Key Responsibilities:
Financial Oversight:
- Manage and review journal entries and reconciliations related to mortgage loans and servicing activities.
- Ensure timely and accurate month-end and year-end closings, including consolidation entries.
- Prepare and analyze financial statements, ensuring compliance with GAAP and relevant regulations.
Regulatory Compliance:
- Lead audits related to mortgage servicing and loans, coordinating with external auditors and regulatory bodies.
- Stay updated on changes in mortgage accounting regulations and implement necessary adjustments to policies and procedures.
Process Improvement:
- Evaluate and enhance accounting systems and processes for efficiency and effectiveness.
- Identify internal control deficiencies and implement improvements to mitigate risks resources.
Team Leadership:
- Supervise and mentor accounting staff, providing training and development opportunities.
- Assign tasks, monitor performance, and conduct performance evaluations.
Cross-Functional Collaboration:
- Work closely with departments such as Capital Markets, Loan Production, and Servicing to ensure accurate accounting and reporting.
- Assist in compiling data for new bond issues and other financial instruments.
Desired Skills:
Experience of working in commercial real estate lending industry for Agency loans either in underwriting, appraisal, asset management, servicing, portfolio management, financial modelling, securitization. Knowledge of using third party reports, loan documents and analysing borrower's financial statement.
- Should have Handed a team of 10+ members
- Candidates open to relocate to Pune can be considered
- Qualification: any commerce graduate/ post graduate
- Considerable notice period: max 30 days (Immediate joiners preferred)
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