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

Senior Investor Accountant at Pennymac (Dallas, TX)

| Dallas-Fort Worth, TX | Hybrid
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The Senior Investor Accountant serves as a subject matter expert in investor reporting and remitting for investors which could include FNMA, FHLMC, GNMA, Private MBS and/or Special Servicing. The primary function may also involve completing a portfolio of Principal & Interest (P&I), Taxes & Insurance (T&I) and/or clearing account bank reconciliations with high complexity.
The function also requires operational knowledge and experience in completing the investor accounting activities associated with servicing acquisitions and/or service releases.
The Senior Investor Accountant works with management to improve department performance by providing staff with on-the-job training, identifying and implementing process improvements, and ensuring adherence to the departmental policies and procedures.
Job Description
  • Create monthly investor reporting packages with 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 normal business processes
  • 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 and act as senior liaison with other business units and Investor Accounting
  • Experience with the acquisition and on-boarding of GSE and private pools
  • Complete custodial bank reconciliations with high complexity
  • Complete monthly quality reviews of Test of Expected Principal and Interest reconciliations, Pool to Security balancing and Clearing accounts balancing
  • Assist in reviewing investor reporting packages completed by Investor Accountants I, II & III and serve in a backup capacity, as needed
  • Update management tracking reports to monitor assigned accounts
  • Identify and analyze process deficiencies and implement enhancements and new controls, as needed, to improve operations
  • Maintain policies & procedures, and controls for assigned body of work
  • Assist in the training and development of employees
  • Participate in the performance evaluation of 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:
  • 10+ years mortgage industry / financial services experience
  • 7+ 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
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Technology we use

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