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Mechanics Bank is currently searching for a Sr. Investor Accounting Specialist to join our team at our Federal Way Operations Office in Washington.
The Sr. Investor Accounting Specialist is responsible for meeting investor reporting and remitting requirements as well as internal and external audit requests. The Sr. Investor Accounting Specialist works with the requirements of the three major investors (Fannie Mae, Ginnie Mae, and Freddie Mac) and various miscellaneous and private investors. Incumbents will provide a high level of service to all internal and external customers and investors. The Sr. Investor Accounting Specialist is able to handle in-depth and complex Investor reporting and reconciling issues and work with a high level of independence. Incumbents will participate in procedure reviews and department projects which recognizes additional training, skills, experience and performance in this position. What you will do:
Reporting, remitting and reconciliation for assigned investors. Monitor and/or reconcile investor custodial accounts and MSP clearing accounts. Assist with the review of the monthly reconciliations of investor custodial and clearing accounts for appropriate documentation and identification and resolution of differences. Complete all reporting, remitting and reconciliations according to established timeframes. Support department management in maintaining internal controls and regulatory compliance to include the following:
- Review new servicing agreements and research and implement procedures for new investors using knowledge of investor procedures, remittance and reporting requirements.
- Keep informed of current compliance issues and regulations to ensure controls are maintained on all existing and new products and services.
- Participate in and provide training in regulatory and compliance issues as needed
- Develop and maintain appropriate written policies and procedures to facilitate compliance. Provide assistance, direction and leadership to Investor Accounting team when faced with reconciling items, procedure problems, new enhancements, and different technologies. Escalates issues to management as appropriate. Assist with research and development of a plan for the Investor piece of any loan conversion, acquisition or sale Mechanics Bank may be involved with. Coordinate gathering of documentation packages as required by internal/external auditors and submission of completed packages by requested deadlines.
Who you are:
Associate degree or minimum 2 years of education is preferred. Minimum 5 years of Investor Accounting Specialist is preferred. Accounting experience or strong understanding of the concept of general accounting rules. Experience and familiarity with MSP or similar Service Bureau Accounting system. Advanced knowledge of Excel, Word and/or Access. Must be versatile, with ability to prioritize a number of duties at once. Basic keyboard, typing, 10-key by touch, and P/C experience. Knowledge and experience with Windows, Excel and Word preferred. Have excellent communication skills, both written and verbal. Possess strong problem solving and organizational skills.
#LI-DNI Pay Range: $70,304.00 - $100,840.00annually AIP/Bonus: up to 7.5% Eligible for commission/incentive plans
Our comprehensive employee benefits program is designed for you to live your best life at work, home, and everywhere in between. Employees working 25 hours or more per week are eligible for health benefits effective the first day of the month following or coinciding with their date of hire.
Benefits package includes[1]:
Medical, prescription, dental, and vision coverage for employees and their eligible family members Employer paid Employee Assistance Program, Life Insurance, AD&D, and Disability benefits Health Savings Account with employer contribution Healthcare and Dependent Care Flexible Spending Accounts and Commuter/Parking Benefit 401(k) and Roth 401(k) with company contribution 529 Education Savings plan, Tuition Reimbursement Program and Student Loan Assistance Program Supplemental Health plans, Voluntary Legal and Identity Theft Services 11 paid holidays, paid Sick days (accrual of one hour for every 30 hours worked), up to 25 paid vacation days, and 16 hours of paid volunteer time throughout the calendar year Free personal checking and savings account; Discounted rates on primary residence loan with $0 origination fees (restrictions apply)
Final compensation package will be determined by the work experience, education, and/or skill level of the applicant along with internal equity and alignment with geographic market data.
Mechanics Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, religion, national origin, age, genetic information, veteran status, or on the basis of disability, gender identity, sexual orientation or other bases prohibited by applicable law. Please view Equal Employment Opportunity Posters provided by OFCCPhere. To learn more about Mechanics Bank's California privacy and security policies, including your right to a Notice At Collection as a California Resident, please visit California Privacy Policy for Prospective Employees | Mechanics Bank
[1] The benefits listed in this job posting reflect the Bank's most reasonable and genuinely expected benefits offered for this position.
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Mechanics Bank
life insurance, paid holidays, sick time, tuition reimbursement, 401(k)
Jan 26, 2026