Investor Remittance & Reporting Analyst (Temporary Position)

Oriental Bank; United States; Hybride; USD 70 000 - 95 000; Plein temps

Résumé du poste

Oriental Bank is seeking a Mortgage Servicing Accountant to reconcile portfolios and manage remittance and system maintenance for investor servicing. The role covers GNMA, Fannie Mae, and Freddie Mac remittances, plus daily and monthly reporting and system maintenance across Horizon, IBS, and related tools.

The ideal candidate has 2+ years in investor accounting or servicing, strong Excel/analytical skills, and bilingual English/Spanish communication abilities.

Qualifications

• Two years of banking/mortgage experience in investor accounting/servicing or similar.
• Must master Microsoft Office Excel and related investor applications.
• Strong analytical and mathematical capabilities.
• Experience with mortgage servicing software such as Horizon, IBS, Cold Plus, VContent.
• Bilingual English/Spanish with strong written and verbal skills.

Responsabilités

• Reconcile mortgage collateral to security and test payment streams.
• Monitor cash movement in custodial accounts and prepare analyses.
• Prepare daily activity reports and resolve daily edits; manage remittance processes.
• Reconcile monthly reports and remit funds to investors via wires.
• Maintain mortgage loan systems for modifications, repurchases, and sales.

Connaissances

Microsoft Excel

Analytical skills

PowerPoint

Outlook

Investor applications

Spanish and English communication

Formation

Equivalent combination of education, training and experience

Outils

Horizon

IBS

Cold Plus

VContent

Description du poste

Responsible for Reporting, Remitting and Reconciling Mortgage Servicing Portfolios for Government Sponsor Entities such as Ginnie Mae, Freddie Mac and Fannie Mae. In addition, they analyze and process the Mortgage Loan System Maintenance for Modifications and Repurchases as well as process in the system whole loan sales or creation and sale of mortgage-backed securities.

MAJOR DUTIES & RESPONSIBILITIES:

• Reconcile Mortgage Collateral to Security, Test of Expected P& I, Trial Balance, 11710D, Disbursement Report, among other reports. Review cash position and Corporate Advances/Reimbursement. (GNMA - MBS S/S Remittance) Portfolios for own Servicing and Subservicing for MH.
• Monitor cash movement in Custodial DDA Accounts and prepare analysis that might assist reconciliation of accounts.
• Prepare daily activity report, reconcile and resolve daily edit reports. Review draft report, cash position and Corporate Advances/Reimbursements Reports. (FHLMC - S/A Remittance).
• Prepare and reconcile daily reports, resolve rejects and remit funds by Fannie Mae Cash Remittance System (CRS). Review cash position and Corporate Advances/Reimbursement for MBS Pools (FNMA - A/A Remittance and MBS Pools Remittance). Portfolios for own Servicing, Subservicing for MH and Service by Others
• Reconcile monthly cut off reports and Trial Balances. Report monthly activity to Investor either by email or by the Investor Official Web. Remit funds to Investors by wire (Other Private Investor - A/A Remittance).
• Perform mortgage loan system maintenances for transactions such as: Repurchases, Loan Sales, Modifications, Third parties Sales, REO, Deed in Lieu, Short Sales & Short Payoffs (Maintenance in both platforms for ML Horizon and IBS System).
• Preparation of Workday Journal Entries and Mass Maintenance for DDAs adjustments or fund transfer).

EDUCATION AND EXPERIENCE:

• At least two (2) years of banking/mortgage experience related to Investor Accounting/Servicing or relevant experience as an accountant/analyst in a financial institution.
• Minimum education and experience required can be substituted with the equivalent combination of education, training and experience that provides the required knowledge skills and abilities.
• Must dominate Microsoft Office Excel, computer oriented to manage Bank’s programs
• Must have strong analytical skills.
• Mortgage Servicing software's such as Horizon, IBS, Cold Plus, VContent
• Excellent analytical and mathematical skills
• Advanced skills in the use of Word, Excel, Power Point, Outlook, Internet Tools and other related investor’s applications.
• Good oral and written communication skills in Spanish and English

BANK SECRECY ACT

In the performance of their respective tasks and duties, employee will maintain knowledge of Bank Secrecy Act regulations and all other regulatory, security and bank policies and procedures.

PHYSICAL / WORK CONDITIONS

In the performance of respective tasks and duties, the employee is expected to successfully perform the essential functions of the position. Reasonable employee accommodations for physical or mental disabilities will be considered on a case-by-case basis. While performing duties the employee is required to sit, talk, hear, lift up to 20 lbs., and may be required to work evenings and/or weekends, attend remote meetings and/or to travel.

COMPANY CONFORMANCE

In the performance of respective tasks and duties, in accordance with the organizational & functional competencies models, the employee is expected to successfully perform quality work within deadlines with or without supervision, interact professionally with other employees, customers and suppliers; work effectively as a team contributor on all assignments and work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.

OTHER DUTIES

This job description in no way should be construed as a contract for employment. The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required for this job. Duties may be subject to change at any time due to reasonable accommodation or other reasons. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

WORK AUTHORIZATION & ELEGIBILITY

Legally authorized to work in the US is required. This position is of indefinite duration and requires candidates to have permanent or ongoing work authorization. Employee is responsible for maintaining eligible work authorization throughout his tenure with the organization. Oriental is an Equal Opportunity Employer (EEO/Affirmative Action for Veterans/Workers with Disabilities) Recruitment Privacy Statement Compliance Posters #LI-Hybrid

COMPANY CULTURE

This may be the opportunity to change your life and take your career to the next level. Oriental is a great place to work, grow and develop. Each employee is key in the company's success. Our team consists of an excellent group of people and we believe you could be one of them. We offer you the opportunity to work and be part of an organization that is dedicated to progress. We offer diverse employment opportunities that go from internships to executive positions. We recognize that our employees are the most important asset of our company, which is why we foster an environment of collaboration, based on trust and mutual respect. Our selection process promotes equal employment opportunity and does not discriminate on grounds of sex, color, age, social status, religious beliefs, veteran status or disability. Included is reference material including our recruitment privacy policy and any relevant labor laws we abide to: Compliance_Posters / Labor Laws Recruitment Privacy Policy Statement.

Esta puede ser la oportunidad que cambie tu vida y lleve tu carrera profesional a otro nivel. Oriental es un gran lugar para trabajar, crecer y desarrollarse. Cada empleado es nuestro factor clave en el éxito de la compañía. La mejor gente del mundo trabaja aquí y creemos que podrías ser uno de ellos. Oriental te ofrece la oportunidad de trabajar y ser parte de una organización que se dedica al progreso. En Oriental ofrecemos diversas oportunidades de empleo, que van desde internados hasta puestos directivos. Reconocemos que nuestros empleados son el activo más importante de nuestra compañía, es por esto que fomentamos un ambiente de colaboración, basado en la confianza, el respeto mutuo, al valorar las diferencias de cada empleado. Nuestro proceso de selección es uno que promueve la igualdad de oportunidades en el empleo y no discrimina por razón de sexo, color, edad, condición social, creencias religiosas, condición de veterano o incapacidad. A continuación material de referencia incluyendo nuestra política de privacidad y leyes laborales aplicables: Afiches de Cumplimiento/ Leyes Laborales Política de Privacidad de Reclutamiento.