What are the responsibilities and job description for the Investor Reporting Specialist I position at Midland States Bank?
Pay Range: $18.50-$22.00/hour
At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.
Position Summary
This position falls within Investor Reporting, a Loan Administration unit. The Investor Reporting Specialist I has a good understanding of all the operational tasks assigned to this unit and as is able to execute basic and re-occurring less complex tasks with minimal assistance. This individual will assist and provide support as needed in order to foster and sustain a strong team environment.
Primary Accountabilities
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Capably handles basic and re-occurring less complex tasks tied to investor servicing and reporting which includes the following:
- Daily and monthly remittances
- Portfolio reconciliation
- Monthly reporting
- Transfer of held for sale loans to servicing
- Custodial account reconcilement research & resolution
- Competently handles the tasks tied to supporting the GNMA multifamily servicing team.
- GL Reconciliation.
- Processes all Serviced Released transactions and Goodbye letters.
- Scans, files, and re-files reports and documents in the bank’s imaging system as related to investor reporting tasks performed.
- Processes loan payments mailed to St. Louis.
- Good understanding of all regulatory and legal guidelines pertaining to job duties.
- Meets all guidelines surrounding all assigned functions.
- Escalates complex and one-off transactions.
- Observes all security, privacy and compliance requirements.
- The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
- May require work in a Midland office to ensure collaboration and support of internal and external customers.
- Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
- Other duties as assigned.
Position Qualifications
Education/Experience:
- Associates Degree with 1-3 years relevant banking experience.
- Demonstrated ability to learn and use new software and programs.
- Proficient in Microsoft Office Suite.
Competencies:
- Business insight
- Cultivates innovation
- Drives results
- Makes sound decisions
- Being a brand champion
- Collaborates
- Communicates effectively
- Customer focus
- Being Authentic
- Emotional Intelligence
- Self development
- Being flexible and adaptable
At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
Salary : $19 - $22
