Senior ARMs Analyst
About The Position
About The Role: The Senior ARMs Analyst will be responsible for reviewing and auditing all financial terms of new loans, modifications, forbearance & reconciliations. Participate in all aspects of servicing the Adjustable-Rate loans including index tracking, review and analyze adjustable-rate loans and reports. Complete process maps and documentation of all processes within the department. What You'll Do: Review all new loans and prepare loan set-up specifications. System to note audit and review of adjustable rate and fixed rate loans post conversion. Review and prepare implementation instructions on modifications. Provide support to servicing departments/Asset Managers/Portfolio Managers in the analysis of Adjustable Rate/DIAL (Deferred Interest Accruing Loans)/modifications/complex reconciliations. Handle customer service issues regarding adjustable rate loans/modification/complex reconciliations. Review loan documents for adjustable rate criteria. Evaluate, analyze and calculate adjustable rate changes. Review adjustable rate reports to ensure accuracy and integrity. Print and mail adjustable rate change notifications as necessary. Review and test all adjustable rate logic in Beta test versions of Strategy. Review and complete documentation of processes within the ARM's Dept.
Responsibilities
- Review all new loans and prepare loan set-up specifications.
- System to note audit and review of adjustable rate and fixed rate loans post conversion.
- Review and prepare implementation instructions on modifications.
- Provide support to servicing departments/Asset Managers/Portfolio Managers in the analysis of Adjustable Rate/DIAL (Deferred Interest Accruing Loans)/modifications/complex reconciliations.
- Handle customer service issues regarding adjustable rate loans/modification/complex reconciliations.
- Review loan documents for adjustable rate criteria.
- Evaluate, analyze and calculate adjustable rate changes.
- Review adjustable rate reports to ensure accuracy and integrity.
- Print and mail adjustable rate change notifications as necessary.
- Review and test all adjustable rate logic in Beta test versions of Strategy.
- Review and complete documentation of processes within the ARM's Dept.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
