Investor Accountant III
About The Position
PENNYMAC Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey. A Typical Day The Investor Accountant is responsible for completing medium to high complex monthly reporting and remitting for investors. As the Accountant, you must have a thorough understanding of the underlying governing documents (Agency and Private Investor Servicing Agreements, Regulation AB, USAP) for the assigned investor portfolio. The Investor Accountant will: Create monthly investor reporting packages with medium to high complexity and manage the associated remittances to investors Review and interpret reporting requirements for assigned deals and create step sheets. Provide feedback to management on requirements outside of the normal business process Balance and reconcile investor remittances; verify funds availability for P&I remittances Complete medium to high complex Test of Expected Principal and Interest analyses and clear exception items timely Complete custodial bank reconciliations with medium to high complexity Performs other related duties and assist with projects as required Demonstrate behaviors which are aligned with the organization's culture and values
Requirements
- Bachelor's degree or equivalent work experience
- 7+ years mortgage industry / financial services experience
- 5+ years Investor Reporting experience including GSE and private MBS reporting & remitting
- Proficient knowledge in Access, MS SQL preferred
Responsibilities
- Create monthly investor reporting packages with medium to high complexity and manage the associated remittances to investors
- Review and interpret reporting requirements for assigned deals and create step sheets.
- Provide feedback to management on requirements outside of the normal business process
- Balance and reconcile investor remittances; verify funds availability for P&I remittances
- Complete medium to high complex Test of Expected Principal and Interest analyses and clear exception items timely
- Complete custodial bank reconciliations with medium to high complexity
- Performs other related duties and assist with projects as required
- Demonstrate behaviors which are aligned with the organization's culture and values
Benefits
- Comprehensive Medical, Dental, and Vision
- Paid Time Off Programs including vacation, holidays, illness, and parental leave
- Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
- Retirement benefits, life insurance, 401k match, and tuition reimbursement
- Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Real Estate
Number of Employees
1,001-5,000 employees
