The Structured Finance team of Navient is a high performing and highly visible team, whose primary mission is to provide support for the corporation’s asset-backed securitization (ABS) program and the Corporate Finance group at large. As a member of this team, the Specialist will learn about and execute various financial models, analyze portfolios, construct and analyze data files from internal and external sources, and aggregate loan assets into transactions that meet market and rating agency requirements. The Specialist will develop an understanding of financial markets, cash flow analysis, financial modeling, and learn to develop efficient logic and effectively evaluate, validate and interpret process results. The Specialist will also be expected to build a thorough knowledge of the operations of Navient and its business practices over time.
Specifically, the Specialist will work under the guidance of senior team members to learn about and execute models and other processes. The Specialist will then analyze and summarize the results for senior team members to review. The Structured Finance team, in concert with other business and operational partners, will utilize this information to draw conclusions, make recommendations, and implement strategies to enhance and grow Navient’s ABS program and the organization.
Essential Job Functions:
1. Perform supporting analysis for new and existing ABS transactions and funding vehicles – Support the preparation of information for the rating agencies and prospectus and execute existing processes to analyze asset performance.
2. Perform tasks needed to support Corporate Finance data analytics – Assist in the creation and execution of new models and processes and enhance documentation of existing models and processes. Process data into a consumable format for use by internal groups.
3. Perform ad hoc analyses to support requests by management – Assist with and/or perform analysis as needed of existing securitizations and facilities, potential transactions, and other available assets. Assist with and/or perform analysis as needed to respond to rating agency and other queries.
4. Work across Corporate Finance and with Accounting, Credit Risk, and Operations to support optimal financial execution of corporate initiatives – Support existing models and processes and asset performance expectations for portfolio acquisition analysis and apply knowledge of asset performance to support trust operations, trust administration, and the finance data group as needed.
5. Communication and Presentation – Work with the team to translate analyses and recommendations into effective communication materials for senior team members to present to colleagues and senior/lead analysts.
MINIMUM REQUIREMENTS:
•Bachelor’s Degree – Economics, Mathematics, MIS, Statistics, Finance, or Engineering (Other areas of study may be considered based on experience)
•0-2 years of experience with financial modeling/analysis
•0-2 years of experience in Microsoft Excel and Access or similar business intelligence tools
•Financial analysis, statistical, and modeling skills
•Strong verbal and written communication skills
All offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.
EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.
Navient is a drug free workplace.