Investor Reporting Accountant
About The Position
The Investor Reporting Accountant will be responsible for analyzing and validating all Investor related cash flows from the sub servicers to each of the Agency Investors along with Lakeview cash flows on the EBO and warehouse portfolios. Ensure that the sub-servicer is servicing the loans in accordance with FHA, VA, USDA, Fannie Mae, Freddie Mac, GNMA guides as well as Lakeview’s policies. Work closely with the Transaction Management Team, Sub Servicers and Seller’s to ensure P&I, escrow and corporate balances are settled and loaded timely to the servicing platform and the appropriate corporate general ledgers.
Requirements
- Bachelor’s degree in accounting or finance required however additional years of experience may substitute for degree requirement
- 2+ years of experience in mortgage servicing
- 1+ years of experience in Investor Accounting
- Proficient in Microsoft Office Suite Excel, PowerPoint, Word, and Access
- Working knowledge of mortgage loan servicing operations
- Working knowledge of investor/insurer guidelines and timeframes for default actions
- Working knowledge of loss mitigation/loan workout experience
- Efficient, detail-oriented, and highly organized.
- Strong written and communication skills
- Responsible for knowledge of investor/counter-party/seller/sub-servicer guides and contracts
Nice To Haves
- Recent college grads encouraged to apply
- Prefer MSP knowledge but not required
Responsibilities
- Ensure sub servicing reporting to the agencies and to Lakeview is timely and accurate
- Review monthly bank statements from the sub-servicers ensuring timely completion and no items aging greater than 90 days.
- Track resolution of Investor edits received from each of the agencies
- Work with sub servicers to ensure all shortage surplus items are resolved and funded timely
- Track, report and forecast monthly servicing advances to sr. management
- Assist with the posting and disbursement to the general ledger
- Balance all servicing acquisition cash flows between Lakeview, Sellers and Sub Servicers.
- Ensure balances are loaded on the appropriate servicing platforms and tie back to wires and the appropriate general ledgers
- Analyze sub servicer cash flows, identify control gaps or areas of risk and develop agreed upon action plans
- Conduct monthly loan level investor reviews ensuring compliance with all applicable agency, state, investor and regulatory rules and regulations.
- Provide monthly on-site support to sub-servicers when needed
- Assist sub-servicer and/or provide subject matter guidance to the appropriate business units on any agency, investor or Lakeview policy or guide changes.
- Other duties as assigned.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
