Job description

The Loan Sales & Transfers Analyst is responsible for the daily transfer of Fannie Mae, Freddie Mac, Ginnie Mae, and/or Private Investor loans/pools in accordance with investor purchase advice statement.

About Servbank

Allied First Bank, sb dba Servbank, founded in 1994 in Illinois. As one of the nation’s Top 10 subservicing providers, we are putting the “service” back into subservicing by offering the winning combination of People + Technology. Our people are dedicated professionals with industry experience, who are committed to providing superior customer service and personalized support for our clients. Our innovative technology gives you fully transparent, 100% accessible, on-demand view of your portfolio. Servbank is a full-service subservicer, with a diverse portfolio and quality products and services, who is dedicated to our partners’ success. Grow happiness with us and drive your business forward.

Servbank is a different kind of company, and we do business a different way. Because home is where the heart is, every action we take is heartfelt.

We take pride in being an innovative, autonomous, customer-service focused, and tech-oriented company. By living our Core Values of People Matter, Inspiring Leadership, Strength of Character and Rock Solid Service, we have created a culture of excellence that strives to provide the one thing that all of our customers seek: The Perfect Customer experience!

Duties:

• Completes daily reconciliation of loans/pools purchased and processes pool set ups and loan transfers. Researches and documents any differences and works with internal teams to ensure servicing system data is accurate.
• Identifying and funding any cash differences to ensure the investor custodial accounts are properly funded and remain in compliance.
• Process Investor loan repurchases, including calculating repurchase figures, properly funding bank accounts, and processing repurchase within the servicing system.
• Review and validate controls in place before month-end cutoff activities in accordance with applicable Investor/remittance type (Actual/Actual, Scheduled/Actual, Scheduled/Scheduled)
• Maintain policies and procedures in accordance with Company and Investor Guidelines.
• Working collaboratively with internal partners including Servicing, Accounting, Compliance, and IT to ensure processes align with investor guidelines, activity is reported accurately, and continually identifying opportunities for process improvement and efficiencies.
• Essential the candidate is comfortable with working with large amount of data efficiently.

Experience and Skills:

• 1 - 2+ years of experience in Investor Reporting/Accounting mortgage servicing environment including GNMA, FHLMC, FNMA, and Private investors.
• Knowledge and understanding of MSP required.
• Strong knowledge of mortgage accounting, investor reporting, and/or cash management procedures in the mortgage lending and servicing field.
• Team player with attention to detail and the ability to work independently.
• Knowledge of FHA, VA, and USDA loan guidelines
• Knowledge of Ginnie Mae, Fannie Mae or Freddie Mac servicing guidelines
• Ability to handle large amounts of data with efficiency and ease. SQL experience is a plus.
• Experience using Microsoft Office with an emphasis on Excel (pivot tables, v-lookups)
• Ability to communicate effectively with internal teams, external clients, and investors.
• Strong organizational skills.
• Strong time management skills; uses time effectively; consistently meets deadlines.
• Documents regularly, thoroughly, accurately, and completely.
• Exercises good and consistently fair judgment, courtesy, and tact in dealing with internal teams and public in giving and obtaining information.
• High level of computer literacy and the ability to adapt to a variety of technologies.
• Proficiency in writing reports, business correspondence, and procedure manuals

Education

Bachelor’s Degree from a Four (4) year College or University or equivalent combination of education and experience

EEO Statement:

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Job Type: Full-time

Pay: $63,000.00 - $72,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Experience:

• Investor Reporting: 1 year (Preferred)

Work Location: Remote

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