Note: The job is a remote job and is open to candidates in USA. Carrington Mortgage Services, part of The Carrington Companies, provides integrated mortgage lending, servicing, and real estate services. The Investor Reporting Analyst generates monthly accounting and investor reports, analyzes results, balances cash activity, remits funds, and ensures compliance with servicing agreements and investor guidelines.
Responsibilities
- Creates and distributes daily and monthly loan-level reports to appropriate trustee, including the Loan Modification Report, REO Liquidation Gains and Losses, and Stop Advancing Report
- Balances cash received against cash remitted including advance activity tracking and balancing
- Remits funds to investors to meet servicing agreements by preparing wire transfers
- Forecasts principal and interest advance for the securitization on monthly basis, using specified pooling and servicing agreement; ensures that reports are prepared within the timeframes and other terms established in the servicing agreement. - To determine if a payment is due
- Review payment history and system posting to balance cash activity and roll forward balances
- Maintains the reporting system of all changes of scheduled principal balances, stop codes, and reinstated loans
- Reviews the pool-to-security reconciliation for discrepancies of loans to make the necessary corrections
- Analyzes remittance differences between investor accounting reports and remittance reports to maintain cash in the custodial account
- Performs other duties and special projects as assigned
Skills
- High school diploma or equivalent required
- One (1) to two (2) years of related experience, including investor accounting and reporting, required
- In-depth knowledge of relevant regulatory requirements required
- Ability to understand complex problems and to collaborate and explore alternative solutions
- Ability to make decisions that have moderate impact on the immediate work unit
- Ability to organize and prioritize own work schedule on a short-term basis (longer than one month)
- Ability to add, subtract, multiply, and divide and to record, balance, and check results for accuracy
- Ability to express or exchange ideas by means of the spoken word, communicating orally with others accurately, audibly, and quickly
- Ability to read and understand investor and agency guidelines with regard to investor reporting and accounting, payment application, and custodial accounts
- Great attention to detail and organizational skills
- Bachelor's degree in related field preferred
Benefits
- Comprehensive healthcare plans for you and your family.
- A discretionary 401(k) match of 50% of the first 4% of pay contributed.
- Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
- Customized training programs to help you advance your career.
- Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
- Educational Reimbursement.
- Remote work from home.
Company Overview