DEPARTMENT:      CUHMS                                                 FACILITY:         Headquarters

REPORTS TO:       Sr Investor Acct/Production Manager          SUPERVISES:  N/A

GRADE LEVEL:      7                                                            FLSA STATUS:  Non-Exempt

POSITION SUMMARY

ESSENTIAL JOB FUNCTIONS

• Processes FICS daily close out for Mtg. Servicing Dept. Runs MS/MA daily closeout programs, balances related custodial account with payment reports and loan fundings
• Processes FICS investor group transfers for newly funded loans.
• Reconciles mortgage disbursement checking account with daily checks disbursed by Mtg. Servicing Dept. through FICS system
• FNMA/FHLMC daily investor reporting, payment remittance and reconciliation processes per the investor guidelines.
• Facilitates CUHMS invoice processing with Accounting, reconciliations of corresponding GL’s with invoices
• Daily Mortgage Rate sheet maintenance and distribution
• Processes CUHMS line of credit requests and repayments
• Pull FNMA Purchase Advice and perform corresponding loan maintenance
• Process correspondent loan funding transactions
• Pull FNMA/FHLMC monthly reconciliation reports from investor servicing system
• Cancelled/Withdrawn loan maintenance (pay related invoices, update secondary tracking, cancel investor commitments)
• Check in new loan promissory notes when received to Mtg. Servicing Dept.
• Order investor loan promissory notes for paid in full loans
• Assist and backup when needed in secondary marketing tracking, investor/correspondent loan commitment ordering, annual investor/credit union audits, and FNMA/FHLMC DQ reporting
• Assist and backup when needed in monthly FICS close out and partner invoice processing
• Backup monthly FNMA/FHLMC reporting, reconciliations, loan delivery, and shipping
• Other duties, as assigned

DESIRED QUALIFICATIONS AND REQUIREMENTS

Education and Experience:

• Minimum of a High School diploma or equivalent.
• 2 years of accounting experience.
• Experience with Investor/Secondary Marketing accounting desired.
• Mortgage or Loan Servicing experience a plus.
• Experience using MS Word and Excel or similar applications

KNOWLEDGE, SKILLS AND ABILITIES

• Strong verbal, written, and interpersonal skills.
• Detail oriented and good organizational skills.
• Ability to perform mathematical calculations and collect and analyze data.
• Ability to work independently and as a team member.
• Ability to present a positive and professional image to all employees and members.
• Ability to use a mainframe and personal computer.
• Ability to use a 10-key.
• Ability to interpret and analyze financial data.
• Solid problem-solving skills.
• Ability to organize and prioritize to meet work deadlines.

PHYSICAL CONSIDERATIONS

• Position requires the ability to effectively and efficiently communicate with a diverse field of membership and staff.
• Position requires the ability to sit or stand for long periods of time.
• Position requires the ability to work on computers for a long period of time in an office environment.
• Position requires the ability to be issued and maintain a valid notary certification.
• Position requires flexibility of hours during high volume periods.