Team Lead - Investor Accounting (On-Site)

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We're a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that's why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Primary Function

Responsible for the group's timely and accurate completion of P&I and T&I Custodial reconciliations,

and is responsible for the implementation, maintenance, and communication of company policies and procedures. This position requires a high degree of discretion, sound judgment, initiative and

knowledge of Investor Reporting guidelines. This position works with all levels of employees within the organization and requires strong organizational, communication, and planning skills.

Principal Duties

• Reconcile P&I and T&I Custodial accounts on timely basis and within the Investor's established guidelines (FNMA, FHLMC, GNMA, and PLS).
• Responsible for the training of new and current Investor Accounting analysts. Provide continuous feedback to staff.
• Review and approve P&I and T&I Custodial accounts and bring to Manager's attention any exception items requiring special handling or analysis.
• Oversee process improvement initiatives, research projects with other departments, and company initiatives.
• Review current internal controls and implement approved procedures to correct any deficiencies.
• Work with upstream departments and the Investors to resolve any custodial variances. Assure that proper procedures are followed, and final resolution occurs.
• Ensure that Investor guidelines are adequately followed, and tracking reports are properly maintained.
• Research and gather reports and documentation requested for all audits.
• Performs related duties as assigned by supervisor.

Education and Experience Requirements

• College degree required
• Preferred 5-8 years Investor Accounting experience.

Knowledge, Skill, and Ability Requirements

• Preferred knowledge of FHA, VA, and USDA loan guidelines.
• Preferred knowledge of Fannie Mae, Freddie Mac, and Ginnie Mae servicing guidelines.
• Organizational skills with attention to detail.
• Ability to assess workload and workflow to prioritize functions to meet deadlines.
• Strong written and verbal communication skills.
• Strong PC skills (Excel)
• Ability to work and interact with all levels in an organization

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.

Additional Information:

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.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We're a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

• Adoption Assistance

• Tuition & Certification reimbursement

• Employee Mortgage Loan Program

• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you'll have opportunities to give back, lead, and make a difference.

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)

• Matching Gifts Program - dollar-for-dollar up to $1,000

• Access to grants, nonprofit resources, and volunteer opportunities

• More than $6,000,000 donated since 2020

• 1 in 5 employees participates in at least one Employee Resource Group (ERG)

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.

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