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Investor Reporting Analyst I

Description



The Investor Reporting Analyst I is responsible for coordinating all aspects within investor reporting to include remitting and accounting functions for multiple investor portfolios. Identify changes to investor reporting requirements, work with clients, and various departments while ensuring adherence to regulatory, investor, and company policy regulations.

Responsibilities Include:
  • Perform analysis of system cutoff activity and compare to the remittance methodology
  • Perform pool to security reconciliations and test of expected cash analysis
  • Quantify overages and shortages and take appropriate steps to clear variances
  • Prepare reports and remit funds associated with the monthly loan activity, payoffs, short sales, and other events to investors
  • Support management in the identification of reporting trends and analyze key deficiencies
  • Ability to research and clear reconciliation items in accordance with various remittance methods, investor contracts and compliance requirements
  • Monitor P&I custodial accounts to ensure no overdrafts occur
  • Manage relationships with GSE and non GSE representatives as it relates to servicing and investor accounting
  • Work with the Senior Compliance Analyst to be aware of new publications published by AllRegs and update investor accounting policies and procedures to comply with the new requirements
  • Balance scheduled/scheduled loan level portfolios, reporting monthly balances and remittances due according to investor guidelines
  • Complete loan sale transactions for assigned investors
  • Prepare remittance wires for investors, advancing and refunding corporate funds as needed
  • Set up bank accounts and investor headers as needed
  • Submit turn around reports to master servicer for various investors resolving reporting discrepancies
  • Prepare and compare daily loan transfer and new loan boarding parameters
  • Set up and maintain investor information on secure server for electronic investor reporting
  • Escalate to management any deficiencies, problems, or concerns that might be a potential risk
  • Assist with special projects within the department


Requirements:
  • Experience with Mortgage Servicing a plus
  • Experience utilizing Fiserv a plus
  • Proficient to advanced computer skills including Microsoft Office (Word, Excel, Outlook) and Internet
  • Hands on experience with most major areas of mortgage servicing including bank reconciliation and loan research
  • Knowledge of investor reporting and remitting requirements related to payoffs, repurchases, defaulted loans including loss mitigation liquidation such as short payoffs, loan modifications, foreclosures, bankruptcies and REO
  • Strong managerial accounting perspective
  • Ability to work in a fast paced changing environment
  • Prioritize work and effectively manage time
  • Must be a team player with strong attention to detail and able to work independently
  • Excellent critical thinking, problem solving, mathematical and sound judgment skills
  • Basic knowledge of relevant state, regulatory, and investor guidelines preferred
  • Prior experience with high volume data entry required
  • Excellent written and verbal communication skills
  • Ability to multitask
  • Excellent organization skills
  • Attention to detail
  • Must be able to work effectively and efficiently under pressure





This position offers a full range of benefits including Health, Dental, Vision and 401k.

Equal Opportunity Employer

M/F/Disability/Vet.

Member FDIC | Equal Housing Lender | NMLS ID 401285

Requirements

 

Job Snapshot

Location US-TX-Fort Worth
Employment Type Full-Time
Pay Type Hour
Pay Rate N/A
Store Type Banking
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Company Overview

Colonial Savings

Colonial is a national provider of banking, home loans and insurance. Founded in 1952, the company has $1 Billion in assets and is privately held by choice to ensure our focus remains on our customers and not the expectations of Wall Street. Colonial is rated “Five Stars – Highly Recommended” as one of the strongest financial institutions in the country by Bauer Financial, a leading analyst, and has earned Fannie Mae’s Four STAR award for customer service and foreclosure prevention, as well as the highest achieving STAR Performer for best practices in General Servicing, Collections/Loss Mitigation and Neighborhood Stabilization in 2014. Learn More

Contact Information

US-TX-Fort Worth
Colonial Savings
Snapshot
Colonial Savings
Company:
US-TX-Fort Worth
Location:
Full-Time
Employment Type:
Hour
Pay Type:
N/A
Pay Rate:
Banking
Store Type:

Description



The Investor Reporting Analyst I is responsible for coordinating all aspects within investor reporting to include remitting and accounting functions for multiple investor portfolios. Identify changes to investor reporting requirements, work with clients, and various departments while ensuring adherence to regulatory, investor, and company policy regulations.

Responsibilities Include:
  • Perform analysis of system cutoff activity and compare to the remittance methodology
  • Perform pool to security reconciliations and test of expected cash analysis
  • Quantify overages and shortages and take appropriate steps to clear variances
  • Prepare reports and remit funds associated with the monthly loan activity, payoffs, short sales, and other events to investors
  • Support management in the identification of reporting trends and analyze key deficiencies
  • Ability to research and clear reconciliation items in accordance with various remittance methods, investor contracts and compliance requirements
  • Monitor P&I custodial accounts to ensure no overdrafts occur
  • Manage relationships with GSE and non GSE representatives as it relates to servicing and investor accounting
  • Work with the Senior Compliance Analyst to be aware of new publications published by AllRegs and update investor accounting policies and procedures to comply with the new requirements
  • Balance scheduled/scheduled loan level portfolios, reporting monthly balances and remittances due according to investor guidelines
  • Complete loan sale transactions for assigned investors
  • Prepare remittance wires for investors, advancing and refunding corporate funds as needed
  • Set up bank accounts and investor headers as needed
  • Submit turn around reports to master servicer for various investors resolving reporting discrepancies
  • Prepare and compare daily loan transfer and new loan boarding parameters
  • Set up and maintain investor information on secure server for electronic investor reporting
  • Escalate to management any deficiencies, problems, or concerns that might be a potential risk
  • Assist with special projects within the department


Requirements:
  • Experience with Mortgage Servicing a plus
  • Experience utilizing Fiserv a plus
  • Proficient to advanced computer skills including Microsoft Office (Word, Excel, Outlook) and Internet
  • Hands on experience with most major areas of mortgage servicing including bank reconciliation and loan research
  • Knowledge of investor reporting and remitting requirements related to payoffs, repurchases, defaulted loans including loss mitigation liquidation such as short payoffs, loan modifications, foreclosures, bankruptcies and REO
  • Strong managerial accounting perspective
  • Ability to work in a fast paced changing environment
  • Prioritize work and effectively manage time
  • Must be a team player with strong attention to detail and able to work independently
  • Excellent critical thinking, problem solving, mathematical and sound judgment skills
  • Basic knowledge of relevant state, regulatory, and investor guidelines preferred
  • Prior experience with high volume data entry required
  • Excellent written and verbal communication skills
  • Ability to multitask
  • Excellent organization skills
  • Attention to detail
  • Must be able to work effectively and efficiently under pressure





This position offers a full range of benefits including Health, Dental, Vision and 401k.

Equal Opportunity Employer

M/F/Disability/Vet.

Member FDIC | Equal Housing Lender | NMLS ID 401285

Requirements

 
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Investor Reporting Analyst I Apply now