Investor Accounting Analyst II (On-site)

Primary Function

The Investor Accounting Analyst II is responsible for preparing assigned monthly bank reconciliations of various clearing, PI, & TI custodial accounts for investors which could include FNMA, FHLMC, GNMA, or Private Portfolios. The Investor Accounting Analyst II will be responsible for accounts with moderate and high levels of difficulty.

Principal Duties

• Prepare monthly cashbook and test of expected reconciliations for various investor custodial accounts, including Fannie Mae, Freddie Mac, Ginnie Mae, and Private portfolios.
• Prepare monthly reconciliations of customer Escrow accounts.
• Prepare daily / monthly reconciliations of Clearing accounts.
• Research and resolve loan and account variances and clear accounts in accordance with investor and regulatory guidelines.
• Works with Investor Reporting team members to resolve items within the investors' accounts.
• Maintains and follows procedures and controls within the monthly process.
• Aids with internal and external audits.
• Heavy use of Microsoft excel for data analysis and reporting.
• Handle ad-hoc reporting or research as directed by management.
• Calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals.
• Investigate, reconcile, and provide timely resolution to all investor issues and reconciliation exceptions.
• Research operational, reporting, or data issues and present solutions or process improvements to management.
• Perform related duties as assigned by management.

Education And Experience Requirements

• High School Diploma or equivalent required.
• Bachelor's Degree in Accounting or Finance preferred.
• 2-4 years of Mortgage Servicing experience required; prior Investor Accounting experience preferred.

Knowledge, Skill, and Ability Requirements

• Advanced MS Excel experience required.
• Strong math skills.
• SQL or other database reporting experience preferred.
• Servicing Director knowledge a plus.
• Knowledge of basic accounting principles and practices.
• Solid analytical skills, particularly regarding assessing the probability and impact of an internal control weakness.
• Working understanding of operational risks and related controls.
• Strong organizational and time management skills necessary.
• Self-motivated with strong attention to detail and excellent organization skills.

Additional Information

• While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
• All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits

• Medical, dental, and vision insurance.
• Health Savings Account with employer contribution.
• 401(k) Retirement plan with employer match.
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave.
• Adoption Assistance.
• Tuition & Certification reimbursement.
• Employee Mortgage Loan Program.
• Newrez Employee Emergency and Disaster Fund.

Additional Information

• While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.