Vice President, Investor Accounting

Tailor Your Resume for this Job

Primary Function

The VP Investor Accounting is responsible for ensuring the accurate, efficient, and timely preparation of financial analysis for all loans in the servicing portfolio, on a monthly, quarterly, and annual basis for investors. Investors may include Fannie Mae, Freddie Mac, Ginnie Mae, and other private-label investors, including life insurance companies, real estate trusts, and securities firms that invest in mortgage bonds.

Direct Reports

· Sr Director Investor Accounting

Principal Duties

· Ensure accurate and timely reconciliation of various PI/ TI and clearing test of expected and bank reconciliations.

· Partner with Financial Controls and Compliance teams to ensure there is a sound control framework, detailed and accurate management reporting, and appropriate escalation processes and policies in place to ensure adherence to best practice as well as investor requirements and regulations.

· Determine root cause and themes of outages and partner with business units upstream and downstream to reduce outages.

· Partner with Corporate Accounting on accounting projects as well as ensure reserves and servicing losses are appropriately identified with accurate and timely reporting to Accounting.

· Introduce and enhance automation routines, identify system enhancements, and partner with Analytics and IT teams on implementation.

· Carry out management responsibilities in accordance with the organization's policies and applicable laws, including hiring and training employees; planning, assigning, and directing work; monitoring performance, rewarding, and disciplining employees; addressing complaints and resolving problems.

· Review monthly remittance reports, where applicable, ensuring the accuracy and consistency of the data.

· Work with staff members to resolve any reporting issues with the trust, ensuring policies are enforced and ensuring the timeliness of resolution of compliance-related issues.

· Develop routines to ensure that REG AB, USAP, and Investor Audits are clean.

· Provide general support for special projects, providing information and resolving issues.

· Performs related duties as assigned by management.

Education and Experience Requirements

· Bachelor's Degree in Accounting or Finance required.

· 12+ years of private or GSE Investor Accounting required.

· 5+ years’ senior leadership experience required.

Knowledge, Skill, and Ability Requirements

· Advanced MS Excel experience required, including pivot tables, vlookups, and other complex formulas.

· Proficient in MS Word and PowerPoint

· SQL or other database reporting experience preferred

· Servicing Director knowledge a plus

· Proven ability to build strong relationships with stakeholders, learn quickly, be flexible, and think strategically.

· Strong communication skills to interact with Senior Management and other business units.

· Working understanding of operational risks and related controls.

· Understanding of RegAB and USAP Guidelines

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Pay: $140,000.00 - $160,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person