The Servicing Advance Senior Analyst is responsible for managing and analyzing servicing advance processes for mortgage portfolios. This role involves overseeing advance reconciliations, forecasting, reporting, and ensuring compliance with investor guidelines. The Senior Analyst will work closely with internal teams and external stakeholders to manage cash flows, identify trends, mitigate risks, and support the financial health of the servicing business.  The role will be hybrid out of our Horsham, PA office. 

• Ensure Corporate and T&I Advances are calculated correctly and are processed timely through the subservicing invoice, (as well as ensuring they align with the appropriate subservicing agreements)
• Complete detailed review of reconciliation of corporate, escrow, and third-party advances (daily, monthly, as needed)
• Participate in projects related to the automation of advance data received from sub-servicers into Lakeview.
• Document/maintain desktop procedures for all job duties.
• General Accounting Tasks.
• Record Advance Accrual entry monthly.
• Record Acquisition Advances for new deals monthly.
• Reconcile Final Acquisition Advance deals to boarded amounts (daily/as needed)
• Track partial claims payable to sellers upon receipt of cash.
• Work with transaction management/seller claims to clear items due to Sellers/Subservicers.
• Accounting Reconciliation Tasks.
• Prepare account reconciliations for Boarded Not Disbursed, Service Release Transfers, Escrow, Corporate and third-party Advance.

Qualifications

• Bachelor’s degree in finance/accounting preferred or 5 years’ mortgage-related accounting experience.
• Previous experience in an analytical environment.
• Proficiency in accounting for servicing transfers between subservicers and other third parties, including loan-level advance review.
• Knowledge of current agency guidelines for servicing advance recoverability on all loan types.
• Intermediate/Advanced proficiency with MS Excel, MS SQL
• Strong sense of urgency in solving problems, meeting challenging deadlines, and achieving critical goals
• Strong interpersonal skills
• The ability to work well in a collaborative team environment.
• Able to effectively and professionally communicate to others verbally and in writing.

Certifications, Licenses, and/or Registration

N/A

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and hear. The noise level in the work environment is usually moderate. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.

EEOC

Lakeview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence, and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.