Servicing Investor Reporting Analyst in Westlake Village, CA at AmeriHome Mortgage Company

Date Posted: 5/10/2020

Job Snapshot

Job Description

Position Title

Servicing Investor Reporting Analyst

What we’re looking for:

The Servicing Investor Reporting Analyst is responsible for the flow of data and cash settlements between AmeriHome, its subservicers and non-Agency purchasers of whole loans.

What you will do:

  • Account Reconciliations
    • Perform multiple reconciliations accurately and on time including bank accounts and investor accounts. Communicate exceptions with appropriate parties, and work with internal peers to initiate the settlement of cash if needed.
    • Identify and resolve reconciliation differences within account timeframe by working with the appropriate internal/external parties to resolve differences.
    • Drive the automation of reconciliations using internal systems.  Will need to partner with internal departments to initiate change.
    • Assist in the monthly review and reconciliation of repurchases.
  • Service Release
    • Scratch and Dent loans
      • Work directly with the buyer and seller to coordinate the transfer of servicing of loan(s) from one servicer to another.  Must understand the sales agreement to ensure a successful transfer.
      • Ensure all RESPA requirements are fulfilled and that the final reporting and cash settlement take place within the agreed upon timeframe.
      • Be able to work through issues that arise, and escalate appropriately.
    • Whole loan trades, MSR and Repurchases
      • Establish relationships with buyers and coordinate service release schedules with AmeriHome’s subservicers and subsequent servicers.
      • Complete the final reconciliation at time of transfer and remit P&I collections to new servicer.  Ensure that sub-servicer remits T&I funds timely.
      • Create interim reporting and initiate the remittance when contractually obligated.
  • Retained Non-Agency Sales
    • Establish non-Agency relationships with subservicers as new agreements are executed.  This includes setting up the new investor numbers which contain all of the criteria that are set out in the servicing contract.
    • Oversee subservicers’ delivery of reports and remittances to non-Agency investors, validating timeliness and accuracy.
    • Fielding the questions that arise, completing the necessary research and responding in an appropriate timeframe. 
  • Repurchases
    • Coordinate and validate the investor repurchase calculations from AmeriHome’s sub-servicers and calculate the seller repurchase amounts on loans that are being repurchased by AmeriHome and/or by the loan originator.
    • Maintain repurchase tracking, initiate repurchase wires, and ensure that the loan is being serviced by the correct party.
  • Subservicer Invoice
    • Review monthly invoice for service release charges.
    • Identify any discrepancies, and review results monthly with manager.
  • Other
    • Perform other duties as assigned.

What you will need:

  • 3+ years mortgage servicing experience
  • Basic understanding of financial reconciliation and balancing
  • Proficiency in Microsoft Office products (Excel, Word, etc.)
  • Clear and concise communication skills
  • Must be able to multi-task, detail oriented, have analytical and critical thinking skills and be able to work in a fast paced environment
  • Ability to work independently and as a team player

What will really catch our eye:

  • Black Knight (MSP) experience a plus

Our top performers share the following traits:

  • Excellent communications skills
  • Extremely detail oriented
  • Strong multi-tasking skills

What we offer:

At AmeriHome, our employees are our most important asset. To demonstrate our commitment to them, in addition to a competitive compensation package, we offer a comprehensive suite of benefits to help our employees manage their personal lives and plan for the future, while working hard at their home away from home. We offer a generous contribution strategy that keeps our benefits competitive and affordable and ensures that we are able to attract and retain the best talent.

Who We Are

AmeriHome Mortgage was established in 2014.  By 2017, we earned the distinction of being a top 10 mortgage lender.  AmeriHome is a privately held, multi-channel, mortgage investor, direct-to-consumer lender, and servicer, licensed in 49 states, and headquartered in Thousand Oaks, California with offices in Irvine, CA and Dallas, TX.

Focused on delivering excellence in lending, our motivation for success is represented throughout the company and thrives from the trust built between all employees.  AmeriHome is always looking for top talent to join our growing, fast-paced, and friendly teams.