Senior Accountant, Investor Reporting - GSE in Mount Laurel Township, NJ at PHH Mortgage Corporation

Date Posted: 11/4/2019

Job Snapshot

Job Description

Description

Position Summary:

Perform a variety of duties pertaining to financial reporting and remittance. Manage GSE (Fannie Mae, Freddie Mac, Ginnie Mae) investor portfolios and investor relationships. Conduct complex analysis and research, formulate corrective strategies and document routine post mortem reviews on new investor relationships.

Job Functions and Responsibilities:

 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily:

  • Prepare monthly reporting schedules and remittance requirements for investor portfolios in accordance with contractual terms and conditions.
  • Review, assess and communicate Agency guideline changes and complete impact analysis including required changes to existing procedures.
  • Lead monthly calls with Investors, Master Servicers and Third Party Vendors to ensure consistent service level agreements and address issues
  • Perform root cause analysis on aged reconciling items and complete required remediation including identifying other business owners required remediation and required changes in process to avoid recurrence
  • Prepare daily, weekly or monthly reporting schedules and remittance requirements for investor portfolios in accordance with contractual terms and conditions
  • Prepare accrual journal entries
  • Prepare billable schedules for advances and servicing revenue
  • Respond to inquiries in connection with internal and external reviews and prepare responses
  • Support training initiatives for other members of the team
  • Recommend decisions that have a direct impact on activities and controls of the department

Key Result Areas:

 

This section is generally for higher complexity and management roles.  It should be used to highlight key deliverables for the person in the role:

  • Strong verbal and written communication skills
  • Analytical, with an ability to identify and resolve problems
  • Well organized, paying close attention to detail
  • Ability to manage multiple priorities in a timely manner
  • Operates effectively in a team environment as well as independently
  • Knowledge of mortgage banking and Government Sponsored Enterprise (GSE) guidelines preferred

Qualifications

Qualifications:

               

To perform this job successfully, an individual must have the following education and/or experience:

  • Bachelor’s degree in finance/accounting plus two (2) years of experience as an Investor Accountant or a High School diploma or equivalent plus five (5) years of experience in mortgage servicing investor accounting with at least two (2) of those years functioning as an Investor Accountant required.
  • Proficient with Microsoft Office products (e.g. Word, Excel, Outlook, Powerpoint, etc.)
  • Proficiency with Mortgage Servicing Platforms (e.g. Black Knight, LPS, etc.) preferred

Training / Licensing Requirements: (only add if needed)

  • Must pass the Company’s Background Screening process prior to beginning employment.  Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.

 

Company Summary:

 

 

Headquartered in Mount Laurel, New Jersey, PHH has been providing mortgage lending and servicing solutions since 1984 and is dedicated to responsible and ethical practices while delivering an exceptional customer experience. We strictly focus on subservicing and portfolio retention allowing our diverse professional clients – representing some of the largest and most recognizable financial and wealth management institutions, investors of MSRs, regional and community banks, and credit unions – to concentrate on their core businesses, while providing borrowers with exceptional customer service throughout the life of their loans.

Adhering to the highest levels of risk and compliance, built to bank-like standards, we build relationships with our clients and their customers to promote a philosophy of retaining “customers for life.” We strive to be a natural extension of each client’s team, helping them to keep their expenses down, borrowers satisfied and service levels up while meeting today’s regulatory demands and changing market conditions.

 

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.


Primary Location
US-NJ-Mount Laurel

Job
Residential Servicing

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