Team Lead - Investor Accounting (On-Site)

Newrez LLC•Coppell, TX

17d•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. Additional Information: 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. 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. Company Benefits: Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them! 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 Equal Employment Opportunity We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better. CA Privacy Policy CA Notice at Collection The right company in the right industry. In both good economic times and bad, people need homes - and mortgages to buy them. We help these people every day buy homes or refinance their current mortgage loans. In addition to offering an in-demand product, there are two things you should know about us: We value and reward entrepreneurial spirit, and we are growing. Few lenders are as innovative, as financially solid, as well managed and on track to become America’s leading lender as the Newrez Family of Companies. We deliver products and services that turn prospects into delighted customers —providing abundant opportunity for the great people who work here. These competitive advantages set us apart, and they’re why you can grow with us for the long term.

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