Team Lead - Investor Accounting (On-Site)

Servicing•Coppell, TX

8d•Onsite

About The Position

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation. Primary Function Responsible for the group’s timely and accurate completion of P&I and T&I Custodial reconciliations, and is responsible for the implementation, maintenance, and communication of company policies and procedures. This position requires a high degree of discretion, sound judgment, initiative and knowledge of Investor Reporting guidelines. This position works with all levels of employees within the organization and requires strong organizational, communication, and planning skills. Principal Duties Reconcile P&I and T&I Custodial accounts on timely basis and within the Investor’s established guidelines (FNMA, FHLMC, GNMA, and PLS). Responsible for the training of new and current Investor Accounting analysts. Provide continuous feedback to staff. Review and approve P&I and T&I Custodial accounts and bring to Manager’s attention any exception items requiring special handling or analysis. Oversee process improvement initiatives, research projects with other departments, and company initiatives. Review current internal controls and implement approved procedures to correct any deficiencies. Work with upstream departments and the Investors to resolve any custodial variances. Assure that proper procedures are followed, and final resolution occurs. Ensure that Investor guidelines are adequately followed, and tracking reports are properly maintained. Research and gather reports and documentation requested for all audits. Performs related duties as assigned by supervisor. While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Requirements

College degree required
5-8 years Investor Accounting experience.
Organizational skills with attention to detail.
Ability to assess workload and workflow to prioritize functions to meet deadlines.
Strong written and verbal communication skills.
Strong PC skills (Excel)
Ability to work and interact with all levels in an organization
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Nice To Haves

Preferred knowledge of FHA, VA, and USDA loan guidelines.
Preferred knowledge of Fannie Mae, Freddie Mac, and Ginnie Mae servicing guidelines.

Responsibilities

Reconcile P&I and T&I Custodial accounts on timely basis and within the Investor’s established guidelines (FNMA, FHLMC, GNMA, and PLS).
Responsible for the training of new and current Investor Accounting analysts.
Provide continuous feedback to staff.
Review and approve P&I and T&I Custodial accounts and bring to Manager’s attention any exception items requiring special handling or analysis.
Oversee process improvement initiatives, research projects with other departments, and company initiatives.
Review current internal controls and implement approved procedures to correct any deficiencies.
Work with upstream departments and the Investors to resolve any custodial variances.
Assure that proper procedures are followed, and final resolution occurs.
Ensure that Investor guidelines are adequately followed, and tracking reports are properly maintained.
Research and gather reports and documentation requested for all audits.
Performs related duties as assigned by supervisor.

Benefits

Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
Newrez NOW: Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions