Job Description:

Job Profile Summary
This job is responsible for financial reporting, analytics, and monitoring results of servicing functions performed on "Serviced for Others" loans, asset loans and aggregate loan portfolios. Key responsibilities include accurate, efficient, and timely preparation of financial analysis for the servicing portfolio of investors and/or corporate finance. Job expectations include applying sound judgment, focusing on key areas of borrower, investor, and corporate impact to ensure accurate management and administration of the portfolios.


At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Job Description:
This job is responsible for financial reporting, analytics, and monitoring results of servicing functions performed on "Serviced for Others" loans, asset loans and aggregate loan portfolios. Key responsibilities include accurate, efficient, and timely preparation of financial analysis for the servicing portfolio of investors and/or corporate finance. Job expectations include applying sound judgment, focusing on key areas of borrower, investor, and corporate impact to ensure accurate management and administration of the portfolios.

Responsibilities:

• Handles complex and varying levels of transactions requiring subject matter expertise of Loan Servicing and forensic accounting to resolve aged and complex transactional issues

• Reviews and understands legal contracts and government regulations to manage the collateral of the investor

• Provides support and assistance to team manager while mentoring teammates

• Possesses working knowledge of the mortgage business and financial reporting and analytics

Skills:

Analytical Thinking
Attention to Detail
Process Performance Measurement
Reporting
Research
Critical Thinking
Data Collection and Entry
Oral Communications
Result Orientation
Written Communications

Job Specific Responsibilities

• Reporting, remitting and reconciling Investor loan portfolios according to investor requirements

• Reviewing data to ensure all calculations have been performed per investor requirements and make corrections accordingly

• Responding to inquiries from investors and internal departments accurately and timely

• Handling all Investor remittance requirements

• Preparing bank reconciliations, conducting applicable research and initiating actions for timely and effective clearing of items (i.e. Cash-to-Test and Pool-to-Security Research)

• Performing functions as outlined for the Investor Analyst as necessary to accommodate workflow and meet established deadlines

• Preparing audit confirmation forms received from investors , or assisting in providing internal and external auditors in obtaining and verifying accuracy of investor reports, remittances, and reconciliations

• Performing related tasks as required

Required Skills:

• Strong communication and problem solving skills are essential.

• Candidates must also show characteristics including strong work ethic, attention to detail, and initiative.

• Excellent oral and written communication skills; understands audience and communicates at an appropriate level of detail.

• Strong drive for results; persists despite obstacles. Conveys a sense of urgency to achieve goals and exceed expectations.

• Ability to simultaneously manage multiple demands to achieve optimal efficiency and productivity.

• Analytical ability to focus on details, identify issues, and recommend solutions.

• Ability to work independently while functioning collaboratively as part of a larger team.

• Must have the ability to build strong relationships across the enterprise.

Shift:

1st shift (United States of America)

Hours Per Week:

40