Sr. Investor Accounting Specialist

Mechanics Bank • Federal Way, WA

1d

About The Position

The Sr. Investor Accounting Specialist is responsible for meeting investor reporting and remitting requirements as well as internal and external audit requests. The Investor Accounting Specialist Senior works with the requirements of the three major investors (Fannie Mae, Ginnie Mae, and Freddie Mac) and various miscellaneous and private investors. Incumbents will provide a high level of service to all internal and external customers and investors. The Sr. Investor Accounting Specialist is able to handle in-depth and complex Investor reporting and reconciling issues and work with a high level of independence. Incumbents will participate in procedure reviews and department projects which recognizes additional training, skills, experience and performance in this position.

Requirements

• 2 Year / Associate Degree preferred. Additional experience may be considered in lieu of degree.
• Minimum 5 Years of experience preferred.
• Accounting experience or strong understanding of the concept of general accounting rules.
• Experience and familiarity with MSP or similar Service Bureau Accounting system.
• Advanced knowledge of Excel, Word and/or Access.
• Must be versatile, with ability to prioritize a number of duties at once.
• Basic keyboard, typing, 10-key by touch, and P/C experience.
• Have excellent communication skills, both written and verbal.
• Possess strong problem solving and organizational skills.

Nice To Haves

• Knowledge and experience with Windows, Excel and Word preferred.

Responsibilities

• Reporting, remitting and reconciliation for assigned investors.
• Monitor and/or reconcile investor custodial accounts and MSP clearing accounts.
• Assist with the review of the monthly reconciliations of investor custodial and clearing accounts for appropriate documentation and identification and resolution of differences.
• Complete all reporting, remitting and reconciliations according to established timeframes.
• Support department management in maintaining internal controls and regulatory compliance to include the following: Review new servicing agreements and research and implement procedures for new investors using knowledge of investor procedures, remittance and reporting requirements.
• Keep informed of current compliance issues and regulations to ensure controls are maintained on all existing and new products and services.
• Participate in and provide training in regulatory and compliance issues as needed.
• Develop and maintain appropriate written policies and procedures to facilitate compliance.
• Provide assistance, direction and leadership to Investor Accounting team when faced with reconciling items, procedure problems, new enhancements, and different technologies.
• Escalates issues to management as appropriate.
• Assist with research and development of a plan for the Investor piece of any loan conversion, acquisition or sale Mechanics Bank may be involved with.
• Coordinate gathering of documentation packages as required by internal/external auditors and submission of completed packages by requested deadlines.

Benefits

• Medical, prescription, dental, and vision coverage for employees and their eligible family members
• Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
• Health Savings Account with employer contribution
• Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
• 401(k) and Roth 401(k) with company contribution
• 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
• Supplemental Health plans, Voluntary Legal and Identity Theft Services
• 11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
• Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 501-1,000 employees