Funding Analyst, Funding Operations - Mortgage Capital Markets Operations

Scotiabank•Houston, TX

4d•Onsite

About The Position

The Funding Analyst role within Mortgage Capital Markets Operations contributes to the success of the Global Banking and Markets Mortgage Capital Markets business by providing operational support and ensuring the execution and delivery of plans and initiatives in alignment with business strategies and objectives. This role is responsible for ensuring all activities comply with governing regulations, internal policies, and procedures.

Requirements

College degree or prior work experience required.

Responsibilities

Manage day-to-day funding and paydown of loans against credit facility, including reconciling all client DDA funding and operating accounts intraday and at end of day.
Track status of underlying loan collateral via reporting provided by collateral custodians.
Provide clear, concise communication with clients and internal business partners using phones, email, and internal chat messaging.
Work to clear exceptions in funding and collateral exceptions, including requesting extensions due to loan aging from Risk.
Escalate funding wires with AML/Sanctions and resolve client issues as needed.
Release interest in loans funded and paid off facility going to Fannie Mae, Freddie Mac, and Ginnie Mae.
Collaborate with front office Banking and Risk teams to manage client relationships, escalate issues, and ensure proper documentation and distribution of information to stakeholders.
Champion a customer-focused culture to deepen client relationships and leverage broader Bank relationships, systems, and knowledge.
Develop a robust understanding of supported mortgage products and address internal inquiries promptly and professionally, providing resolutions and troubleshooting issues.
Identify, create, and/or maintain operational controls to mitigate risk and drive efficiencies in all processes.
Support the interpretation of ad-hoc work for the support team, including regulatory requests or special projects.
Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
Actively pursue effective and efficient operations in accordance with Scotiabank’s Values, Code of Conduct, and Global Sales Principles, ensuring adequacy, adherence to, and effectiveness of day-to-day business controls to meet obligations regarding operational, compliance, AML/ATF/sanctions, and conduct risk.
Champion a high-performance environment and contribute to an inclusive work environment.
Build a high-performance environment and implement a people strategy that attracts, retains, develops, and motivates the team by fostering an inclusive work environment, using a coaching mindset, communicating vision/values/business strategy, and managing succession and development planning.