Advance Facility Analyst I (On-site)

Job description

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Primary Function

The Advance Facility Analyst I will play a key role in managing the financial operations of our organization's advance facilities.   The Advance Facility Analyst I is responsible for creating/submitting reporting to the advance facilities, and monitoring all cash transactions, including bank deposits, transfers, and wire transfers, and maintaining accurate records of these transactions.

Principal Duties

• Prepare advance facility reports, including daily/weekly/monthly reporting related to servicing advances and recoveries.
• Conduct regular audits of facility financial records to ensure accuracy and compliance with internal policies and external regulations
• Assist in adding new deals to existing advance facilities
• Maintain accurate and up-to-date records of all cash transactions and reconcile any discrepancies for certain processes
• Initiate and process wire transfers in a timely and accurate manner.
• Assist with researching loan level outages identified by management.
• Assist with gathering documentation needed to complete audit requests.
• Collaborate with other finance team members to identify and implement process improvements.
• Be able to organize, analyze and draw conclusions of data sets pertaining to Servicing Advance Facilities.
• Performs related duties as assigned by management.

Education and Experience Requirements 

• High school diploma or equivalent, required.
• Bachelor’s degree preferred.
• 1+ years Mortgage Servicing

Knowledge, Skill, and Ability Requirements 

• Proficient working knowledge of Microsoft SQL, Microsoft Outlook, Word, and Excel.
• Strong verbal and written communication skills.
• Excellent time management skills to complete multiple deadlines with minimal supervision.
• Strong analytical mindset.
• Excellent communication and interpersonal skills,
• High level of attention to detail.
• Ability to work well under pressure and meet tight deadlines.

Additional Information:

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

• Adoption Assistance

• Tuition & Certification reimbursement

• Employee Mortgage Loan Program

• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)

• Matching Gifts Program - dollar-for-dollar up to $1,000

• Access to grants, nonprofit resources, and volunteer opportunities

• More than $6,000,000 donated since 2020

• 1 in 5 employees participates in at least one Employee Resource Group (ERG)
  

Equal Employment Opportunity 

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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