Investor Accounting Specialist

About the role

Under general supervision, the Investor Reporting Specialist performs accounting-related tasks in support of the Mortgage Servicing department, including reporting, balancing, bank reconciliations, remitting financial figures to third-party investors, preparing reports, maintaining accurate records, identifying payment discrepancies, and providing analysis.

Responsibilities

• Conduct daily and monthly investor bank account reconciliations.
• Research and resolve all variances in Investor Reporting applications.
• Ensure all cash adjustments are researched and cleared by required deadlines.
• Report all loan modifications to investors for both traditional loans and other modifications.
• Resolve investor rejects.
• Ensure monthly activity is completed timely and accurately, and that each accounting cycle cutoff is completed by the required deadline.
• Verify funds are owed and available for investor principal and interest remittances, and advance funds when necessary.
• Reconcile actual activities against reported activities for GSE investors such as GNMA (FHA/VA/USDA), FNMA, FHLMC.
• Research and gather reports and documentation requested for all Exams (Internal & External), Financial Audits, QC Audits, and Investor Audits.
• Reconcile disbursement account and all outstanding checks.
• Perform additional duties as assigned.

Requirements

• Bachelor’s degree in Accounting required.
• Minimum 1 year's experience in residential mortgage accounting servicing with a focus on Investor Reporting or 1 year of general accounting work experience.
• General knowledge of GSEs (FHLMC, GNMA (FHA/VA/USDA), FNMA).
• Strong knowledge and proficiency with investor accounting principles and concepts, including debits and credits, cash flow requirements, and bank reconciliations.
• Ability to work independently in a fast-paced, deadline-driven environment.
• Highly organized with the ability to manage multiple priorities; strong sense of urgency and responsiveness.
• Strong detail orientation and follow-through on all open issues.
• Apply analytical skills and sound judgment to assess impact on borrowers, investors, and the company.
• Proven excellent reporting, letter preparation, group presentation, and other related communications skills.
• Sound judgment and ability to think critically.
• Intermediate to advanced math and Excel skills.
• Ability to use a 10-key by touch quickly and accurately.
• Intermediate knowledge of Microsoft Word and PDF/Adobe programs.
• Proficiency in using and learning mortgage loan software.
• Ability to communicate and interpret complex information effectively in verbal and written forms.
• Must successfully pass 10-key, Microsoft Word, and Excel tests.

Working Conditions

Must be able to sit for long periods of time and use a computer keyboard and/or mouse while viewing computer screens.