Navient Trust Administrator II in Reston, Virginia
Navient has an excellent opportunity for a Trust Administrator II to join our team located in Reston, VA. The Trust Administrator II is responsible for the timely and accurate operations, maintenance and administration of the Navient Education Loan Trusts as dictated by the underlying trust agreements. This position uses applied knowledge of financial instruments and financing structure mechanics to perform processes that affect Navient's corporate funding operations.
The Trust Administrator II is also responsible for the payments, reporting, cash reconciliation and compliance of the Navient Education Loan Trusts. The position will also play an active role in supporting multiple audits throughout the year and ensure Navient's compliance with Regulation AB and other various required audits.
Essential Job Functions:
Trust compliance, payment and reporting activities
Cash reconciliation in People Soft of Trust Activity
Responding to internal and external inquiries on operational issues and document guidelines
Data management and systems updates
Auditor interaction and request fulfillment
Bachelor's degree in a business field, preferably Finance.
Proficiency in Excel is required along with basic math problem solving skills.
Requires knowledge of how companies issue different types of debt to raise capital
Must be comfortable taking an operational lead role in dealing with underwriters, broker dealers, banks, investors and various individuals internally on a regular basis.
Must have excellent writing and verbal skills and have ability to bridge inter-departmental function communication gaps.
Microsoft Access with Oracle database experience required to troubleshoot data and reporting issues
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 Minority/Female/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.