Review and analyze mortgage loan activity within Black Knight's (BK) Mortgage Servicing Platform ... Servicing, Lending, Default, Capital Markets, etc.) when questions arise, resolve reporting and ...
Review and analyze mortgage loan activity within Black Knight's (BK) Mortgage Servicing Platform ... Servicing, Lending, Default, Capital Markets, etc.) when questions arise, resolve reporting and ...
Review and analyze mortgage loan activity within Black Knight's (BK) Mortgage Servicing Platform ... Servicing, Lending, Default, Capital Markets, etc.) when questions arise, resolve reporting and ...
Review and analyze mortgage loan activity within Black Knight's (BK) Mortgage Servicing Platform ... Servicing, Lending, Default, Capital Markets, etc.) when questions arise, resolve reporting and ...
We are seeking a highly motivated and detail-oriented Investment Analyst Trainee to join Ferrovial ... Support the preparation of reports, proposals, and presentations for internal and external ...
We are seeking a highly motivated and detail-oriented Investment Analyst Trainee to join Ferrovial ... Support the preparation of reports, proposals, and presentations for internal and external ...
Manager Trainee
Manassas, VA · On-site
$16/hr
Over 96% of our store managers began as Manager Trainees, and on average, you can earn your first ... Interpreting and analyzing common financial reports * Reading blueprints and creating material ...
Manager Trainee
Manassas, VA · On-site
$16/hr
Over 96% of our store managers began as Manager Trainees, and on average, you can earn your first ... Interpreting and analyzing common financial reports * Reading blueprints and creating material ...
Over 96% of our store managers began as Manager Trainees, and on average, you can earn your first ... Interpreting and analyzing common financial reports * Reading blueprints and creating material ...
Over 96% of our store managers began as Manager Trainees, and on average, you can earn your first ... Interpreting and analyzing common financial reports * Reading blueprints and creating material ...
We Default to Disclosure by operating with transparency and integrity, ensuring trust and ... Evaluate vulnerability reports submitted by security researchers to determine validity, severity ...
We Default to Disclosure by operating with transparency and integrity, ensuring trust and ... Evaluate vulnerability reports submitted by security researchers to determine validity, severity ...
Student Trainee( Administrative)
Washington, DC · On-site +1
$17.45 - $29.03/hr
As a Student Trainee, you will have the opportunity to participate in a variety of tasks and ... Compiling and analyzing information to develop reports, proposals, or documents. * Maintaining ...
Student Trainee( Administrative)
Washington, DC · On-site +1
$17.45 - $29.03/hr
As a Student Trainee, you will have the opportunity to participate in a variety of tasks and ... Compiling and analyzing information to develop reports, proposals, or documents. * Maintaining ...
This role will be responsible for analyzing, interpreting, and acting upon conflicts reports regarding incoming lateral candidates to the firm, including partners, counsel, associates, trainees ...
This role will be responsible for analyzing, interpreting, and acting upon conflicts reports regarding incoming lateral candidates to the firm, including partners, counsel, associates, trainees ...
AMP Financial Advisor Trainee - Vienna, VA
Vienna, VA · On-site
$42K - $52K/yr
The Trainee will balance new client development, sales activities, investment management, customer ... Financial markets, banking, and financial data analysis and reporting. * Basic principles and ...
AMP Financial Advisor Trainee - Vienna, VA
Vienna, VA · On-site
$42K - $52K/yr
The Trainee will balance new client development, sales activities, investment management, customer ... Financial markets, banking, and financial data analysis and reporting. * Basic principles and ...
AMP Financial Advisor Trainee - Vienna, VA
Vienna, VA · On-site
$42K - $52K/yr
The Trainee will balance new client development, sales activities, investment management, customer ... Financial markets, banking, and financial data analysis and reporting. * Basic principles and ...
