Commerce Bank Staff Accountant - Mortgage in Kansas City, Missouri
About Working at Commerce
Wouldn’t it be great to build your career at a bank that’s known for helping people with their financial challenges? That’s exactly what you’d be doing when you join the team at Commerce Bank. We’re looking for teammates who are ready to do whatever it takes to help our customers with their everyday financial needs. You’d be helping yourself too, because Commerce has a tradition of recognizing and rewarding team members for their talent, skills and contributions.
No wonder we’ve been an industry leader for over 155 years and have developed a reputation as a great place to work in the financial services world. If you’d like to be a part of a team and culture that is respected by its peers and in your community, we should talk. We’re always looking for the best and brightest.
About This Job
The incumbent will be responsible for daily accounting activities on Mortgage Servicing transactions. loans owned by Commerce Bank and serviced for outside investors. In addition, responsibilities involve performing investor reporting and reconciliation functions pertaining to FNMA, FHLMC, and GNMA.
Carry out all functions necessary to comply with all investor reporting requirements
Perform daily and monthly general ledger and DDA reconciliations for Mortgage Servicing transactions and for bank and investors
Monitor/perform loan transfers, and balance loans in Held-for-Sale investor
Monitor processing of reject payments, payoffs and monitor lock box performance
Assist in set-up of new investors and bank accounts
Monitor outstanding disbursement checks
Initiate/monitor outgoing wires for various servicing functions
Research and resolve complex balancing and reporting discrepancies
Stay abreast of loan servicing platform functionality and interrelationship accounting
Assist with annual investor re-certifications
Assist in training of servicing staff in accounting related items/issues
Assist in other servicing functions as needed
Perform other duties as assigned
Knowledge, Skills & Abilities Required
Strong accounting skills
Strong proficiency in Excel
Strong knowledge of investor accounting and reconciliation processes and requirements
Strong knowledge of general accounting functions
Excellent analytical and problem-solving skills
Good understanding of servicing functions
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Advanced level proficiency with Microsoft Word, Excel and Outlook
Education & Experience
Associate’s degree or equivalent combination of education and relevant experience required
3-5 years accounting experience required
Location: 922 Walnut St, Kansas City, Missouri 64106
Commerce Bank has been awarded numerous awards for our company culture. We have been included on distinguished lists such as Forbes’ Best Midsized Employers, Forbes’ Best Employers for Women, and Korn Ferry’s Engaged Performance Award. You’ll see the difference for yourself when you join the team.
Why Commerce? (https://www.commercebank.com/careers/about-commerce)
Inclusion and Diversity at Commerce
How to Join Our Team (https://www.commercebank.com/careers/how-to-join-our-team)
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Equal Opportunity Employer
Commerce Bank is proud to be an Equal Employment Opportunity employer and believes that every individual should have the opportunity to work at a job for which he, she or they qualifies. We celebrate diversity and do not discriminate based on race, religion, color, national origin, sex, sexual orientation, age, gender, gender identity, gender expression, veteran status, disability status, or any other applicable characteristics protected by law.