Description

Job Description Summary:

Under the supervision and guidance of the Mortgage Investor Reporting Manager, the Consumer Loan Servicing Specialist 2 is responsible for reporting and remitting principal and interest collections to investors and reconciling custodial accounts on their behalf. The Specialist 2 as a seasoned employee performs the more complex aspects of reporting, remitting, and reconciling with assistance from the Mortgage Investor Reporting Manager. Frequent changes within the industry require the Specialist 2 to understand and comply with new reporting requirements on an on-going basis. A Specialist 2 is expected to be capable of performing any work for any investor, FHLMC/FNMA/GNMA and Private Investor as assigned. The Specialist 2 works with less seasoned employees under the guidance of their manager to cross train them as needed on all types of investors, while also specializing in one of the larger GSE investors, FHLMC/FNMA/GNMA.

• Review, research and resolve variances in Investor Reporting utilizing internal and external systems and reports.

• Respond to investor inquiries regarding reporting or remittance differences, escalating inquiries when required.

• Aggregate loan activity from various sources into summary remittance reports.

• Accurately remit calculated funds due to investors within specified time frames.

• Reconcile all loans daily per Investors to ensure data integrity of the loan portfolio.

• Work with Investor Accounting to clear outstanding reconciling items in custodial accounts by performing monthly custodial account reconciliations, balancing cash received to the expectations of the investor in accordance with the most current investor guidelines.

• Motivated self-starter with a proven ability to multi-task.

• Remain up to date on Investor Requirements.

• Handles internal/external problems/exceptions while actively seeking out ways to improve and fix broken processes with manager and other departments to amend procedures as applicable.

• Assists with responses to regulatory examinations and audits including information gathering and analysis of the data.

• Implement, monitor, and successfully complete projects as required/assigned.

• Assist in developing and maintaining procedures within the department.

This is a hybrid position. You must be located near a Huntington Corporate Office.

Basic Qualifications:

• 3 or more years of computer experience including MS Excel, experience utilizing the following functions: V-Lookup, H-Lookup, Concatenating formulas, Conditional Formatting, and Pivot Tables.

• Experience with general accepted accounting principles.

• 1 or more years experience in Financial Services Industry

• High School Diploma or equivalent

Preferred Qualifications:

• Associate Degree

• Good organization and problem-solving skills.

• Ability to see the big picture.

• Experience with at least one larger Government Sponsored Entity i.e., FHLMC/FNMA/GNMA in Investor Reporting

#LI-Hybrid

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

Workplace Type:

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

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