Associate Operations Analyst

The Associate, Operations Analyst will primarily be dedicated to mortgage-backed securities and treasury operations. This role will follow the operations trade lifecycle, including tasks such as data flow, trade confirmation, reconciliation, fail/breaks and monitoring. The ideal candidate will be a detail-oriented self-starter that has excellent problem-solving skills. They be able to collaborate within a team as well as succeed independently while managing competing priorities. In addition, they will contribute to ongoing improvements within securities operations, and must promote a positive work culture, collaborate cross-functionally, and develop internal and external relationships.

Responsibilities

• Perform daily Operations tasks such as PNL reporting, trade settlements, and resolution of any breaks or fails.
• Provide trade confirmation for all MBS trades including: RMBS, TBAs, Repo, Interest Rate Swaps, Futures, etc.
• Perform cash reconciliation, including reconciliation of lifecycle events such as monthly P&I payments
• Collaborate with both internal and external contacts such as executing brokers, prime brokers, treasury, accounting and traders.
• Provide weekly and monthly reconciliations of positions and activity across all holdings while investigating and solving any issues.
• Be available to leverage knowledge to perform ad-hoc analysis and other job-related duties as assigned
• Document and maintain policies and procedures

Qualifications

• 0 to 3 years of experience working in a financial or operations related role within financial services, mortgage or trading firm.
• Bachelor’s degree in finance, Accounting or related field.
• Excellent Microsoft Office skills with a strong command of Excel. VBA knowledge preferred.
• Experience with mortgage-backed securities products preferred.
• Professional written and verbal communication skills in addition to analytical and problem-solving skills.
• Highly collaborative with strong interpersonal skills and the ability to work under pressure and meet deadlines.

All fulltime employees of Two Harbors and its subsidiary companies are eligible for our benefits which include:

• Medical / Dental / Vision Insurance
• Life / Disability Insurance
• 401(k) with company matching
• Generous Vacation / Paid Time Off (accrual based)
• Targeted Compensation: $62,000 - $72,000

Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:

• The employee is regularly required to talk or hear.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
• Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

About Two Harbors Investment Corp.
Founded in 2009, Two Harbors Investment Corp. (NYSE: TWO) has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.
In 2023, we acquired RoundPoint Mortgage Servicing LLC, a fully integrated, non-bank mortgage company, reaffirming our commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Location

• St. Louis Park, MN

Employee Status

• Regular

Travel

• No

Telecommuter Position

• No

Overtime Status

• Exempt

Salary : $62,000 - $72,000