Associate, Mortgage Loan Accounting
New York Life Investments, a division of New York Life Insurance Company, is one of the world's largest global asset managers.
With more than $500 billion in assets under management, the Investments Group manages premiums paid by the company's six million policyholders, and a global asset management business.
New York Life Investments offers a full suite of guaranteed products and annuities, as well as institutional and retail asset management products.
It also oversees ten independent investment management boutiques responsible for managing the company's third party assets.
Description:
A full-time position that provides support for Mortgage Loan accounting functions within New York Life Investors, LLC, an integrated asset management enterprise with over $235 billion under management as of September 30, 2016.
Additional responsibilities for real estate assets and partnership accounting are functions within the group that may be rotated into this position upon job growth.
Responsibilities :
Perform all accounting (including processing journal entries) for mortgage loan investments.
Service a portfolio of loans.
This includes tasks such as - communication with borrowers/servicers/colleagues, processing transactions, researching payments, preparing/reviewing escrow analysis, full payment statements, amortization schedules and loan payment histories.
Execute assignments according to company/department's procedures, controls and systems and incorporate decision making in his/her work related to operational requests.
Participate in preparing various types of reporting including information provided to outside rating agencies, other departments and management.
Gather, analyze and review information for auditor's requests, schedules, annual statement, general interrogatories and tax department.
Prepare, plan and test new system releases and/or reporting enhancements.
Contribute feedback and work through improvement opportunities (i.
e.
using systems differently to improve efficiency, enhanced reports, etc), including researching, developing and implementing procedures.
Assist with special projects/research work.
Provide ad-hoc reporting.
Knowledge and Skills:
BS in Accounting is preferred, but will consider BS for other business degrees.
Knowledge of Microsoft Excel and Microsoft Word.
Knowledge of Business Objects, Crystal Report Writer and SS&C's Loan Management System is a plus.
Individual must maintain high organizational skills, good communication skills and be a team player.
Ideal candidate is self-starter with good listening skills who is willing to learn.
Leadership skills; including accountability for all work contributions and providing informal guidance to other team members as necessary.
Problem solving skills; expect candidate to solve problems by analyzing and providing possible solutions using education, experience, judgment and precedents.
SF:
LI-ES1 SF:
EF-ES1 EOE M/F/D/V If you have difficulty using or interacting with any portions of this Web site due to incompatibility with an Assistive Technology, if you need the information in an alternative format, or if you have suggestions on how we can make this site more accessible, please contact us at:
576-5811.
Based on revenue as reported by Fortune 500, Ranked within Industries, Insurance:
Life, Health (Mutual), Fortune Magazine, June 15, 2015.
See for methodology.
1.
Operating earnings is the key measure use by management to track Company's profitability from ongoing operations and underlying profitability of the business.
This indicator is based on generally accepted accounting principles in the US(GAAP), with certain adjustments Company believes to be appropriate as a measurement approach ( non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2.
Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.
Associate, Mortgage Loan Accounting.
Estimated Salary: $20 to $28 per hour based on qualifications.
With more than $500 billion in assets under management, the Investments Group manages premiums paid by the company's six million policyholders, and a global asset management business.
New York Life Investments offers a full suite of guaranteed products and annuities, as well as institutional and retail asset management products.
It also oversees ten independent investment management boutiques responsible for managing the company's third party assets.
Description:
A full-time position that provides support for Mortgage Loan accounting functions within New York Life Investors, LLC, an integrated asset management enterprise with over $235 billion under management as of September 30, 2016.
Additional responsibilities for real estate assets and partnership accounting are functions within the group that may be rotated into this position upon job growth.
Responsibilities :
Perform all accounting (including processing journal entries) for mortgage loan investments.
Service a portfolio of loans.
This includes tasks such as - communication with borrowers/servicers/colleagues, processing transactions, researching payments, preparing/reviewing escrow analysis, full payment statements, amortization schedules and loan payment histories.
Execute assignments according to company/department's procedures, controls and systems and incorporate decision making in his/her work related to operational requests.
Participate in preparing various types of reporting including information provided to outside rating agencies, other departments and management.
Gather, analyze and review information for auditor's requests, schedules, annual statement, general interrogatories and tax department.
Prepare, plan and test new system releases and/or reporting enhancements.
Contribute feedback and work through improvement opportunities (i.
e.
using systems differently to improve efficiency, enhanced reports, etc), including researching, developing and implementing procedures.
Assist with special projects/research work.
Provide ad-hoc reporting.
Knowledge and Skills:
BS in Accounting is preferred, but will consider BS for other business degrees.
Knowledge of Microsoft Excel and Microsoft Word.
Knowledge of Business Objects, Crystal Report Writer and SS&C's Loan Management System is a plus.
Individual must maintain high organizational skills, good communication skills and be a team player.
Ideal candidate is self-starter with good listening skills who is willing to learn.
Leadership skills; including accountability for all work contributions and providing informal guidance to other team members as necessary.
Problem solving skills; expect candidate to solve problems by analyzing and providing possible solutions using education, experience, judgment and precedents.
SF:
LI-ES1 SF:
EF-ES1 EOE M/F/D/V If you have difficulty using or interacting with any portions of this Web site due to incompatibility with an Assistive Technology, if you need the information in an alternative format, or if you have suggestions on how we can make this site more accessible, please contact us at:
576-5811.
Based on revenue as reported by Fortune 500, Ranked within Industries, Insurance:
Life, Health (Mutual), Fortune Magazine, June 15, 2015.
See for methodology.
1.
Operating earnings is the key measure use by management to track Company's profitability from ongoing operations and underlying profitability of the business.
This indicator is based on generally accepted accounting principles in the US(GAAP), with certain adjustments Company believes to be appropriate as a measurement approach ( non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2.
Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.
Associate, Mortgage Loan Accounting.
Estimated Salary: $20 to $28 per hour based on qualifications.
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