Student Veterans of America Jobs

Welcome to SVA’s jobs portal, your one-stop shop for finding the most up to date source of employment opportunities. We have partnered with the National Labor Exchange to provide you this information. You may be looking for part-time employment to supplement your income while you are in school. You might be looking for an internship to add experience to your resume. And you may be completing your training ready to start a new career. This site has all of those types of jobs.

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Newtown Savings Bank Residential Finance and Operational Specialist (onsite) in Newtown, Connecticut

Location: Newtown, CT

Newtown Savings Bank is seeking an accounting professional to join our Retail Lending team in the role of Residential Finance and Operational Specialist at our Newtown, CT, Corporate location. The Residential Finance and Operational Specialist is responsible for performing accounting and financial requirements of the Retail Lending Department. Responsibilities will include general ledger account reconciliation and reporting. In addition, this position will be an advocate for process improvement and will promote the use of technology to drive efficiency and assist the department to manage costs more effectively. This is an onsite opportunity at our Corporate office in Newtown, CT. This role has remote option of one day per week.

PRIMARY RESPONSIBILITIES

  • Responsible for General Ledger account reconciliations and ensure the timely clearing of outstanding items. These GL reconciliations will include but not limited to Advances to Attorney, Loans in Process, and Deferred Points and Application Fees. Ensure the clearing of items and discuss issues or errors with the appropriate parties to avoid similar occurrences in the future.

  • On a monthly basis complete the GSE Loans Sold report and balance the General Ledger for Loss/Gain on Sale. In addition, maintain a log of all loans sold to FHA, CHFA and other Investors including the loss/gain received. Also prepare the Loans Held for Sale report for Finance.

  • Assist in the preparation of the Retail Lending production budget, monitor monthly actual performance against budget and prepare reports for management.

  • Review and approve all invoices for the Retail Lending area and enter them into the Accounts Payable system for payment. Analyze billing invoices for opportunities to improve pricing or processes that may not be efficient.

  • Review and validate the Mortgage Banker commission payments, recommend approval and submit to Human Resources. This review includes the monthly payout as well as the quarterly bonus payroll and referrals. Balance the commissions general ledger account on a monthly basis in accordance with the HR calculations.

  • Monthly prepare the Mortgage Banker Volume spreadsheet comparing the actual volume to budget. In addition to completing the spreadsheet, validate the on-going individual production of each Mortgage Banker in a monthly basis.

  • Perform departmental administrative responsibilities including scheduling and report preparation which will include the monthly Loan pipeline and production reports for Risk Management and the Directors Loan Committee.

  • On a quarterly basis assist in identifying Call Report RC-P data for Finance. (Includes Held for Sale, Loans Originated for Sale, Loans Sold)

  • Conduct the annual Retail Lending department time study to determine the cost to originate loans for the purposes of FAS91 accounting. Present the results of the time study to department management and the CFO for approval.

  • Assist manager in evaluating and analyzing department processes, including cross-functional department processes, initiate meetings, identify solutions, document procedures and maintain compliance standards.

POSITION REQUIREMENTS

  • Bachelor’s degree in Accounting or related field with one to three years of experience.

  • Strong math skills required.

  • Understanding of mortgage lending and banking principles helpful.

  • Requires excellent communication skills and the ability to troubleshoot and solve problems. Must have an understanding of how business units work together to improve processes. Microsoft Office, Outlook, Word and Excel required.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Any physical demands or work conditions 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.

Full time employees also receive a complete benefit package including a generous 401(k), medical benefits, paid time off, and short- and long-term disability programs.

Newtown Savings Bank is an equal opportunity and affirmative action employer regardless of race, gender, disability status, protected veteran status. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, age, marital status, national origin/ancestry, sexual orientation, gender identity, disability status, protected veteran status, or any other legally protected status.

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