Mortgage Loan Accounting Specialist

4 weeks ago


New York, New York, United States Centraprise Full time

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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