Title Senior Financial Data/Business Analyst
Start Date 2017-10-20
Job Information

New Jersey Financial Institution

6-9 Month Contract Opportunity

US Citizens/Green Card Holders and Candidates Willing to Transfer H1 Visa

No Third-Party Organizations

(To Apply Please contact Diane Katz at diane.katz@primesoftinc.com)

Summary: New regulatory capital rules require all bank assets to be tracked, monitored and reported in real-time by risk type. This mandated process is complicated, and it prevents banks from effectively unlocking the full value of their capital. Failure to comply with capital management and reporting requirements will jeopardize banks’ continuing operations and new business activity.

Job Description: Our client is currently migrating its mortgage systems servicing business to a third party and is looking for a Financial Services Professional with a Finance/Accounting and Risk background who has participated in Enterprise initiatives in Regulatory space. This individual must be a self-starter

Knowledge of banking products (mortgages are a plus) with excellent analytical and problem-solving skills. The ability to conceive, coordinate and implement automated procedures to improve productivity and accuracy along with superior Business and Data Analysis skills

The Qualified Candidate must have

  • prior data analytical experience

  • Strong Excel and SQL skills are a must.

  • Must be able to deliver results on a deadline driven timeline

  • Ability to proactively monitor and remediate incoming data used in risk measurement and reporting.

  • Ability to ensure the completeness, validity, and accuracy of data daily.

  • Work with business data users to define the use of data within risk systems.

  • Work closely with technology to ensure the timely and accurate operation of risk models and reporting systems. Implement effective risk controls of our data processes and systems. Participate in user acceptance testing of data control processes.

  • Understanding of multiple lines of loan products including installment, marketplace unsecured, secured loans, lines of credit, mortgage, auto, etc. a plus.

The Qualified Candidate:

  • Coordinates with business data owners to validate data and correct in applications as necessary.

  • Performs reconciliations with Finance and resolve material discrepancies.

  • Quickly identifies trends and statistics in large data sets and communicate those trends in an effective manner to a wide audience. Must be able to convey risk reporting concepts and findings to senior management.

  • Identifies data quality issues and work collaboratively as the lead across various groups to resolve.

Required Skills:

  • Education BA/BS in Economics, Finance, Engineering, Mathematics, or Computer Science; graduate degree is preferred.

  • Experience working analytically with large datasets.

  • Strong Understanding of Data Fields, Parallel Testing Data Fields

  • Strong Data Reconciliation and Analysis Skills

  • Regulatory Reporting and Attestation and Validation of Stress Tested Data

  • Strong Data Management /Analysis/Reconciliation Experience

  • Strong Excel skills (v-lookups, pivot tables)

  • Strong SQL and various data modelling skills as well as in-depth knowledge of Microsoft Excel (v-lookups, pivot tables).

(To Apply Please contact Diane Katz at diane.katz@primesoftinc.com)