[Remote] Sr. Analyst Investor Reporting
Note: The job is a remote job and is open to candidates in USA. ServiceMac is a new sub-servicing entity focused on providing superior technology and services for the mortgage and real estate industries. The Sr. Analyst Investor Reporting will monitor reporting requirements, ensure compliance, and manage loan accounting oversight while training team members and improving processes.ResponsibilitiesMonitors various reporting and remittance requirements, triggers, and regulations to ensure complianceMaintains and enhances procedures and controls to mitigate operational riskIdentifies opportunities for process improvement and efficienciesManages day to day oversight of loan accounting for GNMA/FHLMC and FNMAEnsures efficient operation and team workflowTrains less experienced team members on nuances of investor mortgage accounting /reporting and vendor oversightResearches and resolves issues relating to reporting, remitting and reconciliationAggregates remittance reports, reconciles custodial accounts and remits calculated fundsOversees vendor reporting and remitting on the company’s mortgage loan servicing portfolio to the investors, reconciles Custodial accounts with medium to high risk/exposure to the Company, including GNMA, FNMA or FHLMCReviews investor remittance for accuracy and timeliness to avoid penaltiesWorks closely with the Investor Reporting team and default group to ensure processes align with investor guidelines and loan mitigation activity is accurately reportedEnsures proper set-up, sales, and release of loans to new customer on a timely basisEstablishes and maintains a close working relationship with Government-Sponsored Enterprise (GSE)/Investor representatives to ensure all issues and concerns are resolved in a timely mannerReviews and responds to all audit exam requests, internal, external, investor, regulatory and stateReviews payment applications for compliance with investor and Company guidelinesExpedites accurate and timely reporting and remittances for all investorsOversees audit requests for wire transfers to investors, ensuring adequate documentation, error free computations and accurate source and receiver information, including REG AB and USAP reporting and complianceOversees and performs analysis and reviews on new reporting formats and or proposed changes to reporting requirementsAssists in maintaining policies and procedures in accordance with company and Investor GuidelinesSkillsBachelor's degree or equivalent combination of education and experienceMay require advanced degree5-8 years of experience and/or training in an Investor Reporting mortgage servicing environmentMinimum of 5 years reporting and reconciliation experienceAbility to read, analyze, and interpret technical procedures, or government regulationsProficiency in writing reports, business correspondence, and procedure manualsAbility to effectively present information and respond to questions from groups of managers, clients and borrowersStrong understanding of the MSP Investor Reporting workstationCapacity to work with mathematical concepts such as probability and statistical inferenceAbility to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization existsAbility to interpret a variety of instructions furnished in written, oral, diagram, or schedule formStrong knowledge of all investor and agency guidelines with regard to investor reporting and accounting, payment application and custodial accountsGreat attention to detail and organizational skillsAbility to work in a team environmentStrong knowledge of FHA, VA, and USDA loan guidelinesStrong knowledge of Ginnie Mae, Fannie Mae or Freddie Mac servicing guidelines and remittance reportingExcellent written and verbal communication skillsExcellent interpersonal, relationship-building and teamwork skillsSelf-motivated; self-starterAbility to manage multiple tasks, respond quickly to emergent problems, and focus both on long-range projects and immediate tasksProficient in Microsoft Word, Excel and PowerPointBenefitsMedicalDentalVision401kPTO/paid sick leaveEmployee stock purchase planCompany OverviewFirst American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. It was founded in 1889, and is headquartered in Santa Ana, California, USA, with a workforce of 10001+ employees. Its website is http://www.firstam.com.