Sr Investor Accounting Analyst (On-Site)

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

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

The Sr Investor Accounting Analyst will provide guidance and oversight to less senior team members and help create and build process documentation, automation, and analytical insights to ensure that we are consistently providing best in class service to our investors and customers. Candidates must have strong communication skills and the ability to research and complete timely resolution to exceptions, including collaboration with internal business partners.

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.

• Review reconciliations performed by Investor Accounting Analyst and Investor Accounting Analyst II.

• Researches and resolves loan and account variances and clears 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.

• Assists with internal and external audits.

• Heavy use of Microsoft excel for data analysis and reporting.

• Attention to detail and strong organization skills important.

• 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.

• Develops and enhances operational procedures.

• Possesses an understanding of pooling and servicing agreements / GSE Servicing Guides.

• Handle ad-hoc reporting or research as directed by management.

• Performs related duties as assigned by management.

Education and Experience Requirements  

• High School Diploma or equivalent required, Bachelor's Degree in Accounting or Finance preferred.

• 5+ years of Mortgage Servicing experience, 2+years prior Investor Accounting experience required.

Knowledge, Skill, and Ability Requirements 

• Knowledge of the GSE bank reconciliation process for test of expected cash, pool to security balancing, and clearing account balance.

• Advanced MS Excel experience required.

• Proficient in MS Word and PowerPoint.

• SQL or other database reporting experience preferred.

• Servicing Director knowledge a plus

• Strong problem solving and analytical skills.

• Proven ability to build strong relationships with stakeholders, learn quickly, be flexible and think strategically.

• Strong communication skills to interact with Senior Management and other business units.

• Working understanding of operational risks and related controls.

• Strong organizational and time management skills necessary.

• Ability to manage multiple tasks and shift priorities as appropriate to meet reporting deadlines and maintain reporting accuracy and analysis abilities with strong attention to detail.

• 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 Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

• Medical, dental, and vision insurance