The Corporate Advance Control Analyst will be an integral part in the enhancement of controls, visibility and oversight of RoundPoint’s servicing advance assets. This position will be responsible for the analysis of financial data and mortgage servicing activity to cultivate correct accounting treatment, identify opportunities to reduce losses, and provide visibility and insight to RoundPoint’s leadership teams. The Corporate Advance Control Analyst will play a key role in refining existing processes along with designing, implementing and creating procedures for new processes.
Working Relationships:
The Corporate Advance Control Analyst will report to the Corporate Advance Control Manager and will partner with the key stakeholders across the entire company including the Finance department, Loan Administration, Investor Reporting, Default Servicing, and Claims Management.
Responsibilities:
Sustaining reporting of all servicing advances, primarily through SQL
Conduct quantitative analysis of advances over multiple population levels
Identify opportunities to increase income, lower expenses, and recover receivables
Perform qualitative reviews of servicing advance expenditures and claim fund receipts
Evaluate and enhance quantitative analysis of advances across multiple loan populations
Analysis of Unclaimed Funds, including timely reporting and remittance of Escheatable items
Provides daily, weekly and monthly reporting on advances, recoveries and incentives, including loan level details and consulting of servicing advance trends and opportunities as they arise
Aid in the securitization and funding of our servicing advances through debt facilities
Aid in the delivery of monthly liquidity planning and forecasting on servicing advances
Assist in the governance of transaction methodology and allocation mapping between Servicing and Accounting
Assist with initiatives and projects as it relates to the goals of the team and leadership
Provide line of business level review and consulting of servicing advance trends and opportunities as they arise
Provide ad-hoc reporting and analysis services as required to meet business needs
Requirements:
Minimum of two years of recent experience as a data analyst, report developer, or another related title in a financial services environment
Bachelor’s degree, preferably with emphasis in Finance/Accounting or Computer Science
Experience with SQL programming language is preferred
Experience with Black Knight Financial Services MSP is preferred
Strong “big picture” understanding of servicing operations, internal controls and accounting
Strong proficiency with the Microsoft Office Suite with an emphasis in Excel as a critical requirement
Strong technical aptitude for learning new software and systems
Independent ability to uniquely identify, collect, and assess data to create analytical solutions to complex business problems
Excellent organizational and time management skills
Demonstrated ability to effectively communicate with both internal and external customers, peers, and management
Must be a self-starting individual flexible to change and able to manage in a fast paced environment
Good organizational and problem solving skills with ability to handle multiple tasks
Expansive experience with collaborative project oversight across all facets of mortgage servicing
Physical Demands & Working Conditions
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
Ability to communicate effectively through speech and hearing, both in-person and over the phone.
The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
Remaining in a stationary position for extended periods, frequently sitting but…