Advance Control Analyst
Responsibilities
- Aid in the creation and presentation of servicing advance populations.
- Build and sustain reporting of all servicing advances.
- Conduct quantitative analysis of advances over multiple population levels.
- Identify opportunities to increase income, lower expenses, and recover receivables.
- Monitor and track receipt of receivables and incentives.
- Analyze and monitor internal business processes and financial results for opportunities.
- Analyze and review various financial and billing reports to provide monthly variance explanations.
- Aid in the securitization and funding of servicing advances through debt facilities.
- Assist in the governance of transaction methodology and allocation mapping between Servicing and Accounting.
- Assist with initiatives and projects as it relates to the goals of the team and leadership.
- Implement, enhance and monitor accounting procedures and internal controls.
- Interface with all levels of corporate and operational management.
- Provide ad-hoc reporting and analysis services as required to meet business needs.
- Maintain a strong working knowledge of SQL and daily utilization of relational databases.
- Build a governance program to oversee system use of milestone and restriction indicators (stop and flags in MSP).
- Build a governance program to oversee ancillary fee assessments, waivers, and collections.
- Act as a point of contact/liaison, ensuring that policies and procedures relating to MSP indicators and fees are followed.
- Develop and conduct advanced data analytics and reporting to identify and analyze causal links and meaningful relationships across large and/or multiple-sourced data sets.
Qualifications
- High School Diploma or equivalent required.
- Bachelor’s degree required, preferably in a Finance or Computer Science related major.
- Experience on design, development and maintenance of data sets related to financial and servicing activity.
- 3+ years’ experience in Financial Services, preferably Mortgage Servicing.
- 3+ years’ experience training, process improvement and advising skills required.
- 3+ years of recent experience as an analyst, reporting developer or related role within the financial services industry.
- Proven ability to manage multiple personnel and projects.
- Ability to work independently and minimal direction and to meet deadlines.
- Demonstrated ability to read, interpret and analyze accounts and records of a complex, detailed, and recurring nature.
- Knowledge of MS Office (Word, Excel, Outlook, etc.), with emphasis on advanced Excel skills.
- Mortgage servicing experience is preferred.
- Experience with MSP servicing system is preferred.
- Knowledge of general ledger accounting preferred.
- SQL and relational database experience preferred.
Total Rewards
Total Rewards Package includes:
- Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insurance.
- Time Off: Paid holidays, vacation, and sick leave.
- Retirement & Investment: Fidelity National Financial matching 401(k) and employee stock purchase plans.
- Wellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being.
- Employee Recognition: Programs that celebrate achievements and milestones.
- Lifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.
Compensation
Compensation Range: $64,800 - 121,500 annually. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.
About LoanCare
LoanCare is a leading national provider of full service subservicing and interim subservicing to the mortgage industry and has offered its expertise and best practices in providing servicing solutions for others since 1991. At the present time, LoanCare subservices over 1.8 million loans in 50 states. LoanCare has a seasoned loan servicing team with senior managers averaging nearly 30 years of experience in the mortgage and financial services industry. LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.
Work Conditions
Working conditions are normal for an office environment. Ability to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Over time required as necessary. Essential functions are the basic job duties that an employee must be able to perform, with or without reasonable accommodation.
Equal Employment Opportunity
LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.