Mortgage Cash Management Expert
4 weeks ago
Shellpoint Mortgage Servicing (SMS) is a leading non-bank mortgage-servicing company in the US, responsible for managing loan portfolios on behalf of clients. Our team collects mortgage payments, pays tax and insurance bills, and helps homeowners in default to get current.
Job DescriptionThe Cash Control Specialist I role involves several cash processing-related responsibilities, including posting payments, processing payoffs, liquidations, and returned payments, as well as working with Automated Clearing House (ACH) and loan level disbursements.
Key Responsibilities:- Payment Processing: General payment processing responsibilities in a fast-paced environment, where multi-tasking is key to ongoing success.
- Manual Mail Opening and Keying: Manual mail opening, keying check posting, and unapplied funds posting with accuracy.
- Daily Task Queue Management: Daily MSP task queue management, including processing of returned payments, items in the reversals queue, fee waivers, and charge & write-offs.
- Cash Operations Letters: Daily processing and reconciliation of Cash Operations letters.
- ACH Payments: Process daily set-up, cancellations, and changes to Automated Clearing House (ACH) payments.
- Letter Processing: Processing and submission of letters to CHL customers.
- Payment Posting Transactions: Process payment posting transactions, reversals, and reapplication based on policy and procedures.
- Return Checks and Bank Adjustments: Daily processing of return checks, bank adjustments, and encoding errors.
- Loan Level Disbursements: Processing loan level disbursements.
To be successful in this role, you will need:
- Previous Experience: 1+ years of previous Banking, Accounts Payable, or Accounts Receivable experience.
- Microsoft Office Skills: Current, working knowledge of the Microsoft Office suite, including Word, Excel, Access, and PowerPoint.
- 10-Key Accuracy: Ability to accurately 10-key by touch with at least 10,000 KPH.
- Availability: Available to work over-time as requested and required by business need and communicated by your manager.
- Education: High School Diploma or equivalent required.
- Experience in Lending: Experience with MSP is highly desired. 1+ years of experience in a lending environment is desired.
- Lifting Requirements: Lifting up to 25 pounds may be required.
We offer a competitive salary and benefits package, including:
- 15 Paid Time Off (PTO) Days and 18 after 1st anniversary.
- 9 Paid Holidays.
- Employee Engagement Activities.
- Company Benefits: Medical, Dental, RX, Vision, Life, Disability Insurance, 401(k) Plan with company match, Employee Assistance Plan.
- Performance-based Incentives.
- Pet Insurance.
- Advancement Opportunities.
We're proud to be an equal opportunity employer and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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