Contract Servicer Balancing Analyst I (Contingent)
Rocket is a company looking for a Contract Servicer Balancing Analyst I to join their team. This role is responsible for ensuring the accuracy of reports and remittances from primary servicers, conducting complex research on various servicing issues, and acting as a liaison between investors and servicers.
Responsibilities
- Under strict deadlines and within established timeframes, reconcile complex reports received from primary servicers in accordance with Servicing Agreements and Departmental policy
- Act in the role of relationship manager to his/her counterparties for all reports assigned
- Complete research on difficult issues relating to servicer reporting, cash settlement issues, and servicer inquiries
- Research and correct servicing errors or discrepancies within established timeframes and ensure accurate information is sent to the trust and investors
- Point of contact for escalated servicer issues. Direct servicers in accordance with servicing requirements and instruct servicers on the resolution of issues
- Act as liaison between the investor and the servicer to answer all investor’s questions relating to monthly reporting
- Subject matter expert on department policy and procedures assigned by manager. Maintain and update policy and procedures based on latest industry requirements
- Ensure that all assigned primary servicers report and remit in accordance with timeframes established in the corresponding Servicing Agreements
- Ensure that cash receipts, servicer discrepancies and/or servicer billings are identified and cleared within established timeframes
- Prepare wires for distribution to servicers based on monthly reporting requirements
- Be active, reliable and visible part of your team and assist all members of the team to excel to the best of their ability. Be a positive example to all team members
- General knowledge of multiple departments within Master Servicing. May be assigned to assist other departments should the need arise
- May perform other related duties or ad hoc projects within the scope of responsibilities
Skills
- Bachelor's degree preferred and typically does not require previous professional level work experience
- High school diploma or state accepted equivalency is required with equivalent experience
- Mortgage and Financial Services experience a plus
- Proficiency with MS Office with particular emphasis on MS Word, Excel and PowerPoint
- Exposure to mortgage-specific software; accurate reporting with introduction to data analytics
- Possesses clear and professional verbal and written communication skills when used both internally and externally
- Effectively presents accurate information to varying audiences
- Demonstrated ability to work autonomously to perform required work assignments
- Ability to build strong relationships with team and manager
- Routine customer interaction that requires strong ability to build and manage relationships
Benefits
- Position may also be eligible for to enroll in contributory medical, dental, STD plans within first 30 days of employment with• •Contemporary Staffing Solutions• •
Company Overview