Investor Accounting Analyst II
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Monthly Salary:
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
Description
Position at loanDepot
Position Summary:
Responsible for supporting the investor accounting department in a mortgage loan servicing environment under direct supervision of the Manager Investor Accounting. Ensures the performance of all duties in accordance with the companys policies and procedures all U.S. state and federal laws and regulations wherein the company operates.
Responsibilities:
- Reconciles Principal & Interest (P&I) and Taxes & Insurance (T&I) custodial accounts clearing account and balance sheet accounts for investors to include Fannie Mae Freddie Mac and Ginnie Mae.
- Performs service release reconciliation for whole loan sales. Transfer of funds in accordance with reconciliation.
- Manages reconciliation on Escrow Disbursement account tracking outstanding checks and process escheatment as checks become aged.
- Completes necessary research to ensure resolution of reconciling items and assists other departments in resolving issues.
- Continuously reviews processes and procedures and makes recommendations to manager to improve the quality and service.
- Assists as needed with reporting loan-level and/or pool level data and remit funds to Investors on a daily weekly biweekly and/or monthly basis.
- Ability to make decisions that have moderate impact on the immediate work unit and cross functional departments.
- Demonstrates knowledge of bank reconciliation process for test of expected cash pool to security balancing and clearing account balancing.
- Executes the above duties in accordance to investors guidelines/timelines.
Requirements:
- Investor Accounting Analyst experience highly preferred.
- Knowledge of MSP/BK mortgage servicing platform preferred.
- Knowledge of MS Excel and knowledge of Excel formulas and functions to include V-Lookup Concatenating formulas Conditional Formatting and Pivot Tables.
- Strong analytical skills excellent math aptitude and SQL.
- Ability to deal with complex difficult problems involving multiple facets and variables in non-standardized situations.
- Exceptional verbal written and interpersonal communication skills.
- Bachelors Degree preferred.
Why work for #teamloanDepot:
- Compensation package based on experience and skill set.
- Inclusive diverse and collaborative culture where people from all backgrounds can thrive.
- Work with other passionate purposeful and customer-centric people.
- Extensive internal growth and professional development opportunities including tuition reimbursement.
- Comprehensive benefits package including Medical/Dental/Vision.
- Wellness program to support both mental and physical health.
- Generous paid time off for both exempt and non-exempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010 loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier faster and less stressful to purchase or refinance a home. Today loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of lifes most complex transactions. With headquarters in Southern California and offices nationwide loanDepot is committed to serving the communities in which its team lives and works through a variety of local regional and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $30/hr and $37/hr. Your base pay will depend on multiple individualized factors including your job-related knowledge/skills qualifications experience and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race religion color national origin gender sexual orientation age marital status veteran status or disability status.
Required Experience:
IC
Key Skills
- Internal Audit
- Accounting Tally
- Data Entry
- Compliance
- Accounting & Finance
- Oracle database
- GAAP
- General Ledger Accounting
- Communication
- External Audit
- MySQL
- MS SQL
- Microsoft offices
- Financial statement
- ACCA
About Company
Apply for your mortgage or refinance online with loanDepot. Trust the second largest non-bank lender in the country to provide you with quality mortgage lending and refinance services in all 50 states.
