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Job Description
Company Description
Ocorian is a global leader in corporate and fiduciary services, fund administration and capital markets. Wherever our clients hold financial interests, or however they are structured, we provide compliant, tailored solutions that are individual to their needs.
We manage over 17,000 structures for 8000+ clients with a global footprint operating from 18 locations. Our scale offers all our people great opportunities to develop their knowledge and skills and to progress their careers.
- This person will develop cash flow models of structured finance transactions based on information set forth in Prospectuses, Pooling and Servicing Agreements, and other governing deal documents.
- Transactions are comprised of residential mortgages, including prime, ALT-A, home equity, sub-prime, and non-performing mortgages, commercial mortgages, auto loans, and credit card receivables.
- The models incorporate the characteristics of the underlying loans or receivables and the provisions for the bond waterfall rules, including step downs, trigger events, and allocations of losses.
- In addition, the analyst will be responsible for structuring the tax aspects of each transaction and updating the actual collateral aggregates and resulting bond payments and taxable-income calculations associated with the models using remittance data from servicers.
- The analyst will work with banks, servicers, issuers, Wall Street underwriters, trustees, asset managers, accountants, and attorneys on various aspects of the transactions.
- The analyst will be exposed to a wide range of transactions, and will have the opportunity to work closely with clients and develop new business services.
- There will also be opportunities for the marketing of our services and helping with general company administration.
Qualifications
- Strong analytical skills and attention to detail
- Understanding of financial concepts
- The ability to learn quickly and be self motivated
- Strong verbal and written communication skills
- Strong proficiency with Excel and VB macros
- Experience with SQL, VBA, C/C++, Java, Python, or other higher level programming languages is not required, but would be helpful
Prior working experience in the following industries is helpful:
- Structured Finance and Mortgage and Asset-Backed Securities
- Corporate Trust
- Mortgage Banking or Loan Servicing
- Fixed Income Investments or Structuring
Additional Information
All our staff seek to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful. These are:
We are AMBITIOUS – We think and act globally, seizing every opportunity to support our clients and staff – wherever in the world they may be.
We are AGILE – Our independence from any financial institution gives us the flexibility and freedom to keep things simple, efficient and effective.
We are COLLABORATIVE – We take the time to understand our clients’ needs so that we can deliver personalised solutions every time.