What are the responsibilities and job description for the Sr. Reconciliation Analyst position at RoundPoint Mortgage Servicing LLC?
The Sr. Reconciliation Analyst is responsible for managing the day-to-day cash operation activities. This includes aspects of payment processing, exception resolution, reconciliation, training and development of staff, and adhering to best-in-class activity workflow. The Sr. Reconciliation Analyst ensures rejected and/or misapplied funds are identified, researched, and resolved in a timely manner. Processes suspense, reversals, payoffs, and exceptions in accordance with established policies and procedures. Performs system updates upon receipt of approved modification, liquidation, and recast documentation. The Sr Analyst also assists the Supervisor with management responsibilities, including qualitative evaluations to ensure functional accuracy across Cash Operations and assisting with team data analytics.
Primary Responsibilities
Required:
Duties
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.
Location
Primary Responsibilities
- Processes transactions accurately and timely in accordance with departmental and investor guidelines.
- Exception Item Processing.
- Resolution of posting errors.
- Assist in gathering internal and external audit materials.
- Staff development – training new hires.
- Quality reviews and reporting.
- Contributes to RPMSC initiatives by participating in special projects and/or other responsibilities as assigned.
- Document the system with comments regarding disposition of work items.
- Makes recommendations for the improvement of controls and processes within the department.
- Communicates any trends and / or problems with recommended solutions to management.
- Ensure all policies and procedures reflect the actual processing within the area.
- Incumbent must meet RoundPoint’s commitment to compliance.
- Other duties and tasks, as assigned.
Required:
- BA/BS or 4 years’ experience in Mortgage Servicing or Accounting related field required
- Knowledge of Mortgage Cash flows
- LPS/MSP system experience/knowledge a plus
- Cash operations experience a plus
- Experience with Passport a plus
- Analytical and problem-solving skills with the ability to take corrective action utilizing independent judgment
- Must be a self-starting individual flexible to change and able to manage in a fast-paced environment with a positive team player attitude.
Duties
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
- The employee is regularly required to talk or hear.
- The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
- The employee must regularly use hands to finger, handle, or feel objects and is regularly required to reach with hands and arms; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
- The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.
- Specific vision abilities required by this job include close vision, distance vision, color vision, and ability to adjust focus.
- The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.
Location
- Fort Mill, SC
- Regular
- No
