Weekend Drive: Investor Service Analyst: Mr Cooper, Chennai

Job Description

Job Description Summary: Responsible for the assigned monthly reporting, remittance and reconciliation of FNMA/FHLMC/PLS investors. These investor pools are typically simple to medium complex, in their closure and outage/variance analysis. This includes functions related to loan acquisitions, services releases and advance analysis. Description: The Investor Services group is responsible for timely and accurate completion of reporting, remitting, and reconciling for assigned GSE and PLS investors. This includes activities relating to loan acquisitions, services releases, corporate and P&I Advance analysis. Roles and Responsibilities: Performs analysis of exception reports during the reporting cycle in order to make required corrections to the loans. Acts in the role of relationship manager to his/her counterparties when reporting. Continuously reviews processes and procedures and recommends new ones to management and other departments within the company to improve the productivity and quality. Strictly adheres to the Agency and Private Investor Servicing Agreements, Regulation AB, USAP and other guidelines for timely and accurate reporting, remitting, and reconciling. Timely and accurately prepares and delivers investor reporting for Agency or Private Investors. Prepares remittances to investors along with related cash management functions. Performs reconciliations of accounts for either Agency, Private Securities, or Clearing Accounts. Reconciling accounts with 30 calendar days. Clears reconciling items within 90 days from the point of identification or earlier based on investor guidelines, either through internal wires, escalations or investor adjustments Prepares wires and GL entries as needed to remit or clear aged items timely and accurately. Performs detailed loan level analysis of loan exceptions, using Excel and various workflow and servicing systems Special projects as assigned Job competencies: Communication: Excellent verbal and written communication skills that are used to communicate with investors and other internal business teams. Planning and Organizing: Gives suggestions on how to improve processes or create efficiencies; Conducts daily activities in a planned, organized fashion, and deals with change effectively and able to adapt rapidly