AMP Financial Advisor Trainee - Vienna, VA
Vienna, VA · On-site
$42K - $52K/yr
The Trainee will balance new client development, sales activities, investment management, customer ... Financial markets, banking, and financial data analysis and reporting. * Basic principles and ...
Compliance Analyst
Washington, DC · On-site
... reports, including appraisals, property inspections, environmental assessments, and property ... Contribute to the resolution of defaulted loans and REO assets by reviewing broker opinions of ...
Compliance Analyst
Washington, DC · On-site
... reports, including appraisals, property inspections, environmental assessments, and property ... Contribute to the resolution of defaulted loans and REO assets by reviewing broker opinions of ...
Compliance Analyst
Washington, DC · On-site
$85K - $90K/yr
... reports, including appraisals, property inspections, environmental assessments, and property ... Contribute to the resolution of defaulted loans and REO assets by reviewing broker opinions of ...
Compliance Analyst
Washington, DC · On-site
$85K - $90K/yr
... reports, including appraisals, property inspections, environmental assessments, and property ... Contribute to the resolution of defaulted loans and REO assets by reviewing broker opinions of ...
Scientific Data Analyst
Vienna, VA · On-site
$85K - $115K/yr
... default values, and question strings. * Generate data retrievals and summary outputs ... Support dissemination and reporting of data to stakeholders. * Write SAS programs to generate ...
Scientific Data Analyst
Vienna, VA · On-site
$85K - $115K/yr
... default values, and question strings. * Generate data retrievals and summary outputs ... Support dissemination and reporting of data to stakeholders. * Write SAS programs to generate ...
Scientific Data Analyst
Vienna, VA · On-site +1
$85K - $115K/yr
... default values, and question strings. * Generate data retrievals and summary outputs ... Support dissemination and reporting of data to stakeholders. * Write SAS programs to generate ...
Scientific Data Analyst
Vienna, VA · On-site +1
$85K - $115K/yr
... default values, and question strings. * Generate data retrievals and summary outputs ... Support dissemination and reporting of data to stakeholders. * Write SAS programs to generate ...
Senior Marketing Analyst
Bethesda, MD · On-site
$109K - $135K/yr
Select appropriate analytical methods based on business context rather than defaulting to ... dashboard/reporting requirements for a Business Intelligence team. * Demonstrated ability to ...
Senior Marketing Analyst
Bethesda, MD · On-site
$109K - $135K/yr
Select appropriate analytical methods based on business context rather than defaulting to ... dashboard/reporting requirements for a Business Intelligence team. * Demonstrated ability to ...
Business Analyst / ATO Support Analyst
Ashburn, VA · On-site
$61K - $97K/yr
... trainee management mission. Work includes migration to the VA Enterprise Cloud (VAEC) using ... Track and report on requirements, deliverables, and compliance status; contribute to the Quarterly ...
Quick apply
Business Analyst / ATO Support Analyst
Ashburn, VA · On-site
$61K - $97K/yr
... trainee management mission. Work includes migration to the VA Enterprise Cloud (VAEC) using ... Track and report on requirements, deliverables, and compliance status; contribute to the Quarterly ...
Operations Manager Trainee
Silver Spring, MD · On-site
$29.25/hr
Operations Manager Trainee must possess and maintain a valid driver's license and automobile ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Silver Spring, MD · On-site
$29.25/hr
Operations Manager Trainee must possess and maintain a valid driver's license and automobile ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Fairfax, VA · On-site
$27.75 - $38.75/hr
Overview $27.75 - $38.75 / Hourly The role of the Operations Manager Trainee (OMT) is to gain an ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Fairfax, VA · On-site
$27.75 - $38.75/hr
Overview $27.75 - $38.75 / Hourly The role of the Operations Manager Trainee (OMT) is to gain an ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Silver Spring, MD · On-site
$29.25 - $39.25/hr
Overview $29.25 - $39.25 / Hourly The role of the Operations Manager Trainee (OMT) is to gain an ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Silver Spring, MD · On-site
$29.25 - $39.25/hr
Overview $29.25 - $39.25 / Hourly The role of the Operations Manager Trainee (OMT) is to gain an ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Silver Spring, MD · On-site
$29.25/hr
Operations Manager Trainee must possess and maintain a valid driver's license and automobile ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Operations Manager Trainee
Silver Spring, MD · On-site
$29.25/hr
Operations Manager Trainee must possess and maintain a valid driver's license and automobile ... Ability to read, analyze, and interpret common financial reports, and legal documents. Ability to ...
