Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
 

Primary Function

The VP Investor Accounting is responsible for ensuring accurate, efficient, and timely preparation of financial analysis for all loans with the servicing portfolio on a monthly, quarterly, and annual basis for investors. Investors may include Fannie Mae, Freddie Mac, Ginnie Mae, as well as other private label investors, including life insurance companies, real estate trusts, and securities firms that invest in mortgage bonds.

Direct Reports

• Sr Director Investor Accounting

Principal Duties

• Ensure accurate and timely reconciliation of various PI/ TI and clearing test of expected and bank reconciliations.
• Partner with Financial Controls and Compliance teams to ensure there is a sound control framework, detailed and accurate management reporting and appropriate escalation processes and policies in place to ensure adherence to best practice as well as investor requirements and regulations.
• Determine root cause and themes of outages and partner with business units upstream and downstream to reduce outages.
• Partner with Corporate Accounting on accounting projects as well as ensure reserves and servicing losses are appropriately identified with accurate and timely reporting to Accounting.
• Introduce and enhance automation routines, identify system enhancements and partner with Analytics and IT teams on implementation.
• Carry out management responsibilities in accordance with the organization's policies and applicable laws, including hiring and training employees; planning, assigning, and directing work; monitoring performance, rewarding, and disciplining employees; addressing complaints and resolving problems.
• Review monthly remittance reports, where applicable, ensuring the accuracy and consistency of the data.
• Work with staff members to resolve any reporting issues with the trust, ensuring policies are enforced and ensuring the timeliness of resolution of compliance related issues.
• Develop routines to ensure that REG AB, USAP and Investor Audits are clean.
• Provide general support for special projects, providing information and resolving issues.
• Performs related duties as assigned by management.

Education and Experience Requirements

• Bachelor's Degree in Accounting or Finance required.
• 12+ years of private or GSE Investor Accounting required.
• 5+ years’ senior leadership experience required.

Knowledge, Skill, and Ability Requirements

• Advanced MS Excel experience required including pivot tables, vlookups and other complex formulas.
• Proficient in MS Word and PowerPoint
• SQL or other database reporting experience preferred
• Servicing Director knowledge a plus
• Proven ability to build strong relationships with stakeholders, learn quickly, be flexible and think strategically.
• Strong communication skills to interact with Senior Management and other business units.
• Working understanding of operational risks and related controls.
• Understanding of RegAB and USAP Guidelines

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave

• Pet insurance

• Adoption Assistance

• Tuition reimbursement

• Employee Loan Program

• The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity 
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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