Dawn Wells

Dawn Wells Email and Phone Number

Mortgage Banking Analyst @ Ginnie Mae
Dawn Wells's Location
Stafford, Virginia, United States, United States
Dawn Wells's Contact Details
About Dawn Wells

Ms. Wells is a results driven finance professional with an established background of diverse functions within the banking and financial services industries. With 25 years of institutional banking and financial service experience, couple with a MBA degree, Ms. Wells has proven and incomparable expertise in external financial reporting, which consists of SEC reporting, FDIC Call report, regulatory compliance, New Market Tax Credit transactions and multifamily mortgage servicing. She’s skilled in managing the day to day financial operations and administration, analyzing and compiling financial data and presenting results within the delegated timeframe. She’s known for the ability to build excellent relationships with customers, business partners and technology support at all levels of management.

Dawn Wells's Current Company Details
Ginnie Mae

Ginnie Mae

View
Mortgage Banking Analyst
Dawn Wells Work Experience Details
  • Ginnie Mae
    Mortgage Banking Analyst
    Ginnie Mae Jul 2024 - Present
    Washington, Dc, Us
    •Monitor the activities of issuers, sub-servicers, and custodians to assess their performance and compliance with Ginnie Mae MBS guidelines and secondary mortgage market practices.•Utilize monitoring and surveillance methodologies to evaluate and assess the performance of mortgage issuers, servicers or document custodians.•Participate in on-site reviews of trouble or new Issuers as needed. This includes the review of servicing portfolio, investor reporting, and compliance processes. Work with the Account Executives to resolve referred field review findings within prescribed timelines and in accordance with Ginnie Mae’s requirements.• Manage, review and approve all issuer-initiated requests of loans for adherence to the agency (FHA, VA, RD, and PIH) guidelines and business decisions on loans that are uninsured.•Assist in the review of application for potential new issuer for compliance with GNMA requirements for becoming a GNMA approved issuer
    View
  • Capital Bank, N.A.
    Assistant Controller, Avp
    Capital Bank, N.A. Apr 2022 - Aug 2024
    Rockville, Maryland, Us
    •Manages and oversees the day-to-day operations and functions of the Accounting Department.•Assist the Controller with the month-end closing process which comprise of the performance and review of journal entries and balance sheet reconciliations while maintaining proper supporting documentation. Reviews and confirms financial reports for accuracy and completeness.•Ensure that modules (i.e. General ledger, AP, and Fixed Assets) within the general ledger system (Prologue) are timely and accurately closed each month.•Analyze monthly Trial Balance for variances and trends. Reconcile accounting inaccuracies or imbalances and research and explain fluctuations so that the explanations can be provided to senior management on a proactive basis.•Performs and reviews various monthly reconciliations to ensure that any outstanding items have been researched identified and cleared.•Manages a staff of three, (Supervisor and two Staff Accounts) and provides advice, guidance and instruct staff on work assignments. •Managed the preparation and completion of regulatory reports •Monitors all accounts payable for accuracy of general ledger and ensures timely payment. Reviews payables for prior-month expense accruals and adjusts as necessary.•Provide assistance to other Bank departments in resolving accounting related issues.•Assist the Controller in SOX and external and internal audits
    View
  • Trustar Bank
    Senior Accountant
    Trustar Bank Mar 2021 - Apr 2022
    Great Falls, Virginia, Us
    • Responsible for overseeing and ensuring daily and monthly accounting activity is recorded and reported accurately and timely.• Participate in the month end closed process for both Trustar Bank and Trustar Mortgage by performing monthly close activities to include reviewing and monitoring entries to the, Balance Sheet and Income Statement accounts and posting of adjustments.• Manage the daily operations of Accounts Payable. Reviews and reconciles fixed assets and ensures that all entries are made on a timely basis • Prepare journal entries for payroll allocations• Reconcile key balance sheet and income statement accounts• Manage and maintains the books and records for Trustar Mortgage which includes but not limited to processing and posting mortgage funding, purchases and payoff entries. Reviews and verifies the accuracy of journal entries and accounting classifications assigned to various records.• Prepares journal entries for commissions earned and paid• Participate in the preparation and review of the Bank’s Quarterly Call Report• Assists with SOX and Internal Audit document requests• Updates Standard Operating Procedures and policies
    View
  • Freddie Mac
    Loan Servicing Manager
    Freddie Mac Sep 2020 - Aug 2021
    Mclean, Va, Us
    •Manage the day to day operation within Loan Servicing by monitoring Servicer performance and compliance with terms of business; resolve errors with Servicer by deadline and within requested standards of customer service•Provide advice, guidance and instruct staff on work assignments, standards and expectations as it relates to Loan Accounting and Investor Reporting. Act as an advisor to subordinates to meet schedules and/or resolve technical problems.•Manage and support staff responsible for Master Servicing functions related to CMBS or K-Deal Securitizations by reconciling monthly Loan Periodic and Remittance data with cash received from Primary Servicers and reporting and remittance to Certificate Administrator/Trustee•Analyze complex deals and create operational processes to support risk transfer goals and objectives, handle priority clients, and resolve complex issues or requests for waivers from established procedures.•Support Audit for Servicer P&I and T&I custodial accounts and resolve discrepancies with Servicer. Monitor Servicer reporting, cash flow and operational and financial risk mitigation.•Make recommendations for changes to policies and establishes procedures that affect immediate organization's operation.•Serves as the organization spokesperson on specialized projects or programs. Acts as counselor to top management and customers on advanced technical research studies and applications.
    View
  • Freddie Mac
    Loan Servicing Supervisor
    Freddie Mac Aug 2015 - Sep 2020
    Mclean, Va, Us
    •Oversee the day to day operation for Loan Servicing Investor Reporting activities for a small portfolio of cash and bond loans. Ensures financial activities are in compliance with Freddie Mac’s guidelines, by analyzing Servicers monthly remittance, account reconciliations, and other submitted reports as it relates to timeliness and accuracy. •Manages MF Loan Servicing monthly baseline reporting which includes TEBs Collateral Reconciliation and Allocation, Monthly Bond Principal and Interest Segregation, and Monthly Adjustable Rate Mortgage process, which includes updating the rate change for loan indexes and ensure timely updates are made in the system•Prepares and manages the monthly Principal and Interest Segregation process. This entails cash monitoring of bond p & I payments and ensure cash activity related to bond payments is reconciled to the general ledger. Prepare cash wires for movement and ensure payments for bonds and PCs are transferred timely and accurately from Multifamily’s Operating Account to the Corporate Trust Account•Participate in Freddie Mac’s Master Servicing process by severing as an administrator to a portfolio of Commercial Mortgaged Backed Securities (CMBS). Ensures data integrity and research any discrepancies in reported data. •Assist Senior Management and Mangers with Departmental internal and external audits. Used internal reporting tools such as MS Query and SQLs to ensure data integrity and research any discrepancies in reported data submitted by the Servicer. .Perform annual reviews on Loan Accounting and Investor Reporting procedures to ensure the efficiency to the overall performance and compliance with the terms of business relating to Investor Reporting.
    View
  • Cardinal Bank
    Senior Accountant
    Cardinal Bank Mar 2014 - Aug 2015
    • Participated in the month end closed process by preparing and making appropriate journal entries to accurately reflect information in the general ledger. Performed account reconciliation of the Investment Securities portfolio. Ensured compliance with GAAP by applying accounting standards in the preparation of Cardinal Financial Bank’s financial statements. • Reconciled daily the Federal Reserve Bank Statement to the general ledger• Managed the preparation and submission of the quarterly Call Report and FR-Y9C for Cardinal Bank and Cardinal Financial Corporation. This included managing documents and preparing and reviewing workpapers for completeness and accuracy.• Managed the preparation and completion of weekly external reports which includes Federal Reserve regulatory reports, (FR2644 and FR2900) public funds report, and cash management report. • Assisted in the monthly preparation of management reports including Board Reports, yield analysis and risk based capital report used by Management for the operations of the company.
    View
  • Freddie Mac
    Senior Financial Controller (Consultant)
    Freddie Mac Jun 2013 - Oct 2013
    Mclean, Va, Us
    •Support the Single-Family Profitability and Reporting Group in compiling and reviewing the monthly GAAP analytics and reporting package for the Single Family Segment results. •Manage the preparation of the monthly business performance review package for the Single-family Segment slides. This includes ensuring all supporting documentation is consistent with system generated numbers.•Assist with the 10Q disclosure for the Single-family Segment as well as compile comments for the Single-family Segment. Prepare the Single-family quarterly “Freddie vs. Fannie” comparison package•Assist with the month-end close process by reviewing and posting Single-family Segment journal entries and reconciliations
    View
  • Freddie Mac
    Senior Loan Accountant (Consultant)
    Freddie Mac Sep 2012 - Feb 2013
    Mclean, Va, Us
    Randstad, LLC (Freddie Mac)•Managed a portfolio of complex Servicers, including monitoring their financial performance and compliance with the terms of business relating to Investor Reporting. •Ensured Servicer’s monthly reporting and remitting was submitted in an accurately and timely manner. •Performed cash flow analysis and reconciled Servicer’s cash account (s) to the subledger. •Participated in quality controls reviews for the restructuring of distress loans as well as consulted with Servicers and Trustees to ensure compliance with Investor Accounting policies, while maintaining excellent Servicer relationship.
    View
  • Ncb Capital Impact
    Investor Relationship Manager
    Ncb Capital Impact Feb 2011 - Jul 2012
    Arlington, Va, Us
    •Managed and monitored the servicing of a diverse portfolio of Commercial loans and New Market Tax Credit transactions, while assuring payments to Investors were remitted in an accurate and timely manner. •Collaborated with Loan Officer(s) and Accounting for in-depth reviews and analyses of loan documents (i.e. notes, loan agreements, credit agreements) and financial models for system capabilities in managing reporting requirements.•Participated in cross functional teams providing advice and leadership on process improvements and financial systems enhancements•Assisted in the month-end close process performing investor related general ledger entries and reconciling off-balance sheet accounts and investor custodial accounts.
    View
  • National Cooperative Bank (Ncb)
    Manager, Financial Reporting
    National Cooperative Bank (Ncb) Feb 2007 - Feb 2011
    •Managed the preparation of various consolidated external financial reports for filing with the SEC which included Forms 10K and 10Q. Drafted and reviewed financial statements, footnotes, and other disclosures in accordance with U. S. GAAP and SEC regulations. •Participated with other business units within the organization to gather financial and non-financial data to develop commentary that was included and supported in the SEC filing as well as performed financial analysis to determine any abnormalities in the data that was provided by the business units. •Kept abreast and developed an understanding of any new FASB standards and amendments and determine how it impacted the business of the Company. •Participated in variances analytics in balance sheet and income statement account analysis.•Monitored the internal and external audit and quarter review process and assisted in managing the compliance with internal controls, processes and procedures.
  • Fannie Mae
    Senior Financial Analyst
    Fannie Mae Feb 2006 - Feb 2007
    Washington, District Of Columbia, Us
    Supervised the preparation of monthly management reports for the Housing and Community Development (HCD) division. Utilize internal reporting tools and systems to produce internal reports, analyze data, and performance results.Updated the Acquisition & Book of Business procedures as needed.Managed the defeasance program accounting process by completing the monthly defeasance accounting ledgers and journal entries. Maintain and completed quarterly financial statements for the Multifamily Collateral Corporation and Multifamily Collateral Holding Company.
    View
  • Bearingpoint
    Senior Consultant
    Bearingpoint Aug 2005 - Feb 2006
    Amsterdam, Nl
    Support client (Fannie Mae) in managing and monitoring financial controls. Responsible for analyzing business processes, reviewing internal controls, and documenting control risks. Assisted in preparing policies and procedures. Interacted with Business Units in implementing new policy and procedures.
    View
  • Freddie Mac
    Senior Financial Analyst
    Freddie Mac Dec 2002 - Aug 2005
    Mclean, Va, Us
    Regulatory Reporting and ComplianceResponsible for the quality control oversight, monitoring and delivery of the Accounting and Reconciliation Risk Based Capital (RBC) submission to the Office of Federal Housing Enterprise Oversight (OFHEO) on a monthly and quarterly basis. Worked closely with other business and finance units across the organization to gather, analyze and report information under regulatory requirements.Reviewed and analyzed complex financial data from other business units to prepare the monthly Minimum Capital Report to OFHEO, this includes reviewing internal reports, other supporting documentation and developing ad hoc reports to support financial results/analyses. Ensured that the calculations and minimum capital ratios were accurate and met the capital adequacy requirements set forth by OFHEO.Supported the Director in managing the financial controls for Regulatory Reporting and act as lead on various aspects of the control function. Responsible for analyzing business processes, reviewing internal controls, and documenting control risks. Worked with management to ensure timely completion of control issues including monthly management and performance reports and Weekly Status reports.
    View
  • Multifamily Division
    Investor Accounting Analyst
    Multifamily Division Feb 2001 - Dec 2002
    Assisted with the research and analysis of Negotiated and Bond Transactions. Reviewed credit enhancement, servicing agreements and other loan/transaction documents for servicing issues to determine proper accounting and reporting treatment. Managed and implemented necessary processes to ensure adequate controls. Confirmed bond financial activities by analyzing Servicers monthly remittance, account reconciliation and other submitted reports as it relate to timeliness and accuracy. Ensure data integrity and research any discrepancies in reported data.Prepared monthly bond payments schedules by reconciling cash reported with cash received. Performed monthly variance analysis.Analyzed and calculated net interest margin for ARMs loansPrepared baseline reporting i.e. Phase I, ARM loan reporting and amortization schedules.Updated procedures for new products and system enhancement
  • Multifamily Division
    Financial Analyst
    Multifamily Division Jul 1999 - Feb 2001
    Prepared and distributed recurring reports used to manage Multifamily Servicing group,including monthly management, performance, Phase I and ad hoc reports. Used MS Query, Excel and other relational databases to create and maintain large and complex data models used for analysis to support Management in making sound Business decisions. Ensure data integrity by researching and correcting data discrepancies.Supported Management and staff with weekly and monthly standard ad hoc financial reports.
  • Criimi Mae Services Lp
    Financial Analyst
    Criimi Mae Services Lp Mar 1998 - Jun 1999
    Assisted in the development and analysis of monthly financial and performance reports designed for executive audiences including Board of Directors, Senior Management, and select outside investors.Compiled and prepared Commercial Mortgage Backed Securities (CMBS) portfolio performance/status reports to track balances, loan-to-value, debt service ratio, maturity, coupon rate, service calculation fees, delinquency and specially serviced asset reporting for $18B in assets.Prepared monthly delinquency report. Assisted Manager in special projects.
  • Central Fidelity National Bank
    Commercial Loan Specialist
    Central Fidelity National Bank Oct 1995 - Feb 1998
    Supported the Relationship Manager in the structuring and pricing of new relationships, assisted in document preparation and post closing exception documentation tracking process with external parties such as title companies and closing counsel.Routinely received and analyzed financial information submitted by borrowers to effectively monitor risk and ensure that individual credits are assigned the appropriate level of riskPrepared Credit Approval Memorandum to Loan Committee for approval or disapproval of loan.Performed portfolio maintenance responsibilities to include: quarterly review of borrower financial reporting requirements, monthly monitoring of collateral, receivables and borrowing base certifications, and quarterly covenant compliance requirements

Dawn Wells Skills

Sec Variance Analysis Consulting New Market Reporting Requirements Sound Financial Data Units Payments Finance Oversight Credit Enhancement Aol Business Administration Strategic Financial Planning Business Partners Third Party Treatment Disclosures Management Financial Statements General Ledger Science Multi Family Metrics Loan Servicing Defeasance Powerpoint Accounting Baseline Capital Adequacy Sec Reporting Portfolio Management System Crystal Reports Business Services Cell 10k Sage Act Reports Account Reconciliation Balance Sheet Microsoft Office Cooperative Mclean Information Quality Microsoft Excel Amortization Schedules Risk Management Enterprise Software Status Reports Calculations Documentation Ratios Quality Control Research Mortgage Servicing System Monitoring Accounting Standards Reporting Support Management Capital Commercial Real Estate Microsoft Fannie Mae Loans Analysis .net Journal Entries Virginia Applications Arm Financial Modeling Data Analysis Relational Databases Social Housing Schedules Home Advertising Bank Reconciliation Community Development Regulatory Reporting Commercial Banking Regulatory Requirements Financial Statement Analysis Belmont Credit Technical Support Gaap 10q Sarbanes Oxley Act Contractual Agreements Sec Regulations Msquery Data Integrity Freddie Mac Presentations Computer Proficiency Responsibility Internal Audit Financial Operations Policies And Procedures Distribution Banking Business Units Data Models Peoplesoft Executive Management Portfolio History Lotus Notes User Centered Design Microsoft Exchange Reviews Fasb Process Improvement Margin Improvement Compliance Trustees Microsoft Word Cash Business Process Internal Controls Collateral C++ Financial Analysis Arms Budgets Financial Transactions Financial Reporting Tax Credits Credit Analysis Risk Filing Conceptual Modeling Amendments Delivery Mergers And Acquisitions Securities Financial Results

Dawn Wells Education Details

  • North Carolina Agricultural And Technical State University
    North Carolina Agricultural And Technical State University
    Finance
  • Keller Graduate School Of Management, Devry University
    Keller Graduate School Of Management, Devry University
    Business Administration

Frequently Asked Questions about Dawn Wells

What company does Dawn Wells work for?

Dawn Wells works for Ginnie Mae

What is Dawn Wells's role at the current company?

Dawn Wells's current role is Mortgage Banking Analyst.

What is Dawn Wells's email address?

Dawn Wells's email address is d5****@****aol.com

What schools did Dawn Wells attend?

Dawn Wells attended North Carolina Agricultural And Technical State University, Keller Graduate School Of Management, Devry University.

What skills is Dawn Wells known for?

Dawn Wells has skills like Sec, Variance Analysis, Consulting, New Market, Reporting Requirements, Sound, Financial Data, Units, Payments, Finance, Oversight, Credit Enhancement.

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Download 750 million emails and 100 million phone numbers

Access emails and phone numbers of over 750 million business users. Instantly download verified profiles using 20+ filters, including location, job title, company, function, and industry.