Mortgage Investor reporting - TLSME Mumbai
Mortgage Investor reporting - TLSME Mumbai
Posted on :
29-10-2024
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1 Vacancy
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Job Description
Job Description of Subject Matter Expert
Job Title:Subject Matter Expert
Reporting to: Team Leader
Objectives
The Mortgage Investor Reporting Analyst plays an important role in the organization by performing several activities
related to the Loan Servicing functions. The role is primarily responsible under general supervision for performing
several reporting related tasks in support of the department such as remittance reporting balancing preparing reports
maintaining accurate records identifying payment discrepancies providing analysis etc.
The Mortgage Investor Reporting Analyst is responsible for the accurate and timely reporting and remittance of
mortgage payments to the investors in their assigned portfolio. They are required to review remittance reports ensure
the data is accurate and adjust where necessary. The movement of funds internally is of vital importance to ensure that
bank accounts have the required funds and ready to be wired or drafted.
Analyzes remittance reports/data tape and adjusts the data and report format based on industry guidelines and investor
requirements and prepares the corresponding wire. Reviews and reconciles various custodial bank accounts to ensure
outstanding items are cleared. Analyzes accounting issues that occur due to system errors and suggests corrections to
Strategy to prevent future occurrences.
The associate is expected to process items accurately and optimally in accordance with laid down procedures and
maintain requisite standards of quality and productivity. He/she will report to the Team Leader who will be the first
point of contact for any issues questions or concerns.
Key Result Areas (KRAs)
Leadership:
The SME is responsible for maintaining constant process knowledge in the team.
Responsible for maintaining and documenting all updates received from the business area.
Will be a part of clients calls as required and will be responsible to update the teams alongside the
Supervisors.
Responsible for cascading / providing training on new updates to all team members.
Responsible for conducting the knowledge check.
Responsible for suggesting and driving process improvements.
Should have multitasking skills as a Trainer / QC / Processor and will conduct refresher trainings / handle
Quality sessions on a need basis.
Monitor and coach underperformers to improve their quality and efficiency.
To be a part of the regular production and produce agreed numbers.
Address and ensure resolution on all process related queries of the team members.
US Mortgage Investor Reporting Experience
Knowledge of Actual/Actual Schedule/Actual Schedule/Schedule Supplemental reporting and remittance
validation of Private and GSE Investors.
Strong knowledge and proficiency with investor reporting principles and concepts including debits and
credits cash flow requirements bank reconciliations etc.
working on investor relations activities including reviewing financial statements preparing analysis reports
compiling information on loan payments research reporting and related responsibilities.
Competent in processing mortgage funding transactions and payments completing wire transfers and ACH
transfers.
Ensure data accuracy between remittance reporting and servicing records.
Responsible for performing reconciliations and analysis for the Investor Reporting Group
The specialist will a) Assist in month end close activities including booking of journal entries remitting
investor funds and compiling investor monthly servicing reports b) Assist in audits and other ad hoc
requests.
Validation of classification of transaction as remittances wires advances per transaction description and
verify backup in servicing system.
Verify all bank activity with sEducation
Any
Employment Type
Full Time
Key Skills
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