First Line Defense Analyst II (On-site)

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.

POSITION SUMMARY

The First Line Defense Analyst II is responsible for utilizing investor servicing knowledge to prepare Business Performance testing for multiple areas in investor servicing, communicate those results to the manager and assist with remediation efforts identified through testing. In addition, compilation of audit materials requested as well as policy and procedure review will be expected. The analyst will also ensure department controls and policies and procedures are updated when there are either audit findings or updates to department processes.

DESCRIPTION

Duties and Responsibilities

• Department point of contact for internal and external audit requests; compiles internal and external audit documentation.
• Prepare Business Performance testing for multiple departments, which includes (but is not limited to) Fannie Mae, Freddie Mac, Ginnie Mae or Private investor remittances, cutoff reporting, and reconciliations.
• Manage remediations, through to completion, in response to audit and/or business performance testing findings with respective departments.
• Propose process improvements as a result of Business Performance testing and/or audit findings.
• Test policies and procedures to ensure the process performs as expected.
• Maintains and follows procedures and controls within the monthly process.
• Heavy use of Microsoft Excel for data analysis and reporting.
• Handle ad-hoc reporting or research as directed by management.
• Demonstrate flexibility to ever-changing business needs and requirements.
• Possess an understanding of GSE and/or GNMA servicing guides and a willingness to interpret pooling and servicing agreements.
• Researches and resolves data issues, proposes solutions for future process enhancements.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• High School Diploma or equivalent required.
• Bachelor's Degree in Accounting or Finance preferred.
• 3+ years of Mortgage Servicing experience required; 2+ years prior Investor Reporting experience required.

Skills, Abilities, and Knowledge

• Advanced MS Excel experience required.
• SQL or other database reporting experience preferred.
• Servicing Director knowledge a plus.
• Knowledge of basic accounting principles and practices.
• Solid analytical skills, particularly regarding assessing the probability and impact of an internal control weakness.
• 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.
• Strong organizational and time management skills necessary.
• Ability to manage multiple tasks and shift priorities as appropriate to meet reporting deadlines and maintain reporting accuracy and analysis abilities with strong attention to detail.
• Self-motivated with strong attention to detail and excellent organization skills.

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.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

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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