Mortgage Loan Accounting Specialist
4 weeks ago
Job Summary:
We are seeking an experienced Mortgage Loan Accounting Specialist to join our team at Centraprise. As a key member of our Residential Mortgage Whole Loan Trading initiative, you will be responsible for defining accounting classifications and regulatory capital methodologies for Whole Loan Trading scenarios.
Key Responsibilities:
- Define accounting classifications and regulatory capital methodologies for Whole Loan Trading scenarios.
- Implement reporting requirements to facilitate the generation of accounting and regulatory capital calculations.
- Help define GL accounts/cost centers for Whole Loan Sales and Securitizations.
- Identify data needs for risk and operational areas.
Requirements:
- Contrasted experience in US GAAP.
- Experience in accounting related to Mortgage Loans (Whole Loan or Warehouse Lending).
- Regulatory Capital Treatment.
- Knowledge in Accounting Business Classifications (Held to Collect, Held to Collect & Sell, Fair Value).
- Knowledge of an Accounting General Ledger System.
Industry Certification is a MUST. Our client requires all employees working on this engagement to be COVID-19 vaccinated.
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