Cash Control Specialist (On-site)

LE2203 NewRez LLC - Servicing - Houston, TX

Full-time - Entry Level

Houston, TX

About the position

The Cash Control Specialist I is responsible for various cash processing tasks within a fast-paced environment. This role involves managing payment processing, handling returned payments, and ensuring accurate financial transactions for mortgage servicing. The specialist will work with Automated Clearing House (ACH) payments and perform reconciliations, contributing to the overall efficiency of cash operations.

Responsibilities

• General payment processing responsibilities in a fast-paced environment, where multi-tasking is key to ongoing success.
• Manual mail opening, keying check posting, unapplied funds posting with accuracy.
• Daily MSP task queue management, including processing of returned payments, items in the reversals queue, fee waivers, and charge & write-offs.
• Daily processing and reconciliation of Cash Operations letters.
• Process daily set-up, cancellations, and changes to Automated Clearing House (ACH) payments.
• Processing and submission of letters to CHL customers.
• Process payment posting transactions, reversals, and reapplication based on policy and procedures.
• Daily processing of return checks, bank adjustments, and encoding errors.
• Processing loan level disbursements.
• Other duties as assigned.

Requirements

• 1+ years of previous Banking, Accounts Payable, