Investor Accountant

MidFirst Bank • Oklahoma City, OK

23d

About The Position

The Investor Accountant will be directly responsible for the preparation and distribution of monthly reporting and remittances submitted to Midland Mortgage’s investors. Monthly Responsibilities: Prepare, reconcile and validate monthly reporting submitted to Ginnie Mae, Freddie Mac, Fannie Mae and private investors. Identify discrepancies between system reports and investor expectations, root causes for the discrepancies and solutions to resolve discrepancies. Escalate issues to Investor Reporting management. Ensure that remittances to investor occur by Investor deadlines. Initiate investor wires, when required. Prepare monthly loan level reports for pool issuance and pool buyouts. Monitor daily cash activity to ensure the accuracy of credits and debits occurring in investor custodial accounts. Create journal entries as needed to complete Investor Reporting processes. Monitor monthly corporate principal and interest advances and create journal entries to recover them in a timely manner.

Requirements

• Bachelor’s degree in Accounting or Finance (or related field) with a minimum GPA of 3.25 or 3-5 years of mortgage servicing experience with a college degree.
• Must be organized, possess the ability to prioritize tasks and meet regular established deadlines.
• Ability to suggest solutions when problems are identified.
• Ability to understand and execute basic accounting and finance concepts.
• Strong technical skills in Microsoft Excel and Access.
• Strong written and verbal communication skills.
• Must be reliable with a strong work ethic.
• Some overtime is required.
• A copy of your transcript will be requested for consideration, so if possible, please upload it with your application.

Responsibilities

• Prepare, reconcile and validate monthly reporting submitted to Ginnie Mae, Freddie Mac, Fannie Mae and private investors.
• Identify discrepancies between system reports and investor expectations, root causes for the discrepancies and solutions to resolve discrepancies.
• Escalate issues to Investor Reporting management.
• Ensure that remittances to investor occur by Investor deadlines.
• Initiate investor wires, when required.
• Prepare monthly loan level reports for pool issuance and pool buyouts.
• Monitor daily cash activity to ensure the accuracy of credits and debits occurring in investor custodial accounts.
• Create journal entries as needed to complete Investor Reporting processes.
• Monitor monthly corporate principal and interest advances and create journal entries to recover them in a timely manner.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level