Investor Accounting Analyst II (On-site)

Newrez LLC•Coppell, TX

3d•Onsite

About The Position

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation. Primary Function The Investor Accounting Analyst II is responsible for preparing assigned monthly bank reconciliations of various clearing, PI, & TI custodial accounts for investors which could include FNMA, FHLMC, GNMA, or Private Portfolios. The Investor Accounting Analyst II will be responsible for accounts with moderate and high levels of difficulty. This individual 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.

Requirements

High School Diploma or equivalent required, Bachelor's Degree in Accounting or Finance preferred.
2-4 years of Mortgage Servicing experience required; prior Investor Accounting experience preferred.
Advanced MS Excel experience required.
Strong math skills.
SQL or other database reporting experience preferred
Servicing Director knowledge a plus
Knowledge of basic accounting principles and practices
Solid analytical skills, particularly regarding assessing the probability and impact of an internal control weakness.
Working understanding of operational risks and related controls.
Strong organizational and time management skills necessary
Self-motivated with strong attention to detail and excellent organization skills
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Responsibilities

Prepare monthly cashbook and test of expected reconciliations for various investor custodial accounts, including Fannie Mae, Freddie Mac, Ginnie Mae, and Private portfolios.
Prepare monthly reconciliations of customer Escrow accounts.
Prepare daily / monthly reconciliations of Clearing accounts.
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.
Handle ad-hoc reporting or research as directed by management.
Calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals; locate routine mathematical errors; compute rate, ratio, and percent, including the drafting and interpretation of bar graphs.
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.
Performs related duties as assigned by management.

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
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
Newrez NOW: Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions