Role Summary/Purpose

The Servicing Accounting Associate will support the Residential-Credit and Agency business units by executing the portfolio operations of the Residential Mortgage Loan and Mortgage Service Rights products (collectively, “Mortgage Products”). This role resides within the Financial Operations (“FinOps”) Team at Annaly which is responsible for the middle office, valuation, and portfolio accounting activities of the Company. Annaly invests in Mortgage Products through bulk or flow channels and this role is responsible for the trade lifecycle, data integrity, validations, exceptions, reporting and act as a liaison with the business and technology solutions teams. These Mortgage Products are a high growth area of Annaly resulting in expanding operations and new business initiatives. The Associate level at a REIT is a mid-level position directly under VP within the REIT structure providing guidance, support and team management in this role.

Essential Responsibilities

• Partner with upstream business units such as the desk, resi credit and MSR Oversight to ensure data accuracy and create internal reconciliation routines and controls.

• Administrate and ensure completion of daily and monthly reconciliations of the Mortgage Products within proprietary systems including onboarding new loans and adding sub-servicers.

• Reconcile sub-servicer remit data to internal systems (test of expected cash, pool to security) as well as external systems (FNMA and FHLMC systems) and coordinate with internal and external parties to resolve differences.

• Review corporate and escrow advance reserve allocation models and reconciliations through partnership with IT, Portfolio Accounting and MSR oversight.

• Validate and review controls in monthly sub-servicer remittances and cash settlement processes.

• Identify and resolve data quality issues and collaborate with database developers to remediate issues.

• Evaluate systems and create logic documentation to ensure full utilization of reconciliation and data tools available and/ or partner with IT where applicable to create additional system functionality.

• Collaborate with the Servicing Oversight team to assist in sub-servicer surveillance including contract review, setup and control review.

Qualifications/Requirements

• 3 years of leadership experience in Investor Reporting, Investor Accounting or Servicing Accounting

• Solid reconciliation and research skills with an ability to problem solve and adapt to change

• Strong MS Excel skills, including ability to create data connections, utilize index, match, sumproduct, and pivot tables

• Intermediate SQL skills preferred

• Must be able to manage multiple tasks or projects simultaneously and work in a time-sensitive deadline driven environment.

• Mortgage servicing platform experience a strong plus (MSP, LSAMS, SBO, etc.)

Eligibility Requirements:

• Dallas, TX, job location is required. Role reports to a team based in NYC

• The role is hybrid with a 3/2 schedule

• Must be willing to submit to a background investigation

• Must have unrestricted work authorization to work in the United States

• Must be willing to work additional hours as needed to complete deadline driven projects

Annaly is committed to equal employment opportunity and providing reasonable accommodations to qualified candidates and employees pursuant to applicable law. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you require reasonable accommodation as part of the application process, please contact our Human Resources department.