Responsible for carrying out all investor related activities and providing key oversight for assigned investor portfolios. Ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.
Responsibilities:
Manages complex daily processes to ensure timely reporting, remitting and compliance in accordance with investor guidelines and servicing agreements.
Reconciles, reports and remits to various investors including private label securitizations, Fannie Mae, Freddie Mac and/or Ginnie Mae providing approval to process.
Reconciles pool to security, test of expected cash, and shortage/surplus differences.
Reconciles custodial accounts as per servicing guidelines.
Assists in setting up Investors & securities in our servicing operational system (MSP/ICE).
Assists in transferring loans into their corresponding investor groups as needed.
Conducts complex business process reviews and provides management with input on improvements; provides senior level decision making and insight on reporting issues.
Completes necessary research to ensure resolution of any discrepancies and assists in resolving issues.
Performs other duties and projects assigned.
Requirements:
Bachelor’s Degree preferred, but relevant job experience may be considered.
Minimum of six (5) + years of experience required in investor reporting, for all remittance types including actual / actual, scheduled / scheduled and scheduled / actual.
Working knowledge of Fannie Mae, Freddie Mac and/or GNMA reporting knowledge.
Working knowledge of Black Knight MSP/ICE servicing system preferred.
Why work for #teamloanDepot:
Aggressive compensation package based on experience and skill set.
Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
Work with other passionate, purposeful, and customer-centric people.
Extensive internal growth and professional development opportunities including tuition reimbursement.
Comprehensive benefits package including Medical/Dental/Vision.
Wellness program to support both mental and physical health.
Generous paid time off for both exempt and non-exempt positions.
About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this roles is between $66,000 and $90,000. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
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