Financial Analyst

Randstad USA; Columbia (MD); On-site; USD 28,000 - 36,000; Full time

Job summary

Randstad USA is seeking an entry-level Financial Analyst in Columbia, MD. The role is contract (5–8 months) with duties in securities administration, remittance, and data management. The candidate will support loan/security transactions, verify fundings, and help prepare EUCTs using Excel and Access.

Requires 1+ year in financial services or a BS/BA degree, strong analytical skills, and the ability to work in a team. No sponsorship. Must reside within commutable distance to Columbia, MD.

Qualifications

• 1+ year in financial services, accounting, or analytical analysis (or BS/BA).
• Military experience (2+ years) acceptable.

Responsibilities

• Process routine to moderately complex transactions related to loans or securities.
• Prepare remittance/cayment information for servicers and investors.
• Monitor pooled loans for non-compliance and support data accuracy.

Skills

Excel

Microsoft Office

Analytical skills

Attention to detail

Communication skills

Time management

Teamwork

Education

BS/BA degree or higher

Tools

Access

Job description

NOTE: THIS IS AN ENTRY LEVEL FINANCIAL ANALYST ROLE THAT IS CONTRACT (5-8 MONTHS) TO HIRE. MUST CURRENTLY RESIDE IN A COMMUTABLE DISTANCE TO COLUMBIA, MD. WILL NOT SPONSOR/NOT OPT, MUST BE A US CITIZEN.

Role pays $23/hr. while contracting and if converted to perm salary range offered ($50,000-$60,000).

Job Description:

• This position is in the Securities Administration Services (SAS) group. Analysts are responsible for processing routine to moderately complex transactions or reconcilements relating to loan or security payments, performing credit risk management duties for select portfolios, and processing fundings and monthly/quarterly verifications for Advance Trust Facilities.
• Duties include: Providing remittance and correction information to servicers; Monitoring of pooled loans to determine non-compliance; Communication of information to investors and servicers; Evaluate servicer performance and review servicer reports to ensure accuracy of data represented and compliance with stated agreements, account balances, new advance balances, receivables balances, report upload times, number of fundings, etc.; Interacting with other departments as needed; Research and interpret all controlling legal documents as issues arise with collateral or bond payments; Creating End- User Computing Tools (EUCTs such as Excel spreadsheets, code/instructions for Access databases, etc.) at deal inception by translating terms in legal contracts to formulas, as well as managing and developing the EUCTs throughout the life of the deal; Conduct internal processes by maintaining a working knowledge of their area of expertise and duties that include Collateral, Securities, Default or Trust Administration; Follow established procedures and use appropriate EUCTs for all processes; Identify and communicate enhancements or process improvements that are relevant across individual facilities; Participating in system enhancements by attending user group and individual testing.

Required Qualifications:

• 1+ year of experience in one or a combination of the following: financial service, accounting, or analytical analysis; or a BS/BA degree or higher; or 2+ years of military experience

Desired Qualifications:

• Basic Microsoft Office skills, with advanced skills in Excel
• Ability to navigate multiple computer systems, applications, and utilize search tools to find information
• Strong analytical skills with high attention to detail and accuracy
• Customer service focus with the ability to actively listen ,elicit information, comprehend customer issues/needs, and recommend solutions
• Excellent verbal, written, and interpersonal communication skills
• A BS/BA degree or higher in business administration, economics, accounting, finance, or other business related field
• Basic Microsoft Access skills
• Ability to read and interpret legal documents
• Strong time management skills and ability to meet deadlines
• Ability to work effectively, as well as independently, in a team environment