Loan Servicing Investor Reporting Specialist
Regions Bank
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- Pay
- $44.4K
- a year
- Location
- Memphis, TN
- Work style
- On-site
- Job type
- Full time
- Posted
- Nov 4
- 1 day ago
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Career path
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About the company
Regions Bank
Banking · 10,001+ employees
What you'll do
- Ensures accurate and timely reporting of loans serviced for Freddie Mac and private investors
- Ensures delinquency reporting is completed accurately and timely
- Performs reporting, remitting and reconciliation for the loan portfolio
- Performs monthly reconciliation for investor custodial bank accounts and related general ledger accounts
- Prepares and analyzes monthly accounting reports used to calculate remittances
- Ensures compliance with investor guidelines and reporting deadlines
- Handles investor correspondence and inquiries related to reporting, remitting and reconciling
- Identifies opportunities for and supports process improvements
What you need
- High School Diploma or GED
- Two (2) years of loan servicing or related work experience
- Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
- Data entry and typing skills
- Proficient in Microsoft Excel and Word
- Strong time management
- Strong written and verbal communication skills
- Experience working with MSP (Mortgage Servicing Platform) (preferred)
Key skills
Microsoft ExcelMicrosoft WordData entryTyping skillsTime managementWritten and verbal communicationAccounting principlesFinancial processesMSP (Mortgage Servicing Platform)
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Perks
- Paid Vacation/Sick Time
- 401K with Company Match
- Medical, Dental and Vision Benefits
- Disability Benefits
- Health Savings Account
- Flexible Spending Account
- Life Insurance
- Parental Leave
See full description on company page, apply now
Read the full posting here
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Loan Servicing Investor Reporting Specialist ensures accurate, efficient, and timely preparation of financial analysis for all loans with the servicing portfolio on a monthly, quarterly, and annual basis for investors. Investors may include Fannie Mae, Freddie Mac, Ginnie Mae, as well as other private label investors, including life insurance companies, real estate trusts, and securities firms that invest in mortgage bonds.
Primary Responsibilities
Ensures accurate and timely reporting of loans serviced for Freddie Mac and various private investors
Ensures delinquency reporting is completed accurately and timely to various entities
Performs all reporting remitting and reconciliation for the loan portfolio
Performs monthly reconciliation for investor custodial bank accounts and related general ledger accounts
Prepares and analyzes monthly accounting reports used to calculate remittances for investor portfolios
Ensures compliance with investor guidelines, ensuring daily and monthly reporting remitting and reconciling deadlines are met as required by investors
Handles investor correspondence and inquiries related to reporting, remitting and reconciling
Ensures compliance with risk management programs, rules and regulations, and cybersecurity practices; identifies opportunities for and supports process improvements; applies disciplined change management practices
May provide guidance to less experienced associates
This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.
Requirements
High School Diploma or GED
Two (2) years of loan servicing or related work experience
Skills and Competencies
Ability to interpret and ensure compliance with applicable rules, regulations, and industry guidance
Data entry and typing skills
Proficient in Microsoft Excel and Word
Strong time management
Strong written and verbal communication skills
Additional Skills and Competencies
Experience working with MSP (Mortgage Servicing Platform) preferred
Knowledge of accounting principles and financial processes preferred
This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience .
This position is intended to be onsite, now or in the near future . Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense. The locations available for this role are: Memphis, TN.
Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$44,412.50 USD Median:
$54,406.50 USD
Incentive Pay Plans:
This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
Paid Vacation/Sick Time
401K with Company Match
Medical, Dental and Vision Benefits
Disability Benefits
Health Savings Account
Flexible Spending Account
Life Insurance
Parental Leave
Employee Assistance Program
Associate Volunteer Program
Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Poplar Main
Location:
Memphis, Tennessee
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.