Investor Accounting Specialist
Mechanics Bank
Federal Way, WA
Apply
JOB DETAILS
JOB TYPE
Full-time, Employee
SKILLS
Accounting, Accounting Software, Communication Skills, Corporate Banking, Detail Oriented, Electrical Wiring, External Audit, Fannie Mae (FNMA), Financial Statements, Freddie Mac (FHLMC), Ginnie Mae (GNMA), Internal Audit, Loan Servicing, Mortgage Lending, Mortgage Servicing, Physical Demands, Prescription Drugs, Presentation/Verbal Skills, Problem Solving Skills, Reconciliation, Regulations, Secondary School, Support Documentation, Time Management, Writing Skills
LOCATION
Federal Way, WA
POSTED
30+ days ago
The Investor Accounting Specialist is responsible for meeting investor reporting and remitting requirements as well as internal and external audit requests. The Investor Accounting Specialist works with the requirements of the three major investors (Fannie Mae, Ginnie Mae, and Freddie Mac) and various miscellaneous and private investors, while providing a high level of service to all internal and external customers and investors.
What you will do:
Responsible for accurate and timely reporting and remittance to investors. Number of investors and type of investors may change periodically. This includes assigning investor numbers, setting up headers, preparing appropriate investor reports, reconciling investor cutoff clearing exceptions, and wiring, depositing, or mailing remittance funds to investors.
Responsible for accurate and timely reporting and remittance to investors. Number of investors and type of investors may change periodically. This includes assigning investor numbers, setting up headers, preparing appropriate investor reports, reconciling investor cutoff clearing exceptions, and wiring, depositing, or mailing remittance funds to investors.
Complete corporate and custodial bank account reconciliations each month. Include documentation to support differences, reconciling items and adjustments in addition to pre-escheatment processes for stale dated checks.
Interpret, implement and document new procedures from ICE/BKFS, regulatory agencies or investors.
Know and be able to perform functions relating to repurchases, buyouts, interest credits, investor changes, set up and deletion of bank accounts, annual statements and financials, as well as general day-to-day interaction with the investors, their agents or contractors for the investors.
Perform other duties as assigned.
Who you are:
High School or GED required.
Minimum of 3 years of experience in mortgage Loan Servicing or Investor Accounting experience, or related experience.
Experience and familiarity with BKFS or similar Service Bureau Accounting system.
Excellent communication skills: verbal and written. Ability to compose and type professional business letters.
Excellent attention to accuracy and detail; aptitude for recognizing and resolving potential problem situations.
Strong problem solving and organizational skills.
Be able to work easily with established cut-off dates, adhere to strict deadlines and work under pressure.
Take direction well, listen, be a quick learner, ask questions, and take constructive suggestions.
ADA Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit and talk or hear, and use hands to finger, handle, or feel objects, tools, or controls.
The employee is occasionally required to stand; walk; reach with hands and arms; and stoop, kneel, crouch, or crawl.
The employee must occasionally lift and/or move up to 10 pounds.
Specific vision abilities required by this job include close vision.
The noise level in the work environment is usually moderate.
#LI-DNI
Pay Range: $23.10 - $36.63 hourly
AIP/Bonus: up to 5%
Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.
Benefits package includes[1]:
Medical, prescription, dental, and vision coverage for employees and their eligible family members
Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits
Health Savings Account with employer contribution
Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit
401(k) and Roth 401(k) with company contribution
529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program
Supplemental Health plans, Voluntary Legal and Identity Theft Services
11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year
Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.
Please view Equal Employment Opportunity Posters provided by OFCCPhere.
To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit
California Privacy Policy for Prospective Employees | Mechanics Bank
[1] The benefits listed in this job posting reflect the Bank's most reasonable and genuinely expected benefits offered for this position.
Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law.
About the Company
M
Mechanics Bank
Founded in 1905, Mechanics Bank provides personal banking, business banking, trust and estate services, brokerage and wealth management services throughout California. As a community bank, we invest in the same communities in which we live and work.
In a vacant store front near the corner of 3rd and Macdonald Avenue, a small bank opened its doors in 1905. Soon after, that bank would take on a name based on its association with the workers of Richmond’s two largest employers at the time, Standard Oil and the Santa Fe Railroad. Under the leadership of local businessman and banker E.M. Downer, it would not only survive the Great Depression and two world wars, but it would also grow and prosper in step with the Bay Area, serving the needs of local businesses and families. Now, more than a century later, that bank – Mechanics Bank – continues the legacy of commitment based on one man’s principles of building lasting relationships, enriching local lives and local communities, driving local economic growth and exceeding client’s expectations every day.
COMPANY SIZE
500 to 999 employeesINDUSTRY
Banking
WEBSITE
https://www.mechanicsbank.com/