Loan Accounting Manager

Who we are:

Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone's Mission, Vision & Core Convictions.

We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.

Who we are looking for:

Cornerstone Servicing is seeking an experienced Loan Accounting Manager to join our Servicing Division! This position will oversee loan accounting processes. Specifically, this role is responsible for timely and accurate accounting and settlement of investor loan sales/purchases; maintaining accurate portfolio reporting by investor; completing monthly portfolio reporting and summarizing activities for Executive management. This role will also ensure the loan accounting activities are in compliance with investor, regulatory, government, and company guidelines.

• Location: Onsite daily in Englewood, CO
• Compensation: $115-135k

Key Responsibilities:

• Lead and manage a team of reporting professionals, providing direction, training, and performance feedback
• Coordinate Investor setup within the system of record
• Report and reconcile cash settlements related to loan purchases and sales
• Coordinate with internal and external counterparties for loan movement into/out of investor portfolios and ensure purchases/sales are timely and accurately recorded
• Analyze large amounts of data and condense into Executive level analytics
• Maintain accurate loan accounting records to provide transparency to investors via month-end reporting
• Escalate to management any deficiencies, problems or concerns that might become a potential risk
• Address investor inquiries and respond to internal and external audit requests
• Develop and maintain effective and positive relationships both with internal and external business partners
• Identify opportunities to streamline and enhance investor reporting processes
• Develop and implement documented procedures and perform an annual review/update of department policies and procedures
• Complete special projects as assigned

Knowledge, Experience, Education Required:

• Associate degree preferred or equivalent work experience
• Five to eight years of experience working in a mortgage environment, specifically in Investor Reporting and Accounting
• Minimum 5+ years in a management role or supervisory role
• Excellent critical thinking, problem solving, mathematical and judgement skills
• Strong analytical skills, a rigorous attention to detail, and numeric aptitude is a must
• Make sound decisions based upon department procedures, company policies, knowledge, and experience
• Ability to multi-task in a fast-paced environment, while still being detailed and results oriented
• Ability to contribute to the department in line with the company's vision and core values, driving frequent and continual organizational change and improvement
• Effective presentation, verbal, and written communicator
• Excellent interpersonal and relationship building skills * Advance computer skills to include SQL, Microsoft Office Suite (Word, Excel, Outlook, Visio, etc.) with an emphasis on Excel

What we offer:

Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.

What to do next:

If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.