Senior Associate, Mortgage Loan Operations Specialist

5 days ago


New York, New York, United States SS&C Technologies Full time
About the Role

SS&C Technologies is seeking a highly skilled Senior Associate to join our Mortgage Loan Administration team. As a Senior Associate, you will play a critical role in performing loan servicing and loan accounting functions on assigned commercial or residential mortgage portfolios.

Key Responsibilities
  • Perform daily and monthly loan accounting processes, loan balance / GL reconciliation, amortization review, and reporting functions
  • Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sale, etc.
  • Monitor cash account and reconcile loan payment received from borrower
  • Upload newly originated / purchased loan onto SS&C loan servicing software and send welcome package to borrower
  • Assist in completing and reconciling quarterly and annual regulatory packages
  • Track and update collateral and compliance on loans including rent rolls and operating statements
  • Generate various loan notices such as billing statement, maturity notice, late payment notice, payoff statement, etc.
  • Assist in the implementation of new clients
Requirements
  • Bachelor's degree in Accounting, Finance or similar field
  • 2-5 years' relevant experience in the insurance industry or commercial Real Estate loan administration
  • Knowledge of US GAAP accounting or IFRS
  • Experience with NAIC reporting with strong preference for NAIC Schedule B experience
  • Investment general ledger experience is strongly preferred
  • Self-starter and ability to work independently to meet daily, monthly, and project deliverables
  • Ability to identify processing issue and formulate resolution
  • Strong ability to communicate professionally with internal / external contacts
  • Strong analytical skills and ability to remain highly organized in a deadline driven environment while maintaining strict attention to detail
  • Proficiency with Microsoft Office suite, with advanced working knowledge of Excel
  • Basic proficiency in Microsoft SQL is a plus


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