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AVP - Investor Accounting/Reporting/Bank Reconciliation

BurnsSearch Richmond ,VA
  • Expired: over a month ago. Applications are no longer accepted.
Job Description

**POSITION REQUIRES RELOCATION TO NORTHEASTERN US**

• 7+ years Investor Accounting Experience
• Bachelor’s degree
• Knowledge of state and federal laws and regulations applicable to mortgage and consumer lending.
Considerable knowledge of loan servicing practices
• Knowledge of agency reporting and reconciliation requirements associated with mortgage loans
• Analytical ability sufficient to apply data and information to the solution of administrative and operating problems
• Considerable knowledge of workflow processes, staffing needs, and operational costs in a collection operation
• Leadership and management skills with the ability to motivate, mentor, train, coach, evaluate performance, and lead a multi-functional staff in a fast-paced, dynamic environment
• Ability to work independently with minimal direction and to meet deadlines
• Demonstrate ability to read, interpret, and analyze accounts and records of a complex, detailed and recurring nature
• Analytical ability sufficient to apply data and information to the solution of administrative and operating problems
• Ability to prepare an operating budget, anticipate and explain variances
• Ability to work collaboratively with peers, company managers, and customers in a team environment to attain common goals

JOB SUMMARY

Ensures that loans in the mortgage servicing portfolio are serviced according to investor requirements, that accurate accounting and reporting records are maintained and reconciliation records are maintained. Manages a centralized investor accounting reporting and bank reconciliation staff.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Manages the operations of the investor accounting reporting departments
• Maintains accurate records of each investor’s accounting and reporting requirements as specified in the servicing agreements and ensures that changes requested by investors are implemented
• Ensures that collections are properly credited and remitted to investors on schedule
• Manages the operations of the investor accounting bank reconciliation department
• Maintains accurate records of each investor’s accounting and reconciliation as specified in the servicing agreements and ensures that changes requested by investors are implemented
• Establishes procedures for investor accounting reconciliation and ensures the proper controls are in place
• Establishes procedures for investor accounting and ensures the proper controls are in place
• Reports to government agencies as required
• Keeps informed on government regulations pertaining to loan servicing
• Manages the process for loan payoffs and remittances to clients
• Through subordinate supervisors, distributes work assignments to investor accounting staff
• Performs quality control reviews as needed
• Prepare annual budget, expectations and goals for the investor accounting department
• Manages vendors used in conjunction with departments under management
• Develops products and assists with promoting those products used within the departments under management
• Supports oversight of agency audits
• Responsible for requesting, creating/preparing, updating/revising, reviewing, testing, finalizing/approving, conduct training and maintain the departments policies and procedures
• All other duties as assigned

 

Company Description
Apply online via our website at www.burnssearch.com, just click on 'Search Jobs'!

BurnsSearch

Why Work Here?

Fantasic, growing company offering opportunities for career development and outstanding bonus production potential

Apply online via our website at www.burnssearch.com, just click on 'Search Jobs'!

Address

Richmond, VA
USA