Pennymac has the mindset and agility of a startup, with the power and backing of a large public company.
Dallas-Fort Worth, TX

Investor Accountant at Pennymac (Dallas, TX)

| Dallas-Fort Worth, TX
Sorry, this job was removed at 8:46 a.m. (CST) on Wednesday, January 19, 2022
Find out who's hiring in Dallas, TX.
See all Finance jobs in Dallas, TX
Apply Now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
The Investor Accountant III is responsible for completing medium to high complex monthly reporting and remitting for investors which could include FNMA, FHLMC, GNMA, Private MBS and/or Special Servicing. The primary function may also include completing Principal & Interest (P&I), Taxes & Insurance (T&I) and/or clearing account bank reconciliations with medium to high complexity.
The Investor Accounting III is also responsible for timely and accurate completion of any assigned special projects.
The position also requires a thorough understanding of the underlying governing documents (Agency and Private Investor Servicing Agreements, Regulation AB, USAP) for the assigned investor portfolio.
Job Description
  • Create monthly investor reporting packages with medium to high complexity and manage the associated remittances to investors
  • Strict adherence to the Agency and Private Investor Pooling & Servicing Agreements (PSA), Regulation AB, USAP and other guidelines for timely and accurate reporting, remitting, and reconciling
  • Review and interpret reporting requirements for assigned deals and create step sheets. Provide feedback to management on requirements outside of the normal business process
  • Analyze and address reporting exception inquiries received from the investor(s)
  • Balance and reconcile investor remittances; verify funds availability for P&I remittances
  • Serve as the primary contact for all matters pertaining to the assigned portfolio
  • Complete medium to high complex Test of Expected Principal and Interest analyses and clear exception items timely
  • Complete custodial bank reconciliations with medium to high complexity
  • Support management with identifying and analyzing process deficiencies; assist Management with implementation of process enhancements and/or new controls
  • Maintain policies & procedures, and controls for assigned body of work
  • Assist in the training and development of new employees
  • Assist with internal and external audits, as required, to ensure all guidelines are met
  • Performs other related duties and assist with projects as required
  • Demonstrate behaviors which are aligned with the organization's culture and values
Ideal Candidate will have the following:
  • 7+ years mortgage industry / financial services experience
  • 5+ years Investor Reporting experience including GSE and private MBS reporting & remitting
  • Must be highly proficient in Excel and Word
  • Proficient knowledge in Access, MS SQL preferred
  • Excellent problem solving, mathematical and sound judgment skills
  • Strong communication skills including solid business acumen and ability to interface with senior management
  • Must be a team player with attention to detail and able to work independently
  • Proven track record at delivering timely and accurate information in a fast paced environment
Years of Experience:
Bachelor's Degree
See More
Apply Now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • .NETLanguages
    • PerlLanguages
    • PythonLanguages
    • RubyLanguages
    • AWS Cloud ServicesLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • ReduxLibraries
    • AngularJSFrameworks
    • Node.jsFrameworks
    • Ruby on RailsFrameworks
    • SpringFrameworks
    • MongoDBDatabases
    • MySQLDatabases
    • PostgreSQLDatabases
    • TableauAnalytics
    • ConfluenceManagement
    • Google DriveManagement
    • Google DocsManagement
    • Google SlidesManagement
    • JIRAManagement
    • GitLabManagement
    • SalesforceCRM

What are Pennymac Perks + Benefits

Pennymac Benefits Overview

Pennymac puts its people first. Our generous health, dental and vision benefits are available to all full-time employees. Our tech department also hosts fun, team-building events and activities.

Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily sync
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Dedicated Diversity/Inclusion Staff
Highly diverse management team
Unconscious bias training
Diversity manifesto
Diversity Employee Resource Groups
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Mental Health Benefits
Retirement & Stock Options Benefits
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Diversity Program
Lunch and learns
Promote from within
Mentorship program
Time allotted for learning
Online course subscriptions available
Customized development tracks

An Insider's view of Pennymac

What are some social events your company does?

Our Tech team has great events, including casino & trivia nights, virtual happy hours, gaming - we’ve even sponsored a video game tournament against our industry competitors! We’re nationally disbursed, but regardless of where people live, we’re all part of one interactive, linked community, and it’s easy to find others who share your interests.


Senior Developer, Production

How do you collaborate with other teams in the company?

The culture at Pennymac has cultivated a great sense of teamwork in which we all succeed, fail, and learn together. We collaborate in many ways - from video calls to morning coffee hours, ad hoc huddles, email, chat, and sometimes while playing ping pong or pool in the cafeteria. Everyone is encouraged to work together to accomplish a common goal.


Vice President, IT Program Management

How has your career grown since starting at the company?

My time at Pennymac has rocketed my career as a software dev. In two years I went from having no professional coding background to managing three applications in production, managing two direct staff and contributing to open-source libraries. My time has given me the experience and skills to successfully create new tech products that make money.


Assistant Vice President, Application Development

How do your team's ideas influence the company's direction?

As a company, we're one very cohesive, supportive team with various areas of expertise. It's like a potluck - everyone brings something different, but it all comes together perfectly. Company management believes in us, trusts us, and invests in us. That provides the opportunity to build positive outcomes for our business and our customers.


Managing Director, Technology Infrastructure

What are some things you learned at the company?

Our team constantly works to better itself by delivering software on time without shortcuts or compromising quality. At Pennymac, I have the opportunity to own many critical day-to-day database operations. I've had the flexibility to be innovative, which has allowed me to grow as a developer.


Senior Developer, Database

More Jobs at Pennymac