This position is responsible for supporting the Company’s securitization program and related processes and debt covenant reporting. This primarily encompasses data-focused work related to preparation and execution of debt covenant compliance; responsibility for monthly reporting preparation and development; and securitization related reporting. This position calls for regular interaction with internal customers as well as outside parties, which may include investment bankers, auditors and service providers.
§ Assists in preparing for and executing securitization transactions, which includes, pool analysis, performance data management and borrowing base updates, cash flow modeling, funding documentation preparation, and interaction with outside funding partners and service providers.
§ Prepares monthly securitization reports to be distributed to investors and lenders, prepares monthly reconciliations, and researches reconciling items as needed. Ensures the securitization reporting is accurate and in compliance with governing documents.
§ Develops securitization estimates, projections and models and prepares internal weekly/monthly securitization reports.
§ Identifies process improvement opportunities with respect to securitization operations and works with others to implement appropriate changes.
§ Maintains relationships with individuals throughout the Company to share data effectively, to keep abreast of process changes and, if applicable, to incorporate such changes into securitization operations.
§ Maintains key securitization data and assures data integrity and manages regulatory report filings.
§ Prepares quarterly Bank Covenant calculations and reports. Works cross-functionally to ensure the Company remains in compliance with all debt covenants and representations and warranties.
§ Understands, evaluates, and models key Credit Rating Agency metrics.
§ Performs ad hoc analysis as needed.
§ Prepares various monthly and quarterly reports for external reporting and senior management.
§ Serves as backup for various Treasury Operations functions.
§ Participate in month, quarter and year end close processes, including variance analyses, account reconciliations, and financial schedules related to debt and securitization programs.
Desired Skills and Experience
§ Bachelor degree in Finance or Accounting, CFA, CPA, CTP preferred.
§ Minimum 5 years of relevant work experience, of which 2 to 3 years of direct work experience in securitization or capital markets and/or secured funding experience.
§ Ability to act and operate independently with minimal daily direction from manager to accomplish objectives
§ Must have the confidence to deal with finance and non-financial people at all levels.
§ Self-starter with ability to work in a fast-paced environment with firm deadlines and competing priorities.
§ Excellent analytical, organization and problem-solving skills and keen attention to detail.
§ High proficiency in Microsoft Office (Excel, Word, and PowerPoint)
§ Knowledge of ERPs and accounting concepts
Direct Reports: No
Travel Required: 0 - 15%
Exela is a business process automation (BPA) leader, leveraging a global footprint and proprietary technology to provide digital transformation solutions enhancing quality, productivity, and end-user experience. With decades of expertise operating mission-critical processes, Exela serves a growing roster of more than 4,000 customers throughout 50 countries, including over 60% of the Fortune® 100. With foundational technologies spanning information management, workflow automation, and integrated communications, Exela’s software and services include multi-industry department solution suites addressing finance & accounting, human capital management, and legal management, as well as industry-specific solutions for banking, healthcare, insurance, and public sectors. Through cloud-enabled platforms, built on a configurable stack of automation modules, and over 22,000 employees operating in 23 countries, Exela rapidly deploys integrated technology and operations as an end-to-end digital journey partner.
A global, public company (Nasdaq: XELA), the people behind Exela are as important as the company itself. Our team’s extensive experience across multiple industry verticals give us a better sense of our clients' needs. That begins with teams comprised of individuals from diverse backgrounds with different perspectives.
Join our global team as we create advancements in business process automation solutions that impact our client’s mission-critical operations across the industries they serve. The diversity of our workforce and their inspiring ideas resonate throughout all that we do – don’t just read about digital transformation, be part of the revolution!