Sr. Default Associate - Invoice and Corporate Advance

Valon VM Inc.

Job Overview

Location

Remote

Job Type

Full-time

Full Job Description

📋 Description

• Manage end-to-end processing of vendor invoices and payments related to delinquency and default servicing, ensuring strict adherence to company policies and investor guidelines including Freddie Mac, FNMA, FHA, VA, and RHS.
• Verify invoice accuracy by confirming all expenses align with allowable expense schedules from investors, insurers, and agencies, and map each transaction to the correct expense code and accounting account.
• Record, classify, and reconcile all financial transactions associated with invoice payments, maintaining accurate documentation for audit readiness and compliance.
• Resolve invoice discrepancies and payment issues by collaborating with internal departments and third-party vendors to ensure timely resolution and proper documentation.
• Issue, track, and monitor billbacks to vendors for expenses exceeding allowable limits, ensuring recoveries are properly documented and processed.
• Oversee offshore vendor performance by monitoring task completion, enforcing deadlines, and issuing vendor scorecards based on accuracy and timeliness metrics.
• Reconcile corporate advance data files received from prior servicers, ensuring all transactions are accurately mapped to the correct loans and supported by valid invoices and backup documentation.
• Coordinate with onboarding and offboarding teams to ensure complete receipt and proper mapping of corporate advances during loan acquisitions and transfers.
• Reconcile corporate advance balances for offboarding loans and deliver precise lists of outstanding advances to the offboarding team for final settlement.
• Partner with Product and Engineering teams to define system requirements for automating invoice management and corporate advance workflows, improving efficiency and reducing manual errors.
• Facilitate timely responses to all audit requests, client inquiries, and regulatory findings related to invoice and corporate advance documentation.
• Prepare and distribute monthly MBR reports and trending analyses to support internal decision-making and compliance oversight.
• Escalate compliance issues, process failures, or systemic risks promptly to management and relevant stakeholders to mitigate exposure and maintain regulatory adherence.
• Collaborate cross-functionally with internal teams and external servicers to map corporate advances into Valon’s system of record during loan acquisitions, ensuring data integrity.
• Serve as a subject matter expert on invoice and corporate advance procedures, providing guidance to team members and stakeholders on policy interpretation and operational best practices.
• Maintain meticulous records of all financial transactions and supporting documentation to ensure full audit trail compliance and regulatory readiness.
• Identify process inefficiencies and propose enhancements to streamline invoice processing, corporate advance reconciliation, and vendor management workflows.
• Ensure all activities comply with federal, state, and investor-mandated regulatory requirements governing default servicing and financial reporting.
• Communicate clearly and professionally with internal stakeholders and external partners to resolve complex financial discrepancies and deliver accurate reporting.

🎯 Requirements

• 5+ years of experience in invoice management, corporate advance management, or default accounting
• Experience developing and managing complex processes with multiple stakeholders
• Strong Excel or Google Sheets experience, including V-lookup
• High school diploma or GED equivalent required
• Experience working cross-functionally with Product and Engineering teams
• Excellent written and verbal communication skills

🏖️ Benefits

• Competitive salary and 401(k) plan
• Comprehensive medical, dental, and vision benefits
• 17 days paid time off, sick days, and 11 company holidays
• 12 weeks fully paid baby bonding leave for both birthing and non-birthing parents
• Pre-tax deductions for public transportation, rideshare services, and parking expenses
• Company-wide onboarding, learning & development opportunities, and 360-degree review cycles

Skills & Technologies

Senior

Remote

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Valon VM Inc.

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About Valon VM Inc.

Valon VM is a cloud infrastructure provider specializing in bare metal servers and dedicated hosting solutions. They offer high-performance computing resources tailored for demanding workloads such as game servers, AI/ML applications, and large-scale data processing. Valon VM focuses on providing robust, scalable, and secure infrastructure with a commitment to excellent customer support and competitive pricing. Their services are designed for businesses and individuals who require direct control over their hardware and network, ensuring optimal performance and reliability for their critical applications and services.

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