Trainee Default Reporting Analyst information
See Reston, VA salary details
$21.3K - $31.6K
1% of jobs
$31.6K - $41.9K
1% of jobs
$41.9K - $52.3K
6% of jobs
$52.3K - $62.6K
12% of jobs
$64.9K is the 25th percentile. Wages below this are outliers.
$62.6K - $72.9K
21% of jobs
The median wage is $78.8K / yr.
$72.9K - $83.2K
15% of jobs
$83.2K - $93.5K
9% of jobs
$100.5K is the 75th percentile. Wages above this are outliers.
$93.5K - $103.8K
15% of jobs
$103.8K - $114.1K
10% of jobs
$114.1K - $124.4K
7% of jobs
$124.4K - $134.7K
3% of jobs
$21.3K
$84.1K
$134.7K
How much do trainee default reporting analyst jobs pay per year?
What is the difference between Trainee Default Reporting Analyst vs Default Reporting Analyst?
| Aspect | Trainee Default Reporting Analyst | Default Reporting Analyst |
|---|---|---|
| Qualifications | Typically entry-level, often pursuing or holding a relevant degree or certification | Requires relevant experience or advanced knowledge in reporting and data analysis |
| Work Environment | Training-focused, supervised, often in a corporate or financial institution | More autonomous, responsible for producing and analyzing reports independently |
| Responsibilities | Assisting with data collection, learning reporting processes, supporting senior analysts | Creating, reviewing, and interpreting default risk reports, ensuring data accuracy |
The Trainee Default Reporting Analyst is an entry-level role focused on learning and supporting reporting tasks, while the Default Reporting Analyst is a more experienced position responsible for independently managing reporting processes and analysis. The trainee role is ideal for those starting their career, whereas the analyst role requires more expertise and experience in default risk reporting.
Full-time
Posted 19 days ago
Navy Federal Credit Union rating
8.1
Based on 272 frontline employees who took The Breakroom Quiz
58th of 150 rated financial services
Job description
Understand the various investors' servicing guidelines to be able to perform, as well as, assist with leading and management (supervising, planning and controls of the day-to-day operations) of the Investor Reporting (IR) team in the servicing of the mortgage loans sold portfolio to investors through the performance of 3 critical functions: (1) remittance, (2) reporting and (3) reconciliation activities as mandated by GSEs' (Ginnie Mae, Freddie Mac and Fannie Mae) and Private Investors' servicing guidelines on a timely and accurate basis.
Responsibilities
- Stay abreast of applicable changes in the mortgage industry, as well as, changing or newly issued investors' servicing guidelines/requirements, federal, state and industry laws and regulations to assist management in the assessment of risks and impacts to processes and controls
- Thorough understanding of IR's processes and controls to effectively execute controls and/or identify weaknesses in controls in order to develop and/or implement corrective actions
- Lead the monthly accounting activities to include review and analysis of financial records in the completion of custodial bank accounts and general ledger reconciliations, investor sales activities, as well as, monthly IR analytics package to management
- Lead the processing of weekly bulk requests for repurchases, Mortgage Loans Held for Investment (MLI)/Mortgage Loans Awaiting Sale (MLAS) loan reclasses, etc.
