Mortgage Loan Servicing Analyst

Wings Credit Union•Colorado Springs, CO

23h•$29 - $34•Onsite

About The Position

The primary function of this position is to report loan level data to investors for sold loans, clear investor rejects and perform reconciliations for general ledgers and custodial accounts per investor guidelines and accounting policies. Additional responsibilities include performing morning and evening department balancing, researching and correcting general ledger outages, annual disclosures and tax disbursements in accordance with Fannie Mae, VA and FHA servicing guidelines, federal lending regulations, The Consumer Financial Protection Bureau requirements and Credit Union Policies and Procedures. This position will also provide support to the Supervisor of Mortgage Servicing Technical Consulting on a variety of tasks as needed.

Requirements

2+ years' relevant lending or accounting experience.
Working Knowledge of Mortgage Lending business terminology and process flow.
Working knowledge of 1st mortgage products.
Working knowledge of investor selling and servicing guidelines.
Working knowledge of lending regulations and Consumer Financial Protection Bureau requirements.
Ability to read and understand documents such as purchase contracts and appraisals.
Ability to effectively analyze issues and create positive outcomes for all interested parties within the required regulations.
Ability to anticipate impact of actions and how to properly resolve additional issues.
Ability to prioritize/manage workload and allocate resources.
Organized, detail oriented, flexible and able to multi-task in an ever-changing environment.
Display positive, professional demeanor and work independently with little supervision.
Self-motivated.
Initiative to meet and/or exceed job standards and willingness to take on other tasks that support the goals of the Credit Union.
Effective verbal and written communication and interpersonal skills.
Basic competency with Microsoft Word and Excel or similar programs.
Analytical and mathematical skills.

Nice To Haves

Bachelor's Degree in Business, Accounting, Finance, Economics, Mathematics, Statistic, Information Systems, or Data Analytics.
2+ years' financial/business analyst experience.
2+ years' accounting experience.
1+ years' first mortgage or HELOC servicing experience.

Responsibilities

Provide daily and monthly loan activity, research and resolve rejects, and perform monthly reconciliation of investor and custodial accounts.
Perform morning and/or evening balancing functions and research, resolve and correct general ledger outages.
Assist Supervisor with various tasks such as release testing, compliance research, creating and/or updating P&Ps, projects, training & development, and quality control.
Perform annual functions such as Escrow Analysis, FHA and PMI Disclosures, and Property Tax Reconciliation and Disbursement in accordance with Federal Lending Regulations and The Consumer Financial Protection Bureau.
Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.