Specialist, Investor Reporting at Ocwen Financial Corporation (Houston, TX)

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Job Description

As an established leader in the Reverse Mortgage Origination space, PHH is excited to be building a best in class Reverse Mortgage Servicing platform. This platform will service our own originated product and ultimately provide outstanding servicing to third-party clients. Over the coming months, we will be building out the Servicing platform and leveraging our existing infrastructure where ever possible. Come join our team and get in on the ground floor to be a part of this exciting opportunity. We are looking for motivated, talented individuals that thrive in a fast paced environment that are eager to be part of this new team.

Under the supervision of the Investor Reporting Supervisor, the Investor Reporting Specialist is responsible for the timely and accurate issuance of all Investor Billing in accordance with Investor contractual agreements.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily:
  • Coordinate monthly billing and reporting requirements with other departments to ensure timely issuance of investor invoices.
  • Retrieve reports from ReverseQuest, REO Central, Corporate Accounting, Seabreeze and other areas to complete investor billing for each billing period.
  • Create validation reports to compare ReverseQuest data to invoices issued by Seabreeze.
  • Enter into the Seabreeze all the required data to generate the monthly invoice.
  • Review all transactions and totals to ensure Seabreeze information is accurate before sending to Manager for approval. Email the approved invoices to groups provided by the Investors.
  • Set up contract data into Seabreeze for new Investor and submit to Manager for approval.
  • Respond to Investor Billing related audit request.
  • Cross train on all desk within Investor reporting and provide backup as needed on daily basis.
  • Miscellaneous duties as assigned.
  • 3 - 5 years investor reporting or bank account reconciliation required
  • 3 - 5 years mortgage reconciliation preferred
  • High School degree, or GED required.
  • College degree or equivalent years in accounting/Mortgage Servicing preferred
  • Must be proficient in basic accounting skills (
  • Knowledge of Mortgage Banking, Investor Reporting very helpful
  • High proficiency level with MS Excel (v-lookup and pivot tables),
  • Strong attention to detail and ability to perform complex analysis and reconciliations
  • Excellent organization skills
  • Strong oral and written communication skills
  • Ability to develop and/or maintain sound business relationships - internally and externally at all levels of an organization
Training / Licensing Requirements:
  • Must pass the Company's Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.
More Information on Ocwen Financial Corporation
Ocwen Financial Corporation operates in the Financial Services industry. The company is located in West Palm Beach, FL, Rancho Cordova, CA, Waterloo, IA, Fort Washington, PA and Addison, TX. Ocwen Financial Corporation was founded in 1988. It has 10001 total employees. To see all 8 open jobs at Ocwen Financial Corporation, click here.
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