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Supervisor, Investor Delivery & Certification

Location: VA Vienna - Headquarters Full/Part Time: Full-Time Regular/Temporary: Regular

Job Description

Employee Perks

Why You Will Love Being Part of the Navy Federal Team:

*Competitive compensation with opportunities for annual raises, promotions, and bonus potential
*Best-in-Class Benefits! (7% 401k match / Pension plan / Tuition reimbursement / Great insurance options)
*On-site amenities include fitness center, wellness center, cafeteria, etc. at Pensacola, FL; Vienna, VA and Winchester, VA campuses
*Consistently Awarded Top Workplace
*Nationally recognized training department by TRAINING Magazine
*An employee-focused, diverse, and service-oriented workplace environment

Basic Purpose

To  supervise the mortgage loan pooling, delivery and funding processes to ensure accurate, timely, and profitable mortgage-backed securities and whole loan sales for Navy Federal. Supervise the Government National Mortgage Association (GNMA) and private investor final certification process to ensure mortgage loan pooling requirements are met in a timely manner.  Serve as subject matter expert regarding business functions, systems, policies and/or procedures.
 
Responsibilities
  • Supervise branch workflow based on sales volume targets and industry mandated deadlines
  • Ensure accurate and timely delivery of billions of dollars’ worth of mortgage-backed securities (MBS) and whole loans to investors
  • Collaborate with the Sales and Trading  Team to allocate executed trades to corresponding pools based on instrument type and coupon, ensure accurate reporting prior to settlement date
  • Work with the Post Settlement Operations team  to ensure timely delivery of mortgage notes to investors for initial certification
  • Preserve Navy Federal’s reputation as a trusted partner to perform quality control reviews of all security pools and whole loan commitments
  • Ensure adherence to Securities Industry and Financial Markets Association (SIFMA) pooling rules, and Government Sponsored Enterprises (GSEs) documentation and data requirements
  • Oversee the compilation of accurate financial information for Treasury Operations  regarding reporting and distribution of securities, and cash flows to or from investors
  • Supervise workflow and allocation of work to best minimize the final certification timeline
  • Work closely with the Post Settlement Operations team to ensure timely delivery of critical  documentation for  final GNMA and private investor pool certification
  • Ensure compliance with GNMA and private investor certification requirements through quality control reviews of all final certification packages
Qualifications
  • Bachelor’s degree in  Business, Economics, Finance, Accounting or other related field, or the equivalent combination of experience,  education and training
  • Advanced knowledge of industry pooling and delivery requirements and other Secondary Marketing related principals with respect to MBS and whole loan sales
  • Advanced knowledge of mortgage lending including: mortgage accounting, financial concepts, servicing practices, risk management, processing and underwriting
  • Advanced research, analytical, and problem solving skills
  • Advanced organizational, planning and time management skills
  • Advanced  skill exercising initiative and using good judgment to make sound decisions 
Bank Secrecy Section
 
Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
 
Hours: Monday – Friday: 8:00 A.M. – 4:30 P.M.

Equal Employment Opportunity

Navy Federal values, celebrates, and enacts diversity in the workplace.  Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans.  EOE/AA/M/F/Veteran/Disability