NRZ Treasury Operations Associate
Company: Fortress Investment Group LLC i
Location: New York
Posted on: May 17, 2022
New Residential Investment Corp. (NYSE: NRZ) is a publicly
traded real estate investment trust focused on opportunistically
investing in, and actively managing, investments primarily related
to residential real estate. The Company is managed by an affiliate
of Fortress Investment Group LLC ("Fortress"), a global investment
management firm. About The Position Responsibilities
- Work directly with Prime Brokers for processing and settlement
of Asset and Repo trades.
- Perform nightly risk run for Treasury Operations, sending out
expected variation margin across our Interest Rate Swap, TBA and
- Confirmation and allocation of all Interest Rate Swap, TBA,
Agency and Non-Agency RMBS and Repo and Reverse Repo trades.
- Calculation and instruction of pair-off/wire amounts related to
repo activity .
- Manage daily Margin Call process - review and propose
agreements/disputes on call amounts, track, and book collateral
- Track and reconcile monthly P&I on the RMBS portfolio.
- Initiate daily wire transactions in Kyriba and assist with
managing intra company liquidity.
- Perform daily analysis and maintenance of cash sheets and
account balance reconciliations.
- Support the New Residential Investment Corp. accounting team by
assisting in classifying incoming and outgoing cash to ensure
proper coding allocation within the General Ledger.
- Research and troubleshoot any failed payments.
- Conduct Ad Hoc reporting to assist the Front Office
- Engage with Internal/External Auditors to provide necessary
support for SOX compliance. Q ualifications
- 3-7 years of experience in a similar role in financial
- A bachelor's degree in Finance, Accounting, Economics or
- Proficient working knowledge of Microsoft Outlook, Word, and
Excel (including but not limited to vlookups, pivot tables and
- Ability to work in a fast-paced dynamic environment
- Strong organizational skills and attention to detail
- Excellent written and communication skills Fortress Investment
Group LLC collectively with its subsidiaries and operating
affiliates is an equal opportunity employer and considers all
applicants for employment without regard to race, religion, creed,
color, sex, age, national origin, citizenship status, disability,
genetic information, protected veteran status, marital status,
sexual orientation, gender identity, or any other status protected
by federal, state or local law.
Keywords: Fortress Investment Group LLC i, New York , NRZ Treasury Operations Associate, Accounting, Auditing , New York, New York
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