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Dovenmuehle · 1 day ago

Investor Accountant l

Lake Zurich, IL

Full-time

Hybrid

New Grad, Entry Level

$18/hr - $20/hr

Dovenmuehle Mortgage, Inc. is the leading mortgage subservicing firm in the United States with several hundred financial institution clients nationwide. The Investor Accountant I will ensure timely and accurate reporting, remitting, and reconciliation to various mortgage investors, while generating required accounting reports and resolving discrepancies.

Banking

Responsibilities

Generate required monthly accounting reports for assigned investors, ensuring accuracy and completeness of reports and compliance with investor guidelines

Prepare reports and remit funds associated with monthly loan activity, payoffs, short sales, and other events according to investor guidelines and contractual due dates

Transfer new loan sales before cutoffs at the correct UPB, service fee, and investor loan number

Complete research, resolve and clear complex exceptions

Ensure complex bank account and cash reconciliations are completed timely and accurately and are cleared of exceptions

Reconcile actual activity to reported activity, research, resolve, and document all variances in the Investor Reporting application

For Scheduled/Scheduled investor, ensure loan/pool level security balances, test of expected P&I and cashbook reports are properly maintained. For Scheduled/Actual investors, ensure test of expected P&I and cashbook reports are properly maintained

Respond to high profile clients’ and investor inquiries quickly and appropriately

Identify potential risks, communicate them to management, take appropriate steps to mitigate risk, and identify solutions for future avoidance

Comply with the Code of Conduct and regulatory training requirements

Successfully complete annual regulatory compliance training

Additional duties as assigned

Qualification

Accounting degreeAnalytical skillsProblem-solving skillsMicrosoft applicationsMath skillsCPI/Alltel/Fidelity/LPSCommunication skillsAttention to detail

Required

Degree in Accounting, Finance, or related discipline or equivalent combination of education and experience

Excellent math skills

Solid PC skills: Proficient with Microsoft applications

Strong analytical and problem-solving skills and attention to detail/accuracy

Effective verbal and written communication skills with demonstrated ability to always interact in a positive and professional manner with all levels of both internal and external audiences