Loan Reconciliation Analyst II

Pennymac • Carrollton, TX

4d • Onsite

About The Position

The Loan Reconciliation Analyst will perform comprehensive loan file reviews once all expected proceeds and settlements have been received. As the Reconciliation Analyst, you will utilize in-depth knowledge of all required investor, insurer, and internal guidelines, ensuring all were met in a timely manner, and that the claim payment made by the investor and insurer was appropriate based on what Pennymac was entitled to receive.

Requirements

• Bachelor’s degree or equivalent work experience
• 3+ years of mortgage industry experience
• Must be experienced in Microsoft Office Suite and highly proficient in Excel

Nice To Haves

• Default Servicing experience a plus, not required

Responsibilities

• Review completed loan files to validate that all required investor, insurer, and/or Pennymac guidelines were met in a timely manner
• Reconcile financial transactions to ensure maximum recovery
• Conduct a complete accounting of loan losses including attribution to loss cause/reason and LOB if applicable
• Identify and process supplemental claims with the insured or vendors, when warranted
• Identify and process reimbursements when it has been determined that PNMAC received excess funds
• Consult with various business units to identify risk or exposure to losses and develop procedural recommendations
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree