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Senior Investor Reporting Analyst

2 months ago


Oklahoma City, United States Selene Finance Full time

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Senior Investor Reporting Analyst

Apply

locations

Remote - Open

time type

Full time

posted on

Posted 3 Days Ago

job requisition id

JR110472

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you Job Title:

Senior Investor Reporting Analyst Position Summary:

Ensures that activities, balances, payments and reporting are carried out in a controlled, timely and accurate manner while working with all Investor portfolios, including private and government sponsored enterprises. Essential Duties and Responsibilities

include the following. Other duties may be assigned. Prepares accurate reporting and remitting in accordance with the Investor’s guidelines (includes daily, monthly, and interim reporting and remitting obligations).

Reconciles actual activity to reported activity. Compares loan resolution data reports against the modification agreements to ensure accuracy of adjustments reported on the interim and monthly remittance reports. Prepares reports and remit funds associated with payoffs, short sales and all other interim events to Investors. Performs pool to security reconciliation and test of cash. Establishes and maintains pool headers in the MSP servicing system. Ensures advances are made in a timely and accurate manner. Processes monthly fees of interest loss from payoffs and curtailments and guaranty fees charged by the Investor. Researches, resolves and documents all variances in the Investor Reporting application (e.g., MSP system, internal reporting systems, Freddie Mac Portal, Fannie Mae Portal, Ginnie Mae Portal). Maintains copies and tracks all trailing adjustments from various sources to report to the Investor within the given month. Assists bank reconciliation staff with balancing of custodial accounts. Monitors P&I custodial accounts to ensure that no overdrafts occur.

Establishes and manages effective relations with the Investors’ reporting and remitting counterparts. Compiles and reconciles remittance reports of loans serviced by prior servicer during transition of loans to Selene. Prepares and maintains detailed written procedures for each investor. Reviews new servicing agreements to ensure compliance with reporting and remitting requirements. Prepares reports required by regulatory agencies. Assists with internal and external audit requests for information and related audits. Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily with the ability to prioritize and maintain a large volume of multi-faceted work. Also required is the ability to be flexible and adapt to a fast-paced and changing business environment. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Competencies:

To perform the job successfully, an individual should demonstrate the following: Adaptability

- Adapts to changes in the work environment; Manages competing demands; Changes approach or method to best fit the situation; Able to deal with frequent change, delays, or unexpected events. Communications

– Expresses ideas and thoughts verbally. Expresses ideas and thoughts in written form. Exhibits good listening and comprehension. Keeps others adequately informed. Selects and uses appropriate communication methods. Continuous Learning

– Assesses own strengths and weaknesses. Seeks feedback to improve performance. Pursues training and development opportunities. Strives to continuously build knowledge and skills. Shares expertise with others. Customer Service

- Manages difficult or emotional customer situations; Responds promptly to customer needs; Solicits customer feedback to improve service; Responds to requests for service and assistance; Meets commitments. Problem Solving

- Identifies and resolves problems in a timely manner; Gathers and analyzes information skillfully; Develops alternative solutions; Works well in group problem solving situations; Uses reason even when dealing with emotional topics. Teamwork

- Balances team and individual responsibilities; Exhibits objectivity and openness to others' views; Gives and welcomes feedback; Contributes to building a positive team spirit; Puts success of team above own interests; Able to build morale and group commitments to goals and objectives; Supports everyone's efforts to succeed; Recognizes accomplishments of other team members. Education/Experience: Requires a high school diploma or general education degree (GED); Bachelor's degree (B. A.) in Accounting or Finance from four-year college or university a plus. Three to five years pertinent experience in investor reporting and remitting, with preferred experience with in government sponsored enterprises reporting and remitting obligations (e.g., Ginnie Mae, Fannie Mae, Freddie Mac). A demonstrated understanding of various remittance methods which includes Actual/Actual, Schedule/Schedule and

Schedule/Actual.

Hands-on experience within most major areas of residential mortgage servicing using the MSP servicing system, including payment processing, bank reconciliations, and loan resolution (e.g., loan forbearance, loan modifications, short sales, bankruptcy, foreclosure, real estate owned (REO). Language Ability: Ability to read, analyze, and interpret investor guidelines, financial reports, and legal documents. Ability to respond to common inquiries or complaints from Investors, regulatory agencies, or members of the business community. Math Ability: Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations. Reasoning Ability: Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form. Computer Skills: Microsoft Office; the MSP servicing system; strong knowledge of modeling and analysis spreadsheet software (Excel). Certificates and Licenses: N/A Supervisory Responsibilities: This job has no supervisory responsibilities at this time although it is anticipated the position may have supervisory responsibilities as the company grows. Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This position works in a typical office environment with moderate noise levels. Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The employee is regularly required to sit while working at a desk, occasionally standing, walking, and using hands to lift and/or move up to 10 pounds. May also climb or balance; stoop, kneel, crouch or crawl. Needs to be able to talk and hear, but no special vision is required beyond the ability to see in order to read. The above job description is not intended to be an all-inclusive list of duties and standards of the position. Incumbents will follow any other instructions, and perform any other related duties, as assigned by their supervisor. Why Selene?

Benefits Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes: Paid Time Off (PTO)

Medical, Dental &Vision

Employee Assistance Program

Flexible Spending Account

Health Savings Account

Paid Holidays

Company paid Life Insurance

Matching 401(k) Plan

The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs. Privacy Policy - Selene

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Senior Investor Reporting Analyst

locations

Remote - Open

time type

Full time

posted on

Posted 23 Days Ago Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you

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