Financial Controller Director
Mclean, Va
• Direct report to business unit controller managing the accounting and financial reporting process for the $1.6 trillion Mortgage Loan Guarantee portfolio including accounting for guarantees, securitization, Risk Transfer products, REMICs, consolidation of trusts, amortization of fees, delinquency, loan modifications and loss mitigation.• Managed the accounting & reporting process for $700B Investment Portfolio comprising of Mortgage-backed securities and Asset-backed securities. Responsibilities include financing transactions, investing transactions, fair value accounting, derivative accounting, amortization of premium/discount, EITF 99-20 Impairment & FAS 115 Impairment.• Worked closely with VPs and SVPs to establish strategy, aid in decision making, evaluating new business transactions/products, reporting and analysis of results and making organizational changes.• Managed a team of up to 25-30 people including temporary staff for special projects as needed.