What are the responsibilities and job description for the Cash Control Specialist position at Newrez Servicing?
Primary Function
The Cash Control Specialist I is responsible for a number of cash processing-related responsibilities. Daily tasks may include posting payments, processing payoffs, liquidations, processing returned payments, loan level disbursements, working with ACH, and other various tasks and/or duties as assigned.
Principal Duties
- General payment processing responsibilities in a fast-paced environment, where multi-tasking is key to ongoing success.
- Handles incoming mail delivered to the Cash room.
- Process a variety of transactions, including but not limited to, payoffs, payments, refunds, reversals, and reapplication, and returned payments.
- Liquidation processing including third party sales, short sales, etc.
- Daily reconciliation of Automated Clearing House (ACH) payments.
- Processing loan level disbursements voids.
- Performs related duties as assigned by management.
Education and Experience Requirements
- High school diploma or equivalent, required.
- 1 years of previous Banking, Accounts Payable, or Accounts Receivable experience.
- 1 years of experience in a lending environment is desired.
- Experience with MSP or similar mortgage servicing systems is desired.
Knowledge, Skill, and Ability Requirements
- Current, working knowledge of the Microsoft Office suite, including Word, Excel, Access, and PowerPoint.
- Ability to accurately 10-key by touch with at least 10,000 KPH.
- Available to work over-time as requested and required by business need and communicated by your manager.
- Lifting up to 25 pounds may be required.
Salary : $21 - $22