Corporate Advance Control AnalystThe Corporate Advance Control Analyst will be an integral part in the enhancement of controls, visibility and oversight of RoundPoint's servicing advance assets. This position will be responsible for the analysis of financial data and mortgage servicing activity to cultivate correct accounting treatment, identify opportunities to reduce losses, and provide visibility and insight to RoundPoint's leadership teams. The Corporate Advance Control Analyst will play a key role in refining existing processes along with designing, implementing and creating procedures for new processes.Working Relationships:The Corporate Advance Control Analyst will report to the Corporate Advance Control Manager and will partner with the key stakeholders across the entire company including the Finance department, Loan Administration, Investor Reporting, Default Servicing, and Claims Management.Responsibilities:Sustaining reporting of all servicing advances, primarily through SQLConduct quantitative analysis of advances over multiple population levelsIdentify opportunities to increase income, lower expenses, and recover receivablesPerform qualitative reviews of servicing advance expenditures and claim fund receiptsEvaluate and enhance quantitative analysis of advances across multiple loan populationsAnalysis of Unclaimed Funds, including timely reporting and remittance of Escheatable itemsProvides daily, weekly and monthly reporting on advances, recoveries and incentives, including loan level details and consulting of servicing advance trends and opportunities as they ariseAid in the securitization and funding of our servicing advances through debt facilitiesAid in the delivery of monthly liquidity planning and forecasting on servicing advancesAssist in the governance of transaction methodology and allocation mapping between Servicing and AccountingAssist with initiatives and projects as it relates to the goals of the team and leadershipProvide line of business level review and consulting of servicing advance trends and opportunities as they ariseProvide ad-hoc reporting and analysis services as required to meet business needsRequirements:Minimum of two years of recent experience as a data analyst, report developer, or another related title in a financial services environmentBachelor's degree, preferably with emphasis in Finance/Accounting or Computer ScienceExperience with SQL programming language is preferredExperience with Black Knight Financial Services MSP is preferredStrong "big picture" understanding of servicing operations, internal controls and accountingStrong proficiency with the Microsoft Office Suite with an emphasis in Excel as a critical requirementStrong technical aptitude for learning new software and systemsIndependent ability to uniquely identify, collect, and assess data to create analytical solutions to complex business problemsExcellent organizational and time management skillsDemonstrated ability to effectively communicate with both internal and external customers, peers, and managementMust be a self-starting individual flexible to change and able to manage in a fast paced environmentGood organizational and problem solving skills with ability to handle multiple tasksExpansive experience with collaborative project oversight across all facets of mortgage servicingPhysical Demands & Working ConditionsThe 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 accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:Ability to communicate effectively through speech and hearing, both in-person and over the phone.The employee is required to sit for extended periods of time and is occasionally required to stand and walk.Remaining in a stationary position for extended periods, frequently sitting but occasionally involving standing or walking short distances; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.Regular use of hands and fingers for tasks like keyboarding, operating office equipment, and filing documents.Ability to lift and move objects weighing up to 10 pounds, and potentially up to 20 pounds occasionally.Ability to observe details at close range, such as viewing a computer screen, reviewing documents, and performing data analysis.The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.About RoundPoint Mortgage Servicing LLCRoundPoint 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.LocationFort Mill, SCCoppell, TXEmployee StatusNon-ExemptTravelnone
Corporate Advance Reconciliation Analyst in fort mill at Unknown Company
This position is listed as full time and onsite.