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Investor Reporting Analyst II

Description



The Investor Reporting Analyst II will assist the Investor Reporting Supervisor with training new hires, assist with out of balance investor accounts and investor escalations. Insure policies and procedures are maintained and updated in accordance with regulatory, investor, and company guidelines. Adherence to investor guidelines including daily, monthly, and interim reporting, remitting, and reconciling obligations. Responsible for the accurate and timely monthly reporting, remittance and reconciliation of GSE servicing in accordance with investor guidelines.

Responsibilities Include:
  • Reconciling, reporting and remitting to various investors of single family residential mortgages including private label securitizations, Fannie Mae, Freddie Mac and/or Ginnie Mae
  • Responsible for pool to security reconciliation, minimum P&I cash reconciliation, and test of expected cash analysis
  • Prepare status reports for monthly matrix
  • Prepare wire and GL entries
  • Balance scheduled/scheduled loan level portfolios, reporting monthly balances and remittances due according to investor guidelines
  • Perform analysis of system cutoff activity and compare to the remittance methodology
  • 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
  • Manage relationships with GSE and non GSE representatives as it relates to servicing and investor accounting
  • Prepare remittance wires for investors for special investors, advancing and refunding corporate funds as needed
  • Set-up and maintain investor/pool headers, calendaring or related cutoffs
  • Administer new investor header setup including new headers, custodial accounts, and billing reports
  • Submit turn around reports to master servicer for various investors resolving reporting discrepancies
  • Effectively analyze, research and work with internal and external business partners for timely and accurate identification and resolution of exceptions
  • Escalate to management any deficiencies, problems, or concerns that might be a potential risk
  • 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
  • Review, monitor and understand servicing agreements in order to assure compliance and efficiency for delivery of funds and reporting
  • Responsible for compliance with all GSE guidelines
  • Report and maintain monthly Key Risk and Key Performance reporting indicators
  • Assist with special projects within the department


Requirements:
  • Experience with Mortgage Servicing a plus
  • 2+ Years' experience in Investor Reporting, remitting, and reconciliation on GSE and/or schedule/schedule investors
  • 2+ Years' experience working with investors
  • 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
  • Ability to research and clear reconciliation items in accordance with various remittance methods, investor contracts and compliance requirements
  • Strong analytical skills
  • 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 II will assist the Investor Reporting Supervisor with training new hires, assist with out of balance investor accounts and investor escalations. Insure policies and procedures are maintained and updated in accordance with regulatory, investor, and company guidelines. Adherence to investor guidelines including daily, monthly, and interim reporting, remitting, and reconciling obligations. Responsible for the accurate and timely monthly reporting, remittance and reconciliation of GSE servicing in accordance with investor guidelines.

Responsibilities Include:
  • Reconciling, reporting and remitting to various investors of single family residential mortgages including private label securitizations, Fannie Mae, Freddie Mac and/or Ginnie Mae
  • Responsible for pool to security reconciliation, minimum P&I cash reconciliation, and test of expected cash analysis
  • Prepare status reports for monthly matrix
  • Prepare wire and GL entries
  • Balance scheduled/scheduled loan level portfolios, reporting monthly balances and remittances due according to investor guidelines
  • Perform analysis of system cutoff activity and compare to the remittance methodology
  • 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
  • Manage relationships with GSE and non GSE representatives as it relates to servicing and investor accounting
  • Prepare remittance wires for investors for special investors, advancing and refunding corporate funds as needed
  • Set-up and maintain investor/pool headers, calendaring or related cutoffs
  • Administer new investor header setup including new headers, custodial accounts, and billing reports
  • Submit turn around reports to master servicer for various investors resolving reporting discrepancies
  • Effectively analyze, research and work with internal and external business partners for timely and accurate identification and resolution of exceptions
  • Escalate to management any deficiencies, problems, or concerns that might be a potential risk
  • 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
  • Review, monitor and understand servicing agreements in order to assure compliance and efficiency for delivery of funds and reporting
  • Responsible for compliance with all GSE guidelines
  • Report and maintain monthly Key Risk and Key Performance reporting indicators
  • Assist with special projects within the department


Requirements:
  • Experience with Mortgage Servicing a plus
  • 2+ Years' experience in Investor Reporting, remitting, and reconciliation on GSE and/or schedule/schedule investors
  • 2+ Years' experience working with investors
  • 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
  • Ability to research and clear reconciliation items in accordance with various remittance methods, investor contracts and compliance requirements
  • Strong analytical skills
  • 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 II Apply now