Consumer Loan Operations

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Job 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

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

Minimum GPA/Major Considerations: 3.0+ and Math/Engineering/Finance/Economics background (open to others for the right candidate)

At Jefferies, we believe that diversity fosters creativity, innovation and thought leadership through the infusion of new ideas and perspectives. We have made a commitment to building a culture that provides opportunities for all employees regardless of our differences, and supporting a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is an equal employment opportunity workplace. We practice equal opportunity for all, regardless of race, religion, ancestry, color, gender, pregnancy, age, physical or mental disability or medical condition, national origin, marital status, sexual orientation, gender identity or expression, covered veteran or military status, genetic information, reproductive health decisions, or any other factor protected by law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. In accordance with applicable law, we are dedicated to finding reasonable accommodations for candidates and employees' religious practices and beliefs, as well as any mental health or physical disability needs. Please inform your recruiter should you require accommodations throughout your application process.

It is Jefferies' policy that all employees and visitors be fully vaccinated against COVID-19 in order to enter any Jefferies office or participate in any Jefferies or client event in person. Should an offer of employment be made, your acceptance of that offer means that you will comply with this policy. You will be advised of your anticipated schedule to be in the office should we move forward with the offer.