CRE Middle Office VP

Nomura; New York (NY); On-site; USD 150,000 - 170,000; Full time

Benefits offered by this job

401(k) eligibility

Paid time off

Job summary

Nomura in New York seeks a Vice President to support CRE mortgage warehouse financing and residential whole loan trading. You will manage daily trade flow, cash/wire movements, reconciliations, and ledger postings with a focus on accuracy and timeliness.

The role requires 4+ years in mortgage lending or whole loan trading, familiarity with Pro Merit, Loan IQ, Alteryx, and Centricity, plus a 10–12 hour workday.

Qualifications

• 4+ years of experience supporting Mortgage Lending business – Warehouse facilities
• Familiarity with governing legal docs for Secured Lending facilities
• CRE specific exposure is a plus
• System experience – Pro Merit, Loan IQ, Alteryx
• Reconciliation skills, ability to multi-task and perform at a high level of efficiency with tight deadlines
• Good written and verbal communication to facilitate interaction with trading, banking, legal and risk colleagues.
• Bachelor’s degree in accounting or finance or related field
• Expectation of 10-12 hour working days

Responsibilities

• The Vice President will support the CRE mortgage warehouse financing as well as residential mortgage whole loan trade support.
• Warehouse Lending responsibilities include daily trade flow management, booking and cash/wire movements.
• Monthly remittance reconciliation, cash settlement and ledger posting, daily break management.
• Whole Loan responsibilities include daily trade flow management, cash/wire movements, break management.
• Monthly remittance reconciliation, ledger postings, desk interactions for loan repurchases, loan sale coordination.

Skills

Reconciliation skills

Communication skills

Multi-tasking

Detail oriented

10-12 hour days

Education

Bachelor’s degree in accounting or finance or related field

Tools

Pro Merit

Loan IQ

Alteryx

Centricity

Job description

The pay range for this position at commencement of employment is expected to be between $150K and $170K/ year * (see below footnote for additional compensation and benefits information).

Company overview

Nomura is a financial services group with an integrated global network. By connecting markets East & West, we service the needs of individuals, institutions, corporates and governments through our four business divisions: Wealth Management, Investment Management, Wholesale (Global Markets and Investment Banking) and Banking.

Department Overview

Nomura's Warehouse Lending Middle Office Operations team are responsible for supporting the Warehouse and/or Whole Loan Trading.

Role Description

The Vice President will support the CRE (Commercial Real Estate) mortgage warehouse financing as well as residential mortgage whole loan trade support.

• Product exposure to include RTL, NQM, MSR, NPL/RPL, SBC, SFR. Warehouse Lending responsibilities to include daily trade flow management, booking and cash/wire movements.
• Monthly remittance reconciliation, cash settlement and ledger posting, daily break management. Whole Loan responsibilities to include daily trade flow management, cash/wire movements, break management.
• Monthly remittance reconciliation, ledger postings, desk interactions for loan repurchases, loan sale coordination.

Skills, experience, qualifications and knowledge required

Warehouse Lending

• 4+ years of experience supporting Mortgage Lending business – Warehouse facilities
• Familiarity with governing legal docs for Secured Lending facilities
• CRE specific exposure is a plus, as this hire is a team add for the CRE product
• System experience – Pro Merit, Loan IQ, Alteryx
• Reconciliation skills, ability to multi-task and perform at a high level of efficiency with tight deadlines
• Good written and verbal communication to facilitate interaction with trading, banking, legal and risk colleagues.
• Bachelor’s degree in accounting or finance or related field
• Expectation of 10-12 hour working days

Whole Loans

• 4+ years of experience supporting Whole Loan Mortgage Trading business
• Familiarity with client specific as well as trade specific documentation
• Exposure to various mortgage products including RTL, SBC, NQM, NPL/RPL
• System experience – Centricity, Alteryx
• Experience interacting with Mortgage Servicers
• Candidate must be detail oriented and thorough specifically as it relates to ensuring all payments due on inventory are received monthly.
• Strong reconciliation skills vital to the monthly remittance process.
• Good written and verbal communication skill to ensure efficient flow of information to front office and to facilitate effective interactions with various servicers, client, legal and risk teams.
• Expectation of 10-12 hour working days
• Explore Insights & Vision: Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
• Making Strategic Decisions: Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
• Inspire Entrepreneurship in People: Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
• Elevate Organizational Capability: Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
• Inclusion: Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).

* base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired in the U.S., employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.