Loan Servicing Specialist

Overview

Position Title:

Mortgage Loan Processor

Work Type:
Remote

Office

Location:

51 Madison Avenue, Manhattan, NY 10010

Duration:
Initial 6-month contract with the possibility of extension with the right candidate

Working Hours:

Standard office hours (9 AM – 5 PM)

Employer:

Veterans Sourcing Group, LLC

$34.00/hr - $36.00/hr

• Perform accounting for mortgage loan investments and service a portfolio of loans, including recording journal entries (acquisitions, dispositions, collections, disbursements, adjustments, etc.).
• Address various ad-hoc loan tasks/inquiries (billing, escrow analysis, escrow payments, payment history, adjustable-rate settings, etc.) for internal and external clients.
• Support financial and investment reporting, including STAT and TAX reporting, and participate in projects as required.
• Contribute to a well-controlled environment by following procedures and collaborating with the team.

• Service a portfolio of loans, including communication with borrowers/servicers/colleagues, processing transactions, researching payments, preparing/reviewing escrow analysis, full payment statements, amortization schedules and loan payment histories.
• Execute assignments according to procedures and controls; apply decision making to operational requests.
• Prepare, gather, analyze, build, organize and/or review reporting for various requests and inquiries.
• Prepare reporting assignments with clearly documented workpaper references.
• Assist with special projects and research work.

• Learn existing reporting sources and develop/improve reporting.
• Prepare test plans and assist with planning and testing new systems, releases and reporting enhancements.
• Provide feedback for process improvements and implement procedures (e.g., more efficient system use, enhanced reports).
• Provide ad-hoc reporting as needed.

• Bachelor’s Degree in accounting, business and/or computer science preferred; other degrees considered.
• 3+ years of experience in loan servicing of commercial mortgage loans; construction loans a plus.
• Knowledge of SS&C’s Precision LM system.
• High proficiency in Excel.
• Knowledge of Qlik Sense, Business Objects, Crystal Report Writer and Microsoft SQL Server technology to create SQL Queries a plus.
• Strong organizational and communication skills; team player with self-starter attitude; ability to work independently.
• Ability to solve problems by analyzing and proposing solutions using education, experience, judgment and precedents.

• Two Rounds
• Possible 2nd round interview:
  Fellow manager (Video or In-Person preferred)

• Job function:
  Analyst
• Industries:
  Insurance

Note:

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