Consumer Loan Operations Analyst - (23000161)
Posted on: 27 Mar 2023
Jersey City, New Jersey
Job Description
Jefferies Group LLC, the largest independent, global, full-service investment banking and capital markets firm headquartered in the U.S. focused on serving clients for 60 years, is a leader in providing insight, expertise and execution to investors, companies and governments. We offer deep sector expertise across a full range of products and services in investment banking, equities, fixed income, asset and wealth management in the Americas, Europe and the Middle East and Asia. Jefferies Group LLC is a wholly owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.
Position Description:
The Consumer Loan Operations team is responsible for the settlement and loan life cycle events related to Jefferies’ purchase of consumer loans from various lending platforms. Consumer lending is a category of financing centered on individuals, families, and small businesses – separate and distinct from institutional/commercial lending. As a member of the Consumer Loan Operations team, your responsibilities would include but are not limited to:
Arranging the funding, purchase, and settlement of consumer loans
Reconciling settled consumer loan positions
Reconciling cash related to purchases, loan repayments, fees, etc.
Processing business activity into Loan IQ
Assisting product controllers with the accurate capture of details into the General Ledger
Coordinating between Capital Markets, Product Control, Loan Servicers, Origination Banks, and any other involved parties
Calculating true up payments needed due to timing differences from portfolio transfers
Serving as a Business Analyst for Consumer Loans related enhancements
Build out Alteryx infrastructure or Excel macros in order to automate manual processes
Ad-hoc tasks as needed related to business activity
Qualifications
Desirable Qualifications:
Strong attention to detail
Strong written and verbal communication skills
Strong Excel skills (especially Pivot Tables and VLOOKUP)
Experience with Alteryx
Team player
Proven ability as a self-starter
Ability to think quickly under pressure
Understanding of basic computer programming and data set manipulation a plus, but not required
Jefferies Financial Group Inc.
New York, New York
Jefferies Financial Group Inc., a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.
In addition, it provides fixed income sales and trading services for investment grade corporate bonds, U.S. and European government and agency securities, municipal bonds, mortgage- and asset-backed securities, leveraged loans, consumer loans, securities, markets debt, interest rate, and credit derivative products, as well as foreign exchange trade execution and securitization capabilities, as well as manages, invests in, and provides services to a group of alternative asset management platforms in investment strategies and asset classes.
The company was formerly known as Leucadia National Corporation and changed its name to Jefferies Financial Group Inc. in May 2018. Jefferies Financial Group Inc. was founded in 1968 and is headquartered in New York, New York.
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IndustryInvestments Management
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No. of Employees4,700
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Website
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Jobs Posted182
