Sr Investor Accounting Analyst (On-site)

Coast One Mortgage; Coppell (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Health Savings Account with employer…

401(k) Retirement plan with employer (

Paid Maternity Leave/Parental Bonding/

Tuition & Certification reimbursement

Job summary

Newrez is seeking a Sr Investor Accounting Analyst to prepare and review monthly reconciliations for investor accounts, including FNMA, FHLMC, GNMA, and Private portfolios. The role guides junior staff and contributes to process documentation and automation.

The ideal candidate will have 5+ years in Mortgage Servicing with at least 2 years in Investor Accounting, strong Excel skills, and the ability to resolve exceptions efficiently while communicating with senior management.

Qualifications

• High School Diploma or equivalent required.
• Bachelor's Degree in Accounting or Finance preferred.
• 5+ years Mortgage Servicing experience, 2+ years Investor Accounting experience required.
• Strong communication skills and ability to research and resolve exceptions.

Responsibilities

• Prepare monthly cashbook and test of expected reconciliations for various investor custodial accounts, including Fannie Mae, Freddie Mac, Ginnie Mae, and Private portfolios.
• Review reconciliations performed by Investor Accounting Analyst and Investor Accounting Analyst II.
• Researches and resolves loan and account variances and clears accounts in accordance with investor and regulatory guidelines.
• Works with Investor Reporting team members to resolve items within the investors' accounts.
• Maintains and follows procedures and controls within the monthly process.
• Assists with internal and external audits.
• Heavy use of Microsoft Excel for data analysis and reporting.
• Attention to detail and strong organization skills important.
• Investigate, reconcile, and provide timely resolution to all investor issues and reconciliation exceptions.
• Research operational, reporting, or data issues and present solutions or process improvements to management.
• Develops and enhances operational procedures.
• Possesses an understanding of pooling and servicing agreements / GSE Servicing Guides.
• Handle ad-hoc reporting or research as directed by management.
• Performs related duties as assigned by management.

Skills

Strong communication skills

Analytical skills

Attention to detail

Time management

Education

Bachelor's degree in Accounting or Finance

High School Diploma or equivalent

Tools

Microsoft Excel

MS Word

PowerPoint

SQL

Job description

Who We Are At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact. Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Primary Function

The Sr Investor Accounting Analyst is responsible for preparing, and reviewing assigned monthly bank reconciliations of various clearing, PI, & TI custodial accounts for investors which could include FNMA, FHLMC, GNMA, or Private Portfolios. This person will be responsible for accounts with high levels of difficulty. The Sr Investor Accounting Analyst will provide guidance and oversight to less senior team members and help create and build process documentation, automation, and analytical insights to ensure that we are consistently providing best in class service to our investors and customers. Candidates must have strong communication skills and the ability to research and complete timely resolution to exceptions, including collaboration with internal business partners.

Principal Duties

• Prepare monthly cashbook and test of expected reconciliations for various investor custodial accounts, including Fannie Mae, Freddie Mac, Ginnie Mae, and Private portfolios.
• Review reconciliations performed by Investor Accounting Analyst and Investor Accounting Analyst II.
• Researches and resolves loan and account variances and clears accounts in accordance with investor and regulatory guidelines.
• Works with Investor Reporting team members to resolve items within the investors' accounts.
• Maintains and follows procedures and controls within the monthly process.
• Assists with internal and external audits.
• Heavy use of Microsoft excel for data analysis and reporting.
• Attention to detail and strong organization skills important.
• Investigate, reconcile, and provide timely resolution to all investor issues and reconciliation exceptions.
• Research operational, reporting, or data issues and present solutions or process improvements to management.
• Develops and enhances operational procedures.
• Possesses an understanding of pooling and servicing agreements / GSE Servicing Guides.
• Handle ad-hoc reporting or research as directed by management.
• Performs related duties as assigned by management.

Education and Experience Requirements

High School Diploma or equivalent required, Bachelor's Degree in Accounting or Finance preferred. 5+ years of Mortgage Servicing experience, 2+years prior Investor Accounting experience required.

Knowledge, Skill, and Ability Requirements

Knowledge of the GSE bank reconciliation process for test of expected cash, pool to security balancing, and clearing account balance. Advanced MS Excel experience required. Proficient in MS Word and PowerPoint. SQL or other database reporting experience preferred. Servicing Director knowledge a plus Strong problem solving and analytical skills. Proven ability to build strong relationships with stakeholders, learn quickly, be flexible and think strategically. Strong communication skills to interact with Senior Management and other business units. Working understanding of operational risks and related controls. Strong organizational and time management skills necessary. Ability to manage multiple tasks and shift priorities as appropriate to meet reporting deadlines and maintain reporting accuracy and analysis abilities with strong attention to detail. Self-motivated with strong attention to detail and excellent organization skills

Additional Information

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits

• Medical, dental, and vision insurance
• Health Savings Account with employer contribution
• 401(k) Retirement plan with employer match
• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
• Adoption Assistance
• Tuition & Certification reimbursement
• Employee Mortgage Loan Program
• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
• Newrez NOW: Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
• Matching Gifts Program - dollar-for-dollar up to $1,000
• Access to grants, nonprofit resources, and volunteer opportunities
• More than $6,000,000 donated since 2020
• 1 in 5 employees participates in at least one Employee Resource Group (ERG)
• Equal Employment Opportunity

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

CA Privacy Policy CA Notice at Collection The right company in the right industry. In both good economic times and bad, people need homes - and mortgages to buy them. We help these people every day buy homes or refinance their current mortgage loans. In addition to offering an in-demand product, there are two things you should know about us: We value and reward entrepreneurial spirit, and we are growing. Few lenders are as innovative, as financially solid, as managed and on track to become America’s leading lender as the Newrez Family of Companies. We deliver products and services that turn prospects into delighted customers —providing abundant opportunity for the great people who work here. These competitive advantages set us apart, and they’re why you can grow with us for the long term.