Investor Accounting Specialist

Mechanics Bank•Federal Way, WA

5d•Onsite

About The Position

Mechanics Bank is currently searching for a Investor Accounting Specialist to join our team. This role will be working on-site. The Investor Accounting Specialist is responsible for meeting investor reporting and remitting requirements as well as internal and external audit requests. The Investor Accounting Specialist works with the requirements of the three major investors (Fannie Mae, Ginnie Mae, and Freddie Mac) and various miscellaneous and private investors, while providing a high level of service to all internal and external customers and investors.

Requirements

High School or GED required.
3 years minimum Mortgage Loan Servicing or Investor Accounting experience, or related experience required.
Experience and familiarity with BKFS or similar Service Bureau Accounting system.
Excellent communication skills: verbal and written.
Ability to compose and type professional business letters.
Excellent attention to accuracy and detail; aptitude for recognizing and resolving potential problem situations.
Strong problem solving and organizational skills.
Be able to work easily with established cut-off dates, adhere to strict deadlines and work under pressure.
Take direction well, listen, be a quick learner, ask questions, and take constructive suggestions.

Responsibilities

Responsible for accurate and timely reporting and remittance to investors. Number of investors and type of investors may change periodically. This includes assigning investor numbers, setting up headers, preparing appropriate investor reports, reconciling investor cutoff clearing exceptions, and wiring, depositing, or mailing remittance funds to investors.
Complete corporate and custodial bank account reconciliations each month. Include documentation to support differences, reconciling items and adjustments in addition to pre-escheatment processes for stale dated checks.
Interpret, implement and document new procedures from ICE/BKFS, regulatory agencies or investors.
Know and be able to perform functions relating to repurchases, buyouts, interest credits, investor changes, set up and deletion of bank accounts, annual statements and financials, as well as general day-to-day interaction with the investors, their agents or contractors for the investors.
Perform other duties as assigned.

Benefits

Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays
paid Sick days (accrual of one hour for every 30 hours worked)
up to 25 paid vacation days
16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account
Discounted rates on primary residence loan with $0 origination fees (restrictions apply)