NMSI INC
2975 Wilshire Blvd. 6th Floor, Los Angeles, CA 90010
Full-time
About Us:
NMSI Inc. is a wholesale mortgage company with an excellent opportunity for self-motivated individuals. We offer one of the most competitive Agency pricing structures and Portfolio programs in the mortgage industry. We are dedicated to providing our employees with the tools they need to succeed in this rapidly changing industry.
We cherish our company's agility and atmosphere, while benefiting from the strength of a large organization. This focus is evident every day, whether through our advanced proprietary technology systems or our friendly smiles and Never Say Quit attitude.
Open Positions:
* Senior Level Corporate Accountant
Salary: 100K - 120K
Job Responsibilities:
• Supervise and manage the accounts payable, accounts receivable, cash receipts, and payroll process.
• Prepare financial reports including monthly cash flows, balance sheet, and P&L for review and annual filing, including 1099s.
• Working on monthly accounting reports, providing resolution between operational departments and the accounting team.
• Performs house bank audits at least monthly or more often if required. Investigate and report any discrepancies to management.
• Examine tax policies and handle tax payments and returns.
• Meet with clients to discuss confidential accounting issues.
• Post transactions and categorize records in the general ledger (e.g. by assets, liabilities, and expenses).
• Analyze transactions with internal and external stakeholders.
• Conduct month-end and year-end closures.
• Managing and preparing documents for audits.
• Ability to analyze financial data, identify trends, and provide meaningful insights for decision-making.
• Demonstrated proficiency in financial accounting principles and practices.
Preferred Qualifications:
• Bilingual (Korean, Mandarin, and Spanish are a plus).
• Demonstrated proficiency in financial accounting principles and practices.
• Excellent organizational skills and attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Strong analytical and problem-solving skills.
• Background in loan servicing or loan processing is preferred but not required.
• Ability to act with integrity, professionalism, and confidentiality.
• Outstanding people skills and team player.
Required Skills/Abilities:
• Solid experience in maintaining accurate and up-to-date financial records and ledgers.
• Processes applications, policies, endorsements, binders, certificates, audit requests, and other items related to the servicing of clients.
• Proficient in using accounting software (e.g., Quickbooks, SAP, or similar) and MS Excel for financial analysis.
• Strong attention to detail to ensure accuracy in financial reporting and compliance.
Education and Experience:
• Bachelor's degree in a related field required.
• At least five years of accounting, financial, or loan processing experience preferred.
* Appraisal Coordinator
Job Description:
The Appraisal Department is responsible for managing appraisal documents, including but not limited to receiving and uploading. An appraisal coordinator is an essential position in the mortgage industry, as appraisal reports and appraisal-related documents are required for most of the files regardless of the program types. On the surface, it may seem that an appraisal coordinator's responsibility is simply to manage appraisal documents, but at its core, an appraisal coordinator will not only enhance analytical/critical thinking skills through dealing with clients and reports, but also will be able to absorb a broader spectrum of the whole mortgage industry.
Job Responsibilities:
• Intakes all residential appraisal requests and places the appraisal orders using the list of approved appraisal vendors.
• Manages vendor lists on a regular basis, including procurement of updated licensing, insurance, and a review of pricing and performance. Recommends replacing appraisal vendors who do not meet requirements and standards, and vets potential new vendors as needed.
• Regularly communicates with mortgage brokers and correspondents on vendor appraisal status and answers any questions regarding residential appraisals.
• Review and pre-screen the appraisal reports.
The ideal candidates will possess:
• Bi-lingual (Korean is preferable).
• Good written and verbal communication skills.
• Outstanding people skills and team player.
• Flexibility and multi-tasking ability.
• Ability to handle a fast-paced working environment.
• We prefer applicants who have appraisal licenses or a similar work history. Applicants with appraisal licenses will be given a higher base pay.
Salary: $42K - $60K
*Mortgage Loan Underwriter
Hours: 9 AM - 6 PM; NO REMOTE POSITION AVAILABLE
Currently looking for an experienced Mortgage Loan Underwriter. Interested candidates must have at least 3 - 5 years' experience as a Mortgage Loan Underwriter.
Responsibilities of the Mortgage Loan Underwriter
Will be expected to perform the following job duties:
• Underwrite conventional loans within the company and investors' guidelines.
• Monitor updated guidelines and compliance issues.
• Review and update information on LOS to verify, add, delete, or waive conditions.
• Contact Account Executives and/or Loan Officers with the underwriting decisions or problems.
• Coordinate with Account Coordinators to ensure smooth flow of transactions.
• Provide reports and feedback to other staff and underwriting team.
• Support remote underwriters by reviewing and cleaning conditions, and coordinating to move files to Clear to Close when necessary.
Requirements of the Mortgage Loan Underwriter:
• Must have at least 3 - 5 years of experience as a Mortgage Loan Underwriter.
• Demonstrated positive attitude, reliability, a self-starter who assumes responsibility when warranted, professional in manner, and hard working.
• Proven ability to work independently with minimal supervision.
Experience:
• Mortgage Underwriting: 3 years (Preferred)
Job Type: Full-time
Schedule:
Monday through Friday (9 AM - 6 PM)
Salary: $60K - $80K
* Lock Desk
Salary: $45K
Job Responsibilities:
• Responsible for managing the secondary pipeline and daily volume, responding to pricing, lock, relock, lock extension and lock change requests.
• Daily preparation and publication of pricing rate sheets to all loan programs/channels.
• Create and distribute bid tapes and analyze the investor prices.
• Review and approve pricing exception requests while maintaining company profitability.
• Comply with and maintain investor registration/maintenance/delivery policies.
• Create and maintain lock desk policies and procedures, staying up to date with changing policies and laws from both internal and external sources.
• Demonstrate knowledge of financial modeling techniques and related pricing strategies.
• Effectively work across all essential departments, IT, Sales, Accounting, and Finance to improve lock desk processes, systems, and tools.
Qualifications:
• Bilingual (Korean is preferable).
• Background in the mortgage industry.
• Majored in Finance, Economics, or Marketing.
Job Requirements:
• Intermediate skills in Microsoft Office - with advanced knowledge in Excel.
• Ability to multitask and be a self-starter.
• Customer service experience with handling complex transactions across multiple systems.
• Organized, analytical, and responsive while working in a fast-paced environment.
• Ability to work independently and under time pressure.
Benefits:
• Competitive salary plus commission structure.
• Health and dental insurance.
• 401(k) retirement plan.
