Servicing Accounting – Associate

Role Summary/Purpose

The Servicing Accounting Associate will support the Residential-Credit and Agency business units by executing the portfolio operations of the Residential Mortgage Loan and Mortgage Service Rights products (collectively, “Mortgage Products”). This role resides within the Financial Operations (“FinOps”) Team at Annaly which is responsible for the middle office, valuation, and portfolio accounting activities of the Company. Annaly invests in Mortgage Products through bulk or flow channels and this role is responsible for the trade lifecycle, data integrity, validations, exceptions, reporting and act as a liaison with the business and technology solutions teams. These Mortgage Products are a high growth area of Annaly resulting in expanding operations and new business initiatives. The Associate level at a REIT is a mid-level position directly under VP within the REIT structure providing guidance, support and team management in this role.

Essential Responsibilities

• Create reports in SQL and data connections within Excel to improve process and increase efficiency
• Support development and maintenance of SQL Server Analysis Services data cubes
• Prepare management and regulatory reports and conduct ad hoc analysis
• Partner with upstream business units such as the desk, resi credit and Servicing Oversight to ensure data accuracy and create internal reconciliation routines and controls. Support automation initiatives: Build relationships with business users, gain deep understanding of their processes and how they are currently utilizing technology, develop improvements
• Evaluate systems and create logic documentation to ensure full utilization of reconciliation and data tools available and/ or partner with IT where applicable to create additional system functionality
• Reconcile sub-servicer remit data to internal systems (test of expected cash, pool to security) as well as external systems (FNMA and FHLMC systems) and coordinate with internal and external parties to resolve differences
• Review corporate and escrow advance reserve allocation models thru partnership with IT, Portfolio Accounting and MSR oversight
• Validate and review controls in monthly sub-servicer invoices and cash settlement processes
• Identify and resolve data quality issues and collaborate with database developers to remediate issues

Qualifications/Requirements

• Bachelor’s degree in Accounting, Finance and/or Computer Science or the equivalent work experience.

• 3 years experience in Investor Reporting, Investor Accounting, Servicing Accounting or Data Analytics
• 2-3 years of experience developing reporting solutions using technical, data modeling and business analysis skills
• Reciliation and research skills with an ability to problem solve and adapt to change
• Strong Excel skills, including ability to utilize index, match, sumproduct, and pivot tables
• Technical skills including SQL, SQL Server Analysis Services, Power BI
• Mortgage servicing platform experience a strong plus (MSP, LSAMS, SBO, etc.)
• Ability to manage multiple tasks simultaneously and work in a time-sensitive environment
• Ability to clearly and effectively communicate, both written and verbally
• Strong organizational, analytical and data modelling skills

Eligibility Requirements:

• Dallas, TX, job location is required. Role reports to a team based in NYC
• The role is hybrid with a 3/2 schedule
• Must be willing to submit to a background investigation
• Must have unrestricted work authorization to work in the United States
• Must be willing to work additional hours as needed to complete deadline driven projects

Annaly is committed to equal employment opportunity and providing reasonable accommodations to qualified candidates and employees pursuant to applicable law. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you require reasonable accommodation as part of the application process, please contact our Human Resources department.