Accounting analyst serp_jobs.h1.location_city

Mortgage Accounting Operations Analyst

The Mortgage Accounting Operations Analyst plays a crucial role in supporting the daily accounting and financial operations within the mortgage division. This position is responsible for managing Correspondent and TPO recovery activities, Early Payoff "EPO" and Early Paydown "EPD" activities, support of transactions. Additional responsibilities include Treasury support such as wire validation, wire and ACH entry and posting of cash receipts. The analyst will work closely with the accounting, servicing and TPO / Correspondent teams to ensure the accuracy of financial records, adherence to regulatory standards, and timely reporting of financial data. The role also requires ensuring compliance with mortgage industry regulations, managing accounting processes, and contributing to process improvements.

Duties / Responsibilities :

• Represent the company in customer-facing activities and support of TPO and Correspondent invoicing, collections and support
• Work with TPO and Correspondent AEs and management on recovery efforts
• Generate, deliver and process TPO and Correspondent puts and invoices
• Analyze financial data and ensure proper classification of mortgage-related accounts, ensuring accuracy and completeness of financial records.
• Collaborate with internal stakeholders (e.g., loan servicing, operations, IT) to ensure data accuracy in reports and systems.
• Validate wire and ACH information with counter-parties
• Enter wires and ACH for the company
• Maintain and reconcile the general ledger for mortgage transactions, including loan origination, servicing, interest accruals, and related expenses.
• Review and validate mortgage loan data for accuracy, ensuring proper categorization of transactions.
• Assist in tracking mortgage loan payment schedules, principal balances, and interest accruals, providing timely updates to senior management as needed.
• Ensure compliance with internal controls and external regulatory requirements, including RESPA (Real Estate Settlement Procedures Act), HMDA (Home Mortgage Disclosure Act), and other mortgage-specific regulations.
• Identify areas for improvement in the accounting operations related to mortgage transactions and financial reporting processes.
• Collaborate with other departments to streamline workflows, enhance automation, and increase the efficiency of accounting operations.

Required Skills / Abilities :

Education and Experience :

Healthy work-life balance.

We are committed to supporting a healthy work-life balance and fostering an environment of productivity and collaboration. This position follows a hybrid schedule for team members working in our corporate offices, combining on-site presence with remote flexibility. Our hybrid model is designed to promote teamwork and engagement while also providing the adaptability professionals need to manage their responsibilities effectively.

Benefits

Spring EQ is an Equal Opportunity Employer. We make all employment decisions based on merit and business needs. If you require a reasonable accommodation at any stage of the hiring or employment process, please contact recruiting@springeq.com