Mortgage Accounting Coordinator - Ridgeland, MS

BankPlus•Ridgeland, MS

13d

About The Position

The Mortgage Accounting Coordinator is responsible for accounting functions related to the acquisition, processing, closing, and purchase of mortgage loans, including reconciling mortgage accounting ledgers for financial accounting. The role also supports document management, regulatory compliance, interdepartmental mortgage operations, and departmental coverage as needed.

Requirements

A bachelor’s degree in a related discipline, or at least 4 years of professional office experience, including at least 1 year of direct accounting and/or bookkeeping experience.
Proficient computer experience with Microsoft Office Suite, including Excel, Word, and Outlook.
Excellent verbal and written communication skills.
Attention to detail and excellent clerical and organizational skills.
Ability to work in multiple software platforms.
Ability to work outside regular business hours as deemed necessary.

Responsibilities

Review and reconcile RMHS general ledgers daily, monthly, quarterly, and yearly, and track the status of outstanding balances.
Process daily purchase advices from each investor, complete loan disbursements, reconcile items to the general ledger, and generate payment letters to borrowers.
Correspond with investor contacts to resolve accounting discrepancies identified during reconciliation.
Reconcile the RMC bank statement and check inventory monthly, process miscellaneous wires, and issue checks for various purposes.
Manage miscellaneous fund disbursements and ensure accurate general ledger reconciliation.
Assist Mortgage Servicing and Loan Operations with general ledger reconciliation of repurchased loans.
Work with Mortgage Servicing and other mortgage departments on payoff reconciliations and assigned tasks.
Process and track monthly payment letters to borrowers while a loan is awaiting purchase on the secondary market.
Collaborate with the Mortgage Loan Administration Manager and Secondary Marketing Manager to fulfill audit requests and address bank accounting-related questions.
Update and maintain electronic storage requirements within the mortgage LOS and bank electronic storage to support accurate document management and regulatory compliance.
Provide backup support for the Mortgage Office Administrator as needed during absences.
Maintain knowledge of Bank products, services, policies, procedures, and applicable regulatory issues, including the Bank Secrecy Act, Privacy Act, Fair Lending Act, and Regulation E; complete required compliance training and follow the Bank’s standard of conduct.
Participate in the bank’s High-Performance Rewards Connections program.
Make referrals to the Mortgage Center and Wealth Management.