Investor Accounting Specialist

Trustmark Bank; Birmingham (AL); On-site; USD 55,000 - 75,000; Full time

Job summary

Trustmark Bank is seeking an Investor Reporting Specialist to support the Mortgage Servicing department. The role focuses on reporting, balancing, bank reconciliations, and remittance to investors.

The candidate will prepare reports, maintain accurate records, identify payment discrepancies, and provide analysis. Responsibilities include reconciling investor bank accounts, resolving variances, and ensuring timely month-end activity.

Qualifications

• Bachelor’s degree in Accounting required.
• 1 year mortgage servicing or investor reporting experience.
• Knowledge of GSEs (FHLMC, GNMA, FNMA).
• Proficiency with investor accounting principles, debits/credits, and bank reconciliations.
• Ability to work independently in a fast-paced, deadline-driven environment.
• Strong organizational skills and ability to manage multiple priorities.
• Excellent reporting, letter preparation and communications skills.
• Proficient in Excel and math; strong analytical abilities.
• Must pass 10-key, Word and Excel tests.

Responsibilities

• Conduct daily and monthly investor bank account reconciliations.
• Research and resolve variances in Investor Reporting applications.
• Ensure cash adjustments are researched and cleared by deadlines.
• Report loan modifications to investors for various loan types.
• Resolve investor rejects.
• Ensure monthly activity is completed timely with cutoff deadlines.
• Verify funds for investor remittances and advance funds as needed.
• Reconcile activities for GNMA, FNMA, FHLMC investors.
• Research and gather reports for audits.
• Reconciling disbursement account and outstanding checks.
• Perform additional duties as assigned.

Skills

Excel

10-key-by-touch

Mortgage software

Attention to detail

Analytical skills

Communication skills

Time management

Microsoft Word

PDF/Adobe tools

Education

Bachelor’s degree in Accounting

Tools

Mortgage loan software

PDF/Adobe

Job description

Overview

The Investor Reporting Specialist role is primarily responsible, under general supervision, for performing a number of accounting-related tasks in support of the Mortgage Servicing department, such as reporting, balancing, bank reconciliations and remitting financial figures to third-party investors, preparing reports, maintaining accurate records, identifying payment discrepancies, providing analysis, etc.

Responsibilities

• Conduct daily and monthly investor bank account reconciliations.
• Research and resolve all variances in Investor Reporting applications.
• Ensure all cash adjustments are researched and cleared by required deadlines.
• Report all loan modifications to investors for both traditional loans and other modifications.
• Resolve investor rejects.
• Ensure monthly activity is completed timely and accurately, and that each accounting cycle cutoff is completed by the required deadline.
• Verify funds are owed and available for investor principal and interest remittances, and advance funds when necessary.
• Reconcile actual activities against reported activities for in GSE investors such as GNMA (FHA/VA/USDA), FNMA, FHLMC.
• Research and gather reports and documentation requested for all Exams (Internal & External), Financial Audits, QC Audits and Investor Audits.
• Reconciling disbursement account and all outstanding checks.
• Perform additional duties as assigned.

Qualifications

• Bachelor’s degree in Accounting required
• Minimum 1 years' experience in residential mortgage in an accounting servicing with a focus on Investor Reporting or 1 year accounting work experience
• General knowledge of GSEs (FHLMC, GNMA(FHA/VA/USDA), FNMA)
• Strong knowledge and proficiency with investor accounting principles and concepts, including debits and credits, cash flow requirements, bank reconciliations, etc.
• Work independently in a fast-paced, deadline-driven environment
• Highly organized with the ability to manage multiple priorities; strong sense of urgency and responsiveness
• Strong detail orientation and highly organized; follows through on all open issues
• Apply analytical skills and sound judgment to assess impact on borrowers, investors, and the company
• Proven excellent reporting, letter preparation, group presentation and other related communications skills
• Sound judgment, ability to think critically
• Intermediate to advanced math and Excel skills
• Ability to use a 10-key by touch quickly and accurately
• Intermediate knowledge of Microsoft Word and PDF/Adobe program
• Proficiency in using and learning mortgage loan software
• Communicate and interpret complex information effectively in verbal and written forms
• Must successfully pass 10-key, Microsoft Word and Excel test

Physical Requirements/Working Conditions: Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note: This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.