Loan Accountant (Remote)
The Outsourcing Partners
Quezon City, ph
14h ago

Job Description

Job Summary The Loan Accountant will serve as the primary interface with our internal servicing team to communicate and resolve specific loan-level data variances, required remittance adjustments, fees / advance tracking, and payoff reconciliations.

This position reports directly to the VP of Finance and will be responsible for end-to-end life cycle and work stream processes related to loan-level accounting activity.

The ideal candidate should have an excellent business acumen, strong communication skills, and will be a natural numbers wizard with applicable expertise in Excel and other tools with at least 1-3 years relevant experience.

They are analytical thinkers who enjoy working cross-functionally in a dynamic, fast-paced environment.

Responsibilities

Reconcile and ensure the system data integrity of detailed loan-level information for the loan accounting process

Oversee the timely and accurate collection of sub-servicer cash and fees due by collaborating actively with our internal servicing team and external sub-servicer vendors.

Develop and implement best practices within our investor accounting processes

Utilize his / her business knowledge and collaborative skills to analyze current processes and procedures, identify needed change, and implement solutions either as an individual or as part of a special project team.

Researches and provides timely resolution of Subservicer to Master Servicer loan data variances; appropriately and promptly updates systems / databases, as required.

Analyzes cash receipts and allocates to outstanding Servicer receivables and payables; identifies aged receivables and ensures that collection efforts are appropriately escalated.

Reviews reporting and remitting performance of assigned sub-servicers to identify opportunities for improved performance.

Will need to direct Servicers and recommend how processes need to improve and or change, so as to address the root cause.

Responsible for providing data reconciliation assistance and training to other team members, including off-shore resources.

Review loan documents (e.g.. Note, Modification Agreements, etc.) to resolve loan-level variances.

Create queries from internal systems and databases to support or improve processes.

Participate in team and project meetings, plan and facilitate meetings as necessary.

Support management in completing special projects, ad-hoc reporting and analysis requests, and other tasks as assigned.

Requirements

The ideal candidate would have :

Bachelor’s or higher degree in Accounting or Finance

  • 1-3 years of varied mortgage banking or financial experience. Investor Accounting / Reporting experience preferred;
  • Strong knowledge in the areas of Investor Reporting, Accounting, or Finance

    Knowledge of Loan Servicing and all support areas

    Excellent math and analytical skills

    Excellent communication skills; proven ability to communicate effectively with internal and external business partners at various levels

    Ability to effectively prioritize assignments and handle multiple projects / assignments

    Proactive self-starter who enjoys a fast-paced environment and an ability to prioritize, multi-task, and meet pressing deadlines

    Ability to work independently and as part of a diverse team, and to build and maintain effective business relationships both internally and externally

    Team player with a strong work ethic

    Strong organizational skills and the ability to achieve tight deadlines in a timely manner

    Tech-savvy and MS Excel superuser; must be comfortable working with and analyzing large datasets

    Experience working with loan servicing software applications and QuickBooks

    Willing to work on graveyard shift (US Central Time - Monday to Friday)

    Benefits

    3 full-time positions available

    HMO on day 1

    Permanent work from home setup

    Internet subscription compensation

    Non-taxable allowances

    Mandatory government contributions

    BYOD or equipment provided

    Requirements

    The ideal candidate would have : Bachelor’s or higher degree in Accounting or Finance 1-3 years of varied mortgage banking or financial experience.

  • Investor Accounting / Reporting experience preferred; Strong knowledge in the areas of Investor Reporting, Accounting, or Finance Knowledge of Loan Servicing and all support areas Excellent math and analytical skills Excellent communication skills;
  • proven ability to communicate effectively with internal and external business partners at various levels Ability to effectively prioritize assignments and handle multiple projects / assignments Proactive self-starter who enjoys a fast-paced environment and an ability to prioritize, multi-task, and meet pressing deadlines Ability to work independently and as part of a diverse team, and to build and maintain effective business relationships both internally and externally Team player with a strong work ethic Strong organizational skills and the ability to achieve tight deadlines in a timely manner Tech-savvy and MS Excel superuser;
  • must be comfortable working with and analyzing large datasets Experience working with loan servicing software applications and QuickBooks Willing to work on graveyard shift (US Central Time - Monday to Friday)

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