Cash Operations Analyst

Two Harbors Investment Corp.; Fort Mill (SC); On-site; USD 55,000 - 90,000; Full time

Job summary

RoundPoint Mortgage Servicing LLC, part of Two Harbors Investment Corp., is seeking a Cash Operations Analyst in Fort Mill, SC. You will support the Cash and Investor Reporting team, handling transaction processing, exception analysis, and process-improvement initiatives in a fast-paced mortgage servicing environment.

Your work will involve monitoring high-volume daily transactions, ensuring accuracy, and collaborating with clients, investors, and vendors to deliver accurate reporting while

Qualifications

• BA/BS in accounting or related field with 3–5 years of experience.
• Advanced MS Excel proficiency.
• Intermediate MS Office proficiency.
• Ability to quickly learn new systems and processes.
• Strong data, research, and problem-solving skills; communicate insights.
• Excellent organizational skills and attention to detail.
• Professional communication with peers, vendors, investors.
• Ability to manage change and navigate a corporate structure.
• Desire to perform operational, analytical and governance activities.
• Motivation to take on additional work with limited direction.
• Understanding of servicing regulations and investor guidelines.
• Team-oriented, collaborative attitude.

Responsibilities

• Resolve account and portfolio issues while maintaining SLA compliance.
• Configure systems to support loan-servicing operations per client needs.
• Utilize available technologies to process transactions accurately.
• Analyze transactional data to identify discrepancies.
• Conduct root-cause analysis at account and process levels.
• Monitor daily 5000+ transactions affecting borrowers and regulators.
• Model and replicate complex issues to facilitate resolution.
• Collaborate with vendors and business units to align processes.
• Act as a contact for investors, clients, and internal teams.
• Support management with insights on trends, exceptions and controls.
• Assist with special projects to meet department goals.
• Maintain ongoing professional knowledge and RPMS compliance.

Skills

Advanced MS Excel

Intermediate MS Office

Data analysis

Problem solving

Attention to detail

Communication skills

Ability to learn new systems

Team collaboration

Education

BA/BS in accounting or related field

Tools

MS Office Suite

SQL (reading/writing)

Black Knight MSP

Job description

RoundPoint is a fully integrated, non-bank mortgage servicing company with offices located in Fort Mill, SC, Dallas, TX. Our lines of business include loan origination, loan servicing, and the purchase and sale of Mortgage Servicing Rights. As a Cash Operations Analyst within the loan servicing division, you will be supporting the Cash and Investor Reporting department expanding our capabilities to offer a best-in-class customer experience while managing large scale servicing acquisitions and transfers.

The Cash Operations Analyst assists the Cash and Investor Reporting department by performing tasks ranging from transaction processing, exception analysis to ensure account record accuracy, process improvement deliverables, account and process level root cause analysis, and vendor payment channel and process oversight to ensure adherence to regulatory guidelines. The Cash Operations Analyst will work closely with other teams across the organization to ensure compatibility of business processes. Finally, as part of the team, you will be looked towards to establish team culture, tools, processes, and to continuously build a better operating platform.

Responsibilities:

• Resolve account level and portfolio level issues and ensure exception volume and aging is maintained within SLAs, guidelines, and risk tolerances
• Ensure systems are optimally configured to support loan-servicing operations based on the needs of our clients, business partners and investors
• Leverage technologies available to process transactions accurately and efficiently
• Analyze transactional data to identify situations where actual results differ from expected results
• Conduct account and process level analysis utilizing knowledge of mortgage servicing processes to assist in process improvement initiatives
• Monitor automated business processes involving an average of 5000+ transactions daily that has impact on borrower credit, portfolio metrics, and regulatory requirements
• Isolate, model, and replicate complex issues using tools available to understand, present and resolve issues.
• Collaborate and interact with vendors and other business units to integrate internal and external processes
• Build strong relationships with investors, clients, and other internal customers by serving as a point of contact for deliverables, questions and issues
• Support management by providing qualitative insights to trends and exceptions, and process deficiencies, and assisting with the execution of enhancements and/or new controls
• Assist with special projects required to meet the department goals, objectives and any other duties as assigned to meet department goals and objectives
• Maintain professional and technical knowledge by attending educational workshops or classes; as well as completing internal training and development to meet all RPMS compliance requirements

Qualifications:

Required:

• BA/BS or 3-5 years’ experience in accounting or financial services related field.
• Advanced MS Excel proficiency
• Intermediate MS Office proficiency
• The ability to quickly learn new systems and business processes
• Proven data, research, and problem-solving skills, with the ability to synthesize information and communicate insights effectively
• Exceptional organizational skills, with a high attention to detail and the ability to keep track of both the high-level progress and the small details
• The ability to communicate in professional manner when dealing with peers of own department, vendors, inter-company contacts, and investors
• Ability to manage change and navigate company structure
• Desire to perform operational, analytical and governance related activities
• Motivation to draw in additional work with limited direction
• Capability to comprehend servicing regulations, investor guidelines, and other applicable agreements
• A team-oriented mindset, thriving in an environment that’s collaborative, challenges the status quo and celebrates change
• Ability to manage change and navigate company structure

Desired:

• Mortgage servicing background with Investor Accounting experience
• Certification from the Mortgage Bankers Association or other related professional organizations is a plus.
• Prior 3-5 years’ experience within the financial industry. Secondary Marketing experience desirable.
• MSP (Black Knight product) experience/knowledge is desired.
• Mortgage servicing background with Investor Accounting experience
• Certification from the Mortgage Bankers Association or other related professional organizations is a plus
• SQL reading or writing capabilities

Physical Demands & Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of their role.

• Ability to communicate effectively through speech and hearing, both in-person and over the phone.
• The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
• Remaining in a stationary position for extended periods, frequently sitting but occasionally involving standing or walking short distances; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
• Regular use of hands and fingers for tasks like keyboarding, operating office equipment, and filing documents.
• Ability to lift and move objects weighing up to 10 pounds, and potentially up to 20 pounds occasionally.
• Ability to observe details at close range, such as viewing a computer screen, reviewing documents, and performing data analysis.
• The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.

About RoundPoint Mortgage Servicing LLC

RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.

Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.

Location

• Fort Mill, SC

Employee Status

• Regular

Travel

• No

Telecommuter Position

• No