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Evansville, Indiana
Job Type
14 Jul 2022
Old National Bank is honored to be named one of the World's Most Ethical Companies for the 11th consecutive year!

Old National Bank was established in 1834. Today, we are the largest financial services holding company headquartered in Indiana. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our associates balance work life with home life, we create a more productive workforce and a stronger company.

We are currently seeking an Investor Analyst. This individual will be responsible for the overall integrity of the payment remittance to investors. This includes Fannie Mae, Freddie Mac, FHLBI and others where we loans are sold. This position maintains investor accounts with a daily reconcilement and has the responsibility to submit investor payments timely on a daily basis. They are responsible for all investor reports that are prepared according to investor guidelines to assure that Old National retain the privilege of selling loans to the investor and no penalties are incurred for non-compliance. This position will work with a variety of areas for reporting which may include default collections and accounting.


Submits investor cash remittance daily. This includes loan payoffs and adjustments to investor cash accounts.

Analyzes remittance differences between investor accounting reports from Black Knight Servicing System and remittance reports to maintain cash in custodial account.

Corresponds with investors for identification of discrepancies as required.

Identify potential issues or concerns and participate in a solution, including recommending and developing new policies and procedures.

Add/update system when a loan is purchased by Fannie Mae, Freddie Mac and FHLBI.

Review any general ledger differences with Accounting or Investor Accounting.

Communicate/Guide collections on investor reporting for delinquent accounts.

Validates cash data and works with department to resolve any discrepancies, e.g. modification reports and liquidation reports.

Corresponding with investors on accounting questions and policy remittance issues.

Update/revise procedures with system enhancements or any investor updates to mitigate risk and improve reporting quality.

Review rejects and input correction to maintain an acceptable reject level on daily transactions.

Stays current with changes to investor reporting guidelines.

Other duties as assigned.


Minimum of 5+ years experience in mortgage servicing and associate degree in finance, accounting or business or equivalent experience

Excellent attention to detail and ability to multi-task.

Ability to reconcile/calculate mortgage payments to investor requirements using servicing system.

Intermediate to Expert skills with Excel ability to use formulas to determine investor outages/differences.

Strong analytical and resolution skills

Must be able to solve problems independently and work under strict time constraints while working efficiently to meet daily deadlines.

Knowledgeable about Fannie Mae and Freddie Mac guidelines

Process various special projects as needed as well as reviewing information for loan acquisitions

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Talent Acquisition Director, VP, to fill a specific position.


Requisition ID: 22

Street: 101 N.W. 4th St.

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  • Job Reference: 658169820-2
  • Date Posted: 14 July 2022
  • Recruiter: Old National Bank
  • Location: Evansville, Indiana
  • Salary: On Application
  • Sector: Accounting
  • Job Type: Permanent