What are the responsibilities and job description for the Loan Administration - Tax Specialist position at Two Harbors Investment Corp.?
The Tax Specialist will have a key role in the day-to-day analysis and decisions related to Taxes. The Specialist will assist in the development and implementation of strategies and the long-term operational plan to grow the department’s capabilities and improve the effectiveness of the department functions. This position will play a key role in the management of Tax vendors to ensure SLAs are maintained.
The Tax & Escrow Specialist reports to the Tax Supervisor of the Escrow Department. This role works closely with key business partners within Servicing and the balance of the organization to build strong working relationships.
Responsibilities
Required:
Physical Demands & Working Conditions
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
The Tax & Escrow Specialist reports to the Tax Supervisor of the Escrow Department. This role works closely with key business partners within Servicing and the balance of the organization to build strong working relationships.
Responsibilities
- Assist in the overall analysis of tax functions from loan closing through life-of-loan servicing and/or servicing transfers including systems/technology development; regulatory and legal requirements; training; operating requirements/procedures; reporting requirements and integration for the following functional groups:
- Tax Administration:
- Tax Bill Procurement and Payment
- Vendor management of Tax Outsourcer
- Research
- Manages day-to-day vendor/service provider relationships, including participating in contract negotiations, establishing and monitoring service delivery/productivity/quality standards, setting priorities, analyzing costs, etc.)
- Develops and/or enhances process improvements and manages accurate and timely functional reporting Manages employee productivity and measures performance
- Develops and/or enhances department processes, methodologies, and process tools
- Collaborates with key stakeholders across the organization to drive quality improvement in Loan Servicing
- Participates on non-Servicing corporate project teams when needed
- Understands the organization's direction, structure, and requirements to translate into action plans
- Provides recommendations to management on process improvement opportunities within the department and outside where applicable
- Incumbent will be responsible for meeting RoundPoint’s commitment to compliance
Required:
- Bachelor’s degree in a Business Administration, Accounting / Finance, or similar discipline
- Strong Excel capabilities, and analytical mindset
- Must be willing to embrace challenges and ongoing improvements in a heavily regulated industry
- Positive attitude and inquisitive personality will be key attributes to succeeding in this position
- Prior experience in financial services preferred, but not required
- Excellent written, presentation and oral communication skills
- Results Oriented – track record of delivering quantifiable results to the organization
Physical Demands & Working Conditions
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