Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

The Investor Accounting Analyst II is responsible for preparing assigned monthly bank reconciliations of various clearing, PI, & TI custodial accounts for investors which could include FNMA, FHLMC, GNMA, or Private Portfolios.

The Investor Accounting Analyst II will be responsible for accounts with moderate and high levels of difficulty. This individual will provide guidance and oversight to less senior team members and help create and build process documentation, automation, and analytical insights to ensure that we are consistently providing best in class service to our investors and customers.

Principal Duties

Prepare monthly cashbook and test of expected reconciliations for various investor custodial accounts, including Fannie Mae, Freddie Mac, Ginnie Mae, and Private portfolios.Prepare monthly reconciliations of customer Escrow accounts.Prepare daily / monthly reconciliations of Clearing accounts.Researches and resolves loan and account variances and clears accounts in accordance with investor and regulatory guidelines.Works with Investor Reporting team members to resolve items within the investors' accounts.Maintains and follows procedures and controls within the monthly process.Assists with internal and external audits.Heavy use of Microsoft excel for data analysis and reporting.Handle ad-hoc reporting or research as directed by management.Calculate interest and percentages; balance accounts; add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals; locate routine mathematical errors; compute rate, ratio, and percent, including the drafting and interpretation of bar graphs.Investigate, reconcile, and provide timely resolution to all investor issues and reconciliation exceptions.Research operational, reporting, or data issues and present solutions or process improvements to management.Performs related duties as assigned by management.

Education and Experience Requirements  

High School Diploma or equivalent required, Bachelor's Degree in Accounting or Finance preferred.2-4 years of Mortgage Servicing experience required; prior Investor Accounting experience preferred.

Knowledge, Skill, and Ability Requirements  

Advanced MS Excel experience required.Strong math skills.SQL or other database reporting experience preferredServicing Director knowledge a plusKnowledge of basic accounting principles and practices          Solid analytical skills, particularly regarding assessing the probability and impact of an internal control weakness.Working understanding of operational risks and related controls.Strong organizational and time management skills necessarySelf-motivated with strong attention to detail and excellent organization skills

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.

Additional Information:

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.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

Medical, dental, and vision insurance

Health Savings Account with employer contribution

401(k) Retirement plan with employer match

Paid Maternity Leave/Parental Bonding Leave

Pet insurance

Adoption Assistance

Tuition reimbursement

Employee Loan Program

The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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