
Description
SEC MKTING SERVICING & ACCOUNTING OVERSIGHT LEADER WHAT IS THE OPPORTUNITY? Responsible for supporting ongoing strategic business plan through the development and oversight of a Loans Serviced by Others (LSBO) function, while ensuring accurate accounting and operational alignment of Secondary Marketing activities. Collaborative team player with the ability to independently drive key initiatives and contribute to overall department strategy. WHAT WILL YOU DO?
- Lead the strategy, governance, and day-to-day oversight of Loans Serviced by Others (LSBO) activities within Secondary Marketing.
- Ensure accurate tracking, reconciliation, and reporting of LSBO assets in coordination with internal stakeholders
- Develop and maintain scalable processes for LSBO remittance tracking and performance monitoring.
- Establish clear controls and documentation standards for LSBO
- Provide education and subject matter expertise to stakeholders on LSBO structures, servicing dynamics, and downstream impacts.
- Lead enhancements to current LSBO functions to support strategic initiatives
- Responsible for overseeing the accounting and financial reporting functions related to the MSR portfolio
- Bachelor's Degree or equivalent.
- 10-15 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.
- Residential Mortgage within an OCC/FDIC/Federal Reserve/CFPB US Bank.
- Capital Markets, Secondary Marketing, Origination, Servicing, knowledge of secondary marketing investors/liquidity measures in a Loans Held for Sale/Investment multi best execution platform.
- Contract Finance
WHAT'S IN IT FOR YOU? Compensation Starting base salary: $92,114.00- $$156,880.00 per year. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
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
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 About Us.
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.
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