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CMG Financial · 2 months ago

Loan Accounting Analyst II (Default and Loss Mitigation)

United States

Full-time

Remote

Mid Level

$65K/yr - $75K/yr

CMG Financial is seeking a Loan Accounting Analyst II to manage financial transactions and perform loss analyses. The role involves overseeing year-end tax statements and ensuring compliance with investor guidelines while analyzing financial losses related to delinquent loans and other default events.

BankingMortgage

Growth Opportunities

Responsibilities

Reconcile and review default-related expenses (e.g., foreclosure costs, property preservation, legal fees) with accuracy and timeliness

Maintain accurate financial records for loan accounts and perform audits on expense submissions and claims

Analyze financial data to identify trends, variances, and discrepancies, generating detailed reports on claims, expenses, and recoveries

Investigate and resolve discrepancies in financial reporting and recommend corrective actions

Collaborate with foreclosure, bankruptcy, and loss mitigation teams to resolve reconciliation and claims discrepancies

Ensure adherence to federal, state, regulatory, and investor guidelines while maintaining up-to-date knowledge of internal policies and procedures

Meet established performance standards for compliance, job knowledge, quality, attendance, efficiency, and initiative

Participate in special projects and assignments as needed

Qualification

Loan accounting processesMortgage servicing knowledgeAnalytical skillsMicrosoft Office proficiencyProblem-solving skillsCommunication skillsOrganizational skillsTeamworkAdaptability