FHLBNY Open Positions
AMA Mortgage Analyst II
Reference Number: 09068
Department: Aquired Member Assets
Location: New York |
Function:
- Perform loan monitoring, portfolio management, loan reviews and risk assessment of all AMA loans
- Prepare monthly, quarterly and annual reporting of AMA activity (such as new production, delinquency, run-off, losses, recoveries, etc ) to be submitted to the Board of Directors and other departments within the Bank
- Reconcile AMA databases’ figures to the Bank’s general ledger.
- Maintain the MPF databases for the Bank’s residential and commercial loan portfolios; these constitute the books and records of the Bank. Currently the MPF data bases consist of 25 separate files with 426 fields. For any changes to the files user testing falls to the AMA group
- Test the information in the databases for reasonableness and accuracy including accruals, amortization of premium and discounts, collection of principal and interest, delinquency and loss reporting.
- Perform the AMA reporting and financial process to ensure that information generated is correct, reliable and in good format. This can include SEC reporting (10Ks & 10Qs), reports to the Board and upper management, and any information required by the FHFA.
- Prepare financial models for other Bank departments so that they may properly monitor AMA activity.
- Conduct periodic reviews of member activities including the potential of reviews taking place in member offices. Quality Control of loans and their associated documentation of compliance, review of cash flows for proper timeliness of crediting FHLBNY accounts
- Participate in the training of members approved to participate in the MPF Program
- Assist in the performance in other duties as assigned
Requirements:
- Skills
Good database management,
Proficient PC skills in Excel spreadsheet and word processing.
Analytical and writing skills also required. - Education
Bachelors Degree or equivalent work experience. - Experience
- Minimum three years experience in a mortgage servicing or investor reporting position.
Knowledge of Fannie Mae, Freddie Mac or Ginnie Mae servicing requirements.
Secondary marketing and structured finance a plus
Resumes may be submitted via:
- e-mail to careers@fhlbny.com
- fax to (212)949-2070
- mail to
Federal Home Loan Bank of New York
Attn: Human Resources
101 Park Avenue, New York, NY 10178
Equal Opportunity Employer
The Federal Home Loan Bank of New York adheres to a policy of Equal Employment Opportunity, which ensures that employees and applicants for employment receive fair and equal treatment regardless of race, color, religion, gender, age, national origin, citizen status, disability, sexual orientation, status as a parent, or veteran status or any other characteristic protected by federal, state, or local laws. This nondiscrimination policy, which became the law under Title VII of the Civil Rights Act of 1964, applies to all employment practices including, but not limited to, recruitment advertising, recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, and other terms, privileges, and conditions of employment.