What You'll Do

• Monitors various reporting and remittance requirements, triggers, and regulations to ensure compliance.

• Maintains and enhances procedures and controls to mitigate operational risk.

• Identifies opportunities for process improvement and efficiencies.

• Manages day to day oversight of loan accounting for GNMA/FHLMC and FNMA.

• Ensures efficient operation and team workflow

• Trains less experienced team members on nuances of investor mortgage accounting /reporting and vendor oversight.

• Researches and resolves issues relating to reporting, remitting and reconciliation.

• Aggregates remittance reports, reconciles custodial accounts and remits calculated funds.

• Oversees vendor reporting and remitting on the company’s mortgage loan servicing portfolio to the investors, reconciles Custodial accounts with medium to high risk/exposure to the Company, including GNMA, FNMA or FHLMC.

• Reviews investor remittance for accuracy and timeliness to avoid penalties.

• Works closely with the Investor Reporting team and default group to ensure processes align with investor guidelines and loan mitigation activity is accurately reported.

• Ensures proper set-up, sales, and release of loans to new customer on a timely basis.

• Establishes and maintains a close working relationship with Government-Sponsored Enterprise (GSE)/Investor representatives to ensure all issues and concerns are resolved in a timely manner.

• Reviews and responds to all audit exam requests, internal, external, investor, regulatory and state.

• Reviews payment applications for compliance with investor and Company guidelines.

• Expedites accurate and timely reporting and remittances for all investors.

• Oversees audit requests for wire transfers to investors, ensuring adequate documentation, error free computations and accurate source and receiver information, including REG AB and USAP reporting and compliance.

• Oversees and performs analysis and reviews on new reporting formats and or proposed changes to reporting requirements.

• Assists in maintaining policies and procedures in accordance with company and Investor Guidelines.

What You'll Bring:

• Bachelor’s degree or equivalent combination of education and experience
• May require advanced degree
• 5-8 years of experience and/or training in an Investor Reporting mortgage servicing environment
• Minimum of 5 years reporting and reconciliation experience
• Ability to read, analyze, and interpret technical procedures, or government regulations
• Proficiency in writing reports, business correspondence, and procedure manuals
• Ability to effectively present information and respond to questions from groups of managers, clients and borrowers
• Strong understanding of the MSP Investor Reporting workstation
• Capacity to work with mathematical concepts such as probability and statistical inference
• Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
• Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
• Strong knowledge of all investor and agency guidelines with regard to investor reporting and accounting, payment application and custodial accounts
• Great attention to detail and organizational skills Ability to work in a team environment
• Strong knowledge of FHA, VA, and USDA loan guidelines
• Strong knowledge of Ginnie Mae, Fannie Mae or Freddie Mac servicing guidelines and remittance reporting
• Excellent written and verbal communication skills
• Excellent interpersonal, relationship-building and teamwork skills Self-motivated; self-starter
• Ability to manage multiple tasks, respond quickly to emergent problems, and focus both on long-range projects and immediate tasks
• Proficient in Microsoft Word, Excel and PowerPoint