Summary
The Analyst, Investor Rept Sr is responsible for preparing and reconciling monthly investor reports and remittances, processing cash movements and responding to internal and external inquires related to investor reporting.
Essential Job Functions:
Perform analysis of system cutoff activity based on the remittance’s methodology
Perform pool to security reconciliations and test of expected cash analysis . Quantify overages and shortages and take appropriate steps to clear variances
Prepare reports and remit funds associated with the monthly loan activity to the investors
Monitor P&I custodial accounts to ensure no overdrafts occur and advances funds if needed
Manage relationships with GSE and non GSE representatives as it relates to servicing and investor reporting
Balance scheduled/scheduled, actual/actual, or scheduled/actual loan level and pool level portfolios, reporting monthly balances and remittances according to investor guidelines
Be aware of new publications published by All Regs and update investor reporting policies and procedures to comply with the new requirements
Research and clear cash adjustments before they become aged
Handle daily inquiries from internal departments as it relates to investor reporting functions
Respond timely to Investor inquiries or requests
Prepare requested documentation for any internal or external audits
Process loan transfers and portfolio reconciliations for acquired loans
Provide requested data for any loans being service released
Assist in training new hires when needed
Identify and target key investor-related issues for research, analysis, and resolution preparing summary reports of findings
Perform investor functionality testing in the service bureau system as needed
Special projects as assigned
Maintain regular and punctual attendance.
Other Related Duties:
Experience with Fannie Mae, Freddie Mac, and Ginnie Mae reporting and reconciliation, including FNMA schedules 1,2 and 3
Strong analytical skills with an excellent math aptitude
Strong attention to detail
Experience with Fiserv, Business Objects, or Monarch is a plus
Performs other related duties as assigned.
Supervisory Responsibilities:
This job has no supervisory responsibilities.
Qualifications:
To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
Education and/or Experience:
Bachelor’s Degree from a Four (4) year College or University; or one (1) to two (2) years related experience and/or training; or equivalent combination of education and experience.
Language Skills:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or government regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Mathematical Skills:
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Reasoning Ability:
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
Certificates, Licenses, Registrations:
None required
Physical Demands :
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with…