Payment Processor I


: $84,860.00 - $148,720.00 /year *

Employment Type

: Full-Time


: Financial Services - Banking/Investment/Finance

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Who is Cenlar? You are. Employee-owners have made Cenlar one of the nation's largest mortgage subservicers. We have achieved success by empowering people with company ownership, real programs that provide avenues for advancement, and a great atmosphere that makes everyone look forward to the workday. Get your share of our success by considering the opportunity to join our team as a Payment Processor I. Responsibilities: Loan level cash transactions, reconcile funds to the system of record and deposit checks to Federal Reserve Bank. Input data to post borrower payments, according to their instructions, in a timely and accurate manner; follow all pertinent and relative investor posting and special processing rules, designated by client. Post and reconcile payments received from all sources i.e. checks, wires, branch feeds and electronic batches. Post other loan level transactions requested by internal departments including, but not limited to, initial escrow, special deposits, corporate advance repayments and non-cash payment transactions. Facilitate advisement of receipt of checks for loans in default; post checks per default department's instructions. Research and identify payments received with incorrect loan numbers; communicate with Relationship Managers and payment sources (i.e. Checkfree, clients) on unidentifiable loan numbers. Coordinate with clients to obtain missing or corrected information for payments wired via electronic branch feeds. Identify funds received on paid in full loans; document system of record and coordinate return of funds. Balance system activity and deposit checks via electronic scanners; reconcile deposits to system totals. Coordinate the identification and transfer of payments to other servicers for deconverted loans. Assist mail coordinator with dissemination of work. Meet departmental standards for processing time and accuracy. Consistently comply with all company guidelines and policies. Other duties and special projects as assigned. Qualifications: BS degree in Business, Accounting or Finance highly recommended; will consider candidates with 2 - 3 years current branch banking experience or related payment processing experience Computer literacy including, but not limited to, Windows, Excel, Word and Outlook Proficiency with 10-key calculator by touch Strong math aptitude essential Demonstrated analytical and problem solving skills Excellent written and verbal communication and interpersonal skills Self-motivated Ability to work as a team member in a diverse workforce Total Rewards: Cenlar FSB offers outstanding benefits which may include paid medical/dental/life insurance, 401k, employee ownership, tuition assistance, a supportive work environment, and genuine opportunities for advancement. Cenlar is a Drug Free Workplace and an Equal Employment Opportunity/Affirmative Action Employer -- M/F/D/V/SO. Visit for more details. Please apply online.

PandoLogic. Category: Finance, Keywords: Payment Processing Specialist
Associated topics: credit, file, financial record, loan, loan closer, loan collections, loan collections officer, mortgage, verify, verification * The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.

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