Investor Accountant l

Investor Accountant I

Full time: Nonexempt: 37.5 Hours: Overtime as required

Lake Zurich, IL, US

Department: Investor Accounting

General Description:

The Ensure timely and accurate reporting, remitting, and reconciliation to various mortgage investors. Interaction with all levels of the organization as well as Clients and investors.

Responsibilities -Include, but not limited to:

• Transfer all new loan sales before the cutoff at the correct UPB, service fee, and investor loan number.
• Prepare any manual reports required by the investor guidelines.
• Ensure all remittances are made on contractual due date.
• Ensure all reports are sent by contractual due date.
• Review exception reports and clear/resolve items timely.
• For Scheduled/Scheduled investor, ensure that the loan/pool level security balances, test of expected P&I, and cashbook reports are properly maintained.
• For Scheduled/Actual investor, ensure that the test of expected P&I and cashbook reports are properly maintained.
• Complete bank account reconciliation according to investor guidelines.
• Ensure bank reconciliation exceptions are cleared timely, according to investor guidelines.
• Prepare audit responses as requested.
• Respond to client/Investor inquiries quickly and appropriately.
• Perform all other responsibilities and duties deemed necessary.

Required Qualifications:

• Baccalaureate, Associates degree or equivalent job experience.
• Investor reporting experience preferred, bookkeeping and/or banking experience helpful.
• Knowledge of Mortgage Servicing Software Platforms is preferred.
• intermediate knowledge of Microsoft Word and Excel.
• Knowledge of Mortgage Servicing Software Platforms is preferred.

Preferred Qualifications:

• Knowledge of Mortgage Servicing Software Platforms is preferred.

Reports to:

Department Manager, Assistant Manager and Supervisor

Physical Demands and Work Environment:

• The employee is regularly required to communicate (give/receive information) through multiple methods of communication. The employee is frequently required to stand or walk (or otherwise move through the organization); sit; use hands to type, write, handle or feel and reach with hands and arms. The employee may occasionally climb or balance; stoop, kneel, or crouch; or lift and/or move up to 25 lbs. The noise level is usually moderate and typical of an office environment. The employee may be required to use a variety of standard office equipment, including computer keyboards and monitors, phones, printers, etc.
• In accordance with applicable disability laws, Dovenmuehle works with applicants and employees to make reasonable accommodations to the job or work environment when doing so will enable a qualified individual with a disability to satisfactorily perform the essential functions of the job.