Employment Opportunities » Controller (Mortgage / Loans)
Controller (Mortgage / Loans)
Job Type: Full Time
Posted: January 31, 2017
Location: Greater Philadelphia Area
Responsibilities:
- Daily and monthly reconciliation and reporting of all loan related transactions, including loan fundings, loan sales, interim servicing activities, warehouse lines of credit
- Fair value accounting for interest rate lock commitments and loans held for sale
- Analysis of required reserves for loan losses
- Analysis of net interest income as it relates to loans and warehouse lines of credit
- Monthly hedge entry
- Manage monthly P&L statements for various branches, divisions and the company
- Interim servicing activities
- Calculates commissions and reviews for accuracy
- Oversees payroll processing
- Preparing commissions for LOs and Branch Managers
- Calculates and reviews monthly bonuses
- Oversees expected vs actual loan variances and its resolutions
- Works closely with Human Resources regarding employee changes
- Oversees Purchase Advice reconciliation
- Oversees accounts payable issues
- Completes bank and warehouse reconciliations
- Overseeing accounting and servicing dept.
- Responsible for all financial and regulatory reporting as it pertains to finance and accounting: investor, NMLS, Fannie/Freddie, state examinations, HUD etc.
- Working with external auditors on the yearly audit
- Analysis of current financial state of the company
- Evaluating performance of various departments
- Creating models and pro-forma for potential sales opportunities
- Various ad-hoc reporting
- Assisting managers in maximizing efficiencies and identifying problem areas
Requirements:
- BS in Accounting/Finance; CPA preferred but not required
- Experienced in accounting or auditing in the financial services industry, preferably banking or mortgage banking
- Knowledge of accounting rules, regulations, policies, and procedures that is reflective of the financial services industry
- Experience in AMB or similar loan level accounting systems
- Strong Microsoft Excel skills including Pivot Tables and Vlookups
- Small team supervision a plus
- Positive attitude and ability to work efficiently in a fast-paced environment.
