Who We Are Shellpoint Mortgage Servicing (SMS) is one of America's top-five non-bank mortgage-servicing companies. What is mortgage servicing? Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or "service") their loan portfolios, which means that we collect homeowners' mortgage payments, pay their tax and insurance bills, and help homeowners in default to get current.
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.
Direct Reports
N/A
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.
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. Company Perks
15 Paid Time Off (PTO) days and 18 after 1st anniversary!
9 Paid Holidays
Employee Engagement Activities
Company Benefits
Medical (including Health Savings Account & Flexible Savings Account)
Dental - RX - Vision - Life, Disability Insurance - 401(k) Plan with company match! - Employee Assistance Plan
Performance-based Incentives
Pet Insurance
Advancement Opportunities
Newrez NOW
Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
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.