasets.
Ability to work independently and as part of a team in a fast-paced environment.
Note:
This is a project-based consultant position, with the potential for extension or consideration for other projects or full-time roles based on performance and client needs.
How to Apply:
If you are ready to take on this challenging and rewarding opportunity, please submit your updated resume and a cover letter detailing your relevant experience and interest in the role.
Background Check Requirements:
The selected candidate will undergo the following background checks:
Criminal offense checks (national/state/local for the last 7 years).
Sex offender registry check.
Motor vehicle offense checks (for the last 7 years).
Employment verification (three most recent within the last 7 years).
Educational verification (highest degree obtained).
Professional license and certification verification (if candidate indicates accreditation).
SSN/Address trace.
Global Sanctions checks (terrorism, money laundering, regulatory breaches, etc.
).
Recommended Skills Analytical Attention To Detail Auditing Communication Data Analysis Data Collection Estimated Salary: $20 to $28 per hour based on qualifications.
The project involves conducting analysis and stress testing of banking actions, particularly in the mortgage and lending space.
The goal is to ensure compliance with mortgage servicing regulations, protect borrowers from financial harm, and contribute to the development of computer models to enhance banking practices.
Why is this a great opportunity for entry-level graduates? It offers a phenomenal chance to work with a top international management consulting firm and gain valuable experience that will enhance your resume and open doors to future career opportunities.
Responsibilities:
Research and gain an in-depth understanding of relevant mortgage servicing regulations.
Review and analyze mortgage loan files, including correspondence and affidavits, to extract relevant information.
Perform audit test procedures to assess the bank's compliance with mortgage servicing laws.
Recalculate debt amounts claimed by banks to ensure accuracy and compliance.
Document analysis, test results, conclusions, and any requests for additional information.
Identify and report unfair and unlawful banking practices to safeguard borrowers' interests.
Conduct statistical analysis on samples and interpret results to provide valuable insights.
Contribute to the development of computer models, including detailed and potentially complex spreadsheet and database analysis.
Conduct data gathering activities, including document review and quality control of data acquisition.
Perform research across a wide range of sources and topics.
Summarize, analyze, and prepare analysis reports and findings in a clear and concise manner.
Review loan file information and document answers to testing questions.
Preferred
Experience:
Strong understanding of interest rates (fixed/variable) and mortgage-related concepts.
Familiarity with short sales and foreclosures.
Ability to analyze data sets, interpret information, and present results in a digestible format.
Knowledge of mortgage operations and related industry practices.
Qualifications:
Bachelors degree in finance, Economics, Business, or related field.
Advanced degrees preferred.
Proven experience in banking, mortgage, lending, or related fields.
Strong analytical and problem-solving skills.
Excellent communication and presentation abilities.
Proficiency in statistical analysis tools and spreadsheet/database software.
Detail-oriented and capable of handling large datasets.
Ability to work independently and as part of a team in a fast-paced environment.
Note:
This is a project-based consultant position, with the potential for extension or consideration for other projects or full-time roles based on performance and client needs.
How to Apply:
If you are ready to take on this challenging and rewarding opportunity, please submit your updated resume and a cover letter detailing your relevant experience and interest in the role.
Background Check Requirements:
The selected candidate will undergo the following background checks:
Criminal offense checks (national/state/local for the last 7 years).
Sex offender registry check.
Motor vehicle offense checks (for the last 7 years).
Employment verification (three most recent within the last 7 years).
Educational verification (highest degree obtained).
Professional license and certification verification (if candidate indicates accreditation).
SSN/Address trace.
Global Sanctions checks (terrorism, money laundering, regulatory breaches, etc.
).
Recommended Skills Analytical Attention To Detail Auditing Communication Data Analysis Data Collection Estimated Salary: $20 to $28 per hour based on qualifications.
|
|
 | |