- Review and analyze mortgage loan activity within Black Knight's (BK) Mortgage Servicing Platform (MSP), other NFCU's internal systems, GSEs' systems and investors' trial balances and reports to assess for accuracy, resolve issues (i.e. loan activity rejects), respond to inquiries from investors/business units (BU) and/or reporting submissions to GSEs
- Subject Matter Expert for the Risk Sharing (RS) and Representations and Warranties (R&W) area as it pertains to performing monthly model updates for the accrued liability journal entries, executive summaries, projected servicing expense impact for net income projection to accounting, quarterly deliverable for NCUA reporting, annual budget projections and footnote disclosures and requests and questions from BUs, investors and/or management
- Lead the preparation and calculation of various schedules required for the annual compliance audits
- Assist management to prepare, gather requested documentation, update desktop procedures, draft responses to questions and monitor prepared by client (PBCs) for various audits and reviews
- Serve as IR's lead on UAT for companywide initiatives and projects as it pertains to creating test cases, written requirements, testing and keeping management abreast of projects, issues and deadlines
- Assist management on various BK's enhancements to MSP or investors driven initiatives
- Assist management in the creation of new metrics, forecasts or reports at the directive of senior leadership due to changes in the industry or from management's changing or evolving needs
- Assist management in updating the inventory of controls around all servicing requirements and related controls for the GSEs, Private Investors and FHA/HUD, and collaborate with multiple business areas to ensure all risks are mitigated and build out the key control matrices
- Identify areas and opportunities for process improvements, operational efficiencies and automation and serve as IR's lead in those efforts when collaborating with other teams
- Interact and collaborate with investors and/or various BUs (i.e. Servicing, Lending, Default, Capital Markets, etc.) when questions arise, resolve reporting and remittance issues and/or projects/initiatives
- Perform 1st level review, as well as, serve as mentor/trainer to Investor Reporting Analysts I
- Perform other duties and ad hoc requests as assigned
Qualifications
- Agile and flexible to changes whether driven by mortgage industry, investors, company or department initiatives/mandates
- Advanced knowledge or experience of the mortgage industry
- Advanced knowledge of accounting, credit union, and/or lending principles and techniques
- Significant experience in applying accounting knowledge in performing transactions and reconciliation
- Advanced knowledge of FNMA, FHLMC, GNMA and relevant mortgage investor guidelines
- Significant experience with investor reporting functions in a mortgage secondary marketing environment
- Significant experience identifying relevant analytical problems, determining appropriate diagnostic methods and solving unique and complex issues/problems
- Significant experience managing multiple priorities independently and/or in a team environment
- Significant experience in leading, guiding and mentoring less experienced staff
- Desired - Experience or knowledge of GSEs (GNMA, FNMA, FHLMC)
- Desired - Familiarity with Navy Federal products, services, systems, policies and procedures
- Desired - Experience with Black Knight's Mortgage Servicing Platform (MSP)
- Desired - Certified Public Accountant designation
- Advanced skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations
- Advanced skill presenting findings, conclusions, alternatives and information clearly and concisely
- Advanced skill maintaining accuracy with attention to detail and meeting deadlines
- Advanced word, PowerPoint and excel skills
- Bachelor's in Accounting, Finance, or other related field or the equivalent combination of training, education, and experience
About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.
Our approach to careers is simple yet powerful: Make our mission your passion.
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- 2025 Handshake Early Talent Award
From Fortune. ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.
Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.
Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.
Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
What Navy Federal Credit Union employees say
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About Navy Federal Credit Union
Sourced by ZipRecruiter
Navy Federal Credit Union, based in Vienna, Virginia, United States, is a significant player in the financial services industry. Their official website is navyfederal.org. With its roots dating back to 1933, it was initially established to provide credit to Navy members. Over the years, Navy Federal has magnified its scope, evolving into a full-service credit union serving all branches of the military, the Department of Defense, veterans, and their families. The company’s core values include integrity, service, education, and leadership. Navy Federal aims to be the most preferred and trusted financial institution serving the military and their families.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
Vienna, VA, US
Year founded
1933