Investor Accounting & Reporting Associate - Grandbridge Real Estate

Truist; Atlanta (GA); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life Insurance

Disability insurance

401(k) plan

Vacation 10 days

Sick days 10

Paid holidays

Job summary

Truist is seeking an Investor Accounting and Reporting (IAR) Associate in the United States. The role involves posting payment and disbursement transactions to the loan servicing system, performing daily balancing, and ensuring accurate reporting under PSAs, TSAs, and CREFC IRP formats in a master servicer environment.

The candidate will handle ARM and Bond loan monitoring, autodraft records, and bank account administration while supporting the Investor Accounting & Reporting Manager in

Qualifications

• Good written and verbal communication skills.
• Ability to multi-task in a fast-paced environment with heavy interaction with teammates and clients.
• Strong organizational, time management and problem-solving skills.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Mortgage banking and accounting experience.

Responsibilities

• Process cash and non-cash transactions in the loan servicing application with accuracy.
• Generate and send all lender remittances and IRP/Agency reporting.
• Facilitate delivery of funds to external clients and third parties.
• Perform system balancing and cash management tasks.
• Conduct daily operations account reviews and high-volume DDA reviews.
• Monitor ARM and Bond loans for accurate billing and reporting.
• Maintain records for autodraft payments and rent refunds.
• Assist in development of Investor Reporting Analysts.

Skills

Communication skills

Time management

Organizational skills

Problem-solving

Team collaboration

MS Office proficiency

Mortgage banking experience

Accounting experience

Education

College degree or equivalent education

Tools

Enterprise Master Servicing

Job description

Regular or Temporary:

Regular

Language Fluency:

English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

The Investor Accounting and Reporting (IAR) Associate will post payment and disbursement transactions to the loan servicing application and timely remit and report all required payments in accordance with lender agreements. The IAR Associate will also perform daily balancing and loan accounting functions and other duties as assigned. Also, the IAR associate should understand PSAs, TSAs, CREFC IRP formats, reporting/remittance requirements, and compliance standards ( USAP, Regulation AB, agency guides, etc) in a primary servicer and master servicer role.

Essential Duties And Responsibilities

• Process cash and non-cash transactions in the loan servicing application, with a demonstrated ability to accurately complete more complex transactions.
• Generate and send all lender remittances and corresponding reporting for all lender types, including all IRP reporting (CMBS) and Agency reporting (FNMA, FHLMC, GNMA), with demonstrated ability to accurately remit and report on more complex lender types.
• Facilitate the delivery of funds to external clients and other third parties as required.
• Perform system balancing, clear cash exceptions and perform cash management functions.
• Perform daily operations account reviews as well as daily reviews on high-volume DDA’s.
• Monitor and review all Adjustable Rate Mortgage (ARM) loans to ensure accurate billing.
• Monitor and review all Bond loans to ensure accurate billing.
• Maintain accurate records for autodraft payments and excess rent refunds.
• Administer the opening and closing of bank accounts.
• Assist Investor Accounting & Reporting Manager in development of Investor Reporting Analysts.

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General Description of Available Benefits for Eligible Employees of Truist Financial Corporation:

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Required Qualifications

• College Degree or equivalent education and training.
• 4 years’ work related experience
• Good written and verbal communication skills.
• Ability to efficiently and consistently produce accurate and timely work product.
• Strong organizational, time management and problem-solving skills.
• Ability to multi-task in a fast paced environment with heavy interaction with teammates and clients.
• Ability to collaborate or work independently.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
• Mortgage banking and accounting experience.

Preferred Qualifications

• Commercial loan operations experience, with a strong preference for Master and/or Special servicing.
• 3 years or more Master servicing and reporting experience with a focus on CREFC IRP, Servicer Advancing, Appraisal Reduction Amounts, and non-recoverability determinations.
• Proficiency with industry system and tools (Enterprise! master servicing platform experience preferred)
• GSE servicing experience a plus
• General knowledge of commercial loan documentation, cash management, reconciliations, and risk management.
• Experience with complex or specialized third-party reporting – lender, fiscal agents, governmental lenders, etc.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace. EEO is the Law E-Verify IER Right to Work