Servicing Accounting Vice President

External Brand; Irving (TX); On-site; USD 150,000 - 210,000; Full time

Job summary

Annaly Capital Management, Inc. is seeking a VP of Servicing Accounting to lead the MSR and sub-servicer data reconciliation efforts. The role emphasizes process leadership, cross-functional collaboration with technology and external partners, and strong TOEC expertise.

The position focuses on reviewing reports from subservicers, whole loan and securitization data, and cash positions settlement. A background in mortgage servicing platforms is highly preferred.

Qualifications

• 10+ years in Servicing Accounting/Investor Reporting or REIT Finance leadership.
• Strong reconciliation and research capabilities; ability to resolve issues quickly.
• Experience with mortgage servicing platforms is preferred.

Responsibilities

• Provide hands-on leadership within Servicing Accounting, ensuring deadlines and controls.
• Reconcile and investigate discrepancies in sub-servicer data versus internal/Agency systems.
• Propose system design enhancements for the Test of Expected Cash platform with IT.
• Collaborate with the Resi desk to reconcile securitization data and reports.
• Review and settle sub-servicer invoices, cash settlements, and reconciliations.
• Manage Investor Reporting Oversight program for MSR/RESI for accurate results.
• Identify data quality issues and work with tech to automate solutions.
• Coordinate with Servicing Oversight on contract reviews and control assessments.
• Cross-train team members to build depth and consistency.

Skills

Reconciliation

Analytical skills

Issue resolution

Data governance

Process improvement

Leadership (active)

Education

Bachelor's degree

Tools

MSP

LSAMS

SBO

SQL

Excel

INDEX/MATCH

SUMPRODUCT

XLOOKUP

Pivot Tables

Job description

About Us

Annaly Capital Management, Inc. (“Annaly” or, together with its wholly-owned subsidiaries, the “Company”), is a publicly traded real estate investment trust (REIT) with investment strategies across mortgage finance. Its common stock is listed on the New York Stock Exchange under the symbol “NLY”. Annaly’s wholly-owned subsidiaries include several regulated and licensed entities, including Annaly Credit Opportunities Management LLC, an SEC registered investment adviser (“ACOM”), Arcola Securities, Inc., a FINRA member broker-dealer (“Arcola”) and, Onslow Bay Financial LLC, a mortgage aggregator and master servicer (“Onslow Bay”). The Company is headquartered in New York, NY with an additional office in the Dallas-Fort‑Worth Metropolitan Area.

About This Role

The Servicing Accounting VP supports the Residential Credit and MSR business units by reconciling, reviewing, and overseeing subservicers’ financially related activities. Servicing Accounting team resides within the Finance Team at Annaly. Responsibilities span Test of Expected Cash, cash flow reconciliations, advance, repurchases and servicing transfer reconciliations and exceptions, data integrity, exception management, and oversight of investor reporting.

Mortgage Products are a high‑growth area for Annaly, requiring strong execution, scalable controls, and effective cross‑functional collaboration. The VP role sits directly under the Director level and carries elevated ownership, accountability, and leadership expectations within the REIT structure.

The ideal candidate independently drives work forward, identifies and implements process and automation improvements, and demonstrates creativity, resourcefulness, and tenacity in solving complex problems. Strong documentation discipline and reconciliation expertise are essential, along with the persistence to research and resolve issues to completion. This is not a passive people‑manager role- we are looking for a process leader, a VP who leads by doing, adds meaningful value through subject‑matter expertise, and collaborates effectively across business, technology, and external partners. This position is focused mainly on the Resi Credit portfolio, responsible for reviewing reports generated by OBF’s subservicer Investor Reporting teams, whole loan and securitization reconciliation and data quality reviews as well as settlement of cash positions with purchasers and servicers.

Essential Responsibilities

• Deliver hands on leadership within Servicing Accounting, ensuring deadlines are consistently met and that controls remain effective and continuously improved; oversee the review and approval of reconciliations and Investor Reporting files.
• Reconcile, review, and investigate discrepancies in Sub‑servicer remittance and cash posting data versus internal systems and external Agency systems (FNMA/FHLMC), facilitating prompt resolution of variances.
• Propose and implement system design enhancements for the internal Test of Expected Cash platform in collaboration with IT teams.
• Work with the Resi desk to review and reconcile securitization related data, generating reports and reconciliations to assist with securitization, collapse and reveler of private label securitizations.
• Review, reconcile, and settle Sub‑servicer invoices, cash settlements, and servicing transfer reconciliations.
• Administer Sub‑servicer Investor Reporting Oversight program for MSR and RESI to ensure effective Master Servicing Oversight and accurate results.
• Identify data quality issues and collaborate with technology teams to develop sustainable, automated solutions.
• Collaborate with Servicing Oversight on Sub Servicer surveillance, contract review, and control assessments
• Cross‑train team members to build depth, resiliency, and consistent execution

Qualifications/Requirements

• 10+ years of progressive experience in Servicing Accounting, Investor Reporting, Investor Accounting, and/or REIT Accounting or Finance leadership roles
• Strong reconciliation, analytical, and research skills, with a proven ability to resolve issues, exercise sound judgment, and adapt in a dynamic environment
• Advanced Microsoft Excel proficiency, including demonstrated experience with INDEX/MATCH, SUMPRODUCT, xlookup, pivot tables, and complex models
• Intermediate SQL skills, with hands‑on experience extracting, validating, and analyzing large data sets
• Ability to manage multiple concurrent priorities and projects in a fast‑paced, deadline‑driven environment
• Deep Test of Expected Cash (TOEC) reconciliation and research expertise, including variance analysis and root‑cause resolution
• Experience with mortgage servicing platforms is strongly preferred (e.g., MSP, LSAMS, SBO, or similar systems)

Eligibility Requirements

• Must be willing to work in Dallas, TX, on‑site three (3) days a week
• Bachelor’s degree required
• Must be willing to submit to a background investigation
• Must have unrestricted work authorization to work in the United States
• Must be willing to work additional hours as needed to complete deadline driven projects

Annaly is committed to equal employment opportunity and providing reasonable accommodations to qualified candidates and employees pursuant to applicable law. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you require reasonable accommodation as part of the application process, please contact our Human Resources department.

To learn more about Annaly Capital Management, Inc. please visit https://www.annaly.com | LinkedIn: www.linkedin.com/company/annaly-capital-management

To learn more about and Onslow Bay Financial, Inc., please visit https://www.onslowbayfinancial.com | LinkedIn: www.linkedin.com/company/onslow-bay-financial