Spring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016, Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding, trustworthy loans, and less frustration for consumers today. To learn more about Spring EQ, visit www.springeq.com.

At Spring EQ, it is our mission to empower homeowners and buyers to achieve and maximize the value of homeownership in a simple, fast, and ethical manner.  Our values are to

• Be kind and treat all people – teammates, customers, and vendors – with respect and consideration  
• Be adaptable and embrace change
• Be accountable and take responsibility and deliver the effort to fully complete the task
• Be better and strive for continuous improvement in ourselves, our team, and the company for our customers
• Be part of the solution and solve problems, find the answers, and collaborate
• Work hard, have fun, and get things done

The Mortgage Accounting Operations Analyst plays a crucial role in supporting the daily accounting and financial operations within the mortgage division. This position is responsible for managing Correspondent and TPO recovery activities, Early Payoff “EPO” and Early Paydown “EPD” activities, support of transactions.  Additional responsibilities include Treasury support such as wire validation, wire and ACH entry and posting of cash receipts. The analyst will work closely with the accounting, servicing and TPO / Correspondent teams to ensure the accuracy of financial records, adherence to regulatory standards, and timely reporting of financial data. The role also requires ensuring compliance with mortgage industry regulations, managing accounting processes, and contributing to process improvements.

Duties/Responsibilities:

• Represent the company in customer-facing activities and support of TPO and Correspondent invoicing, collections and support
• Work with TPO and Correspondent AEs and management on recovery efforts
• Generate, deliver and process TPO and Correspondent puts and invoices
• Analyze financial data and ensure proper classification of mortgage-related accounts, ensuring accuracy and completeness of financial records.
• Collaborate with internal stakeholders (e.g., loan servicing, operations, IT) to ensure data accuracy in reports and systems.
• Validate wire and ACH information with counter-parties
• Enter wires and ACH for the company
• Maintain and reconcile the general ledger for mortgage transactions, including loan origination, servicing, interest accruals, and related expenses.
• Review and validate mortgage loan data for accuracy, ensuring proper categorization of transactions.
• Assist in tracking mortgage loan payment schedules, principal balances, and interest accruals, providing timely updates to senior management as needed.
• Ensure compliance with internal controls and external regulatory requirements, including RESPA (Real Estate Settlement Procedures Act), HMDA (Home Mortgage Disclosure Act), and other mortgage-specific regulations.
• Identify areas for improvement in the accounting operations related to mortgage transactions and financial reporting processes.
• Collaborate with other departments to streamline workflows, enhance automation, and increase the efficiency of accounting operations.

Required Skills/Abilities:

• Solid understanding of mortgage servicing and financial reporting principles.
• Strong communications skills to effectively manage TPO and Correspondent clients
• Strong analytical skills and the ability to work with large datasets.
• Proficiency with accounting tools and data visualization software is a plus.
• Ability to manage multiple tasks and prioritize in a deadline-driven environment.

Education and Experience:

• Bachelor’s degree in Business Administration, Data Analytics, Computer Science, Mathematics, Finance, or a Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 3+ years of experience in accounting or finance, preferably in the mortgage industry or financial services.
• Experience with mortgage accounting operations, including loan servicing and escrow management is highly preferred.
• Strong knowledge of financial regulations, and mortgage industry-specific requirements.
• Proficiency in accounting software (e.g., QuickBooks, SAP, Oracle, or other ERP systems) and advanced Excel skills.

Healthy work-life balance.

We are committed to supporting a healthy work-life balance and fostering an environment of productivity and collaboration. This position follows a hybrid schedule for team members working in our corporate offices, combining on-site presence with remote flexibility. Our hybrid model is designed to promote teamwork and engagement while also providing the adaptability professionals need to manage their responsibilities effectively.

Benefits

• 401k Company Match
• Annual Charitable Matching Gift Program
• Commuter Benefits
• Company Holidays
• Credit Union Membership
• Dental Insurance
• Dependent Care Plan
• Disability Insurance
• Employee Assistance Program
• Life Insurance
• Medical Insurance
• Paid Time Off Plan
• Vision Insurance
• Weekly Non-Management Dinner Benefit

Spring EQ is an Equal Opportunity Employer. We make all employment decisions based on merit and business needs. If you require a reasonable accommodation at any stage of the hiring or employment process, please contact recruiting@springeq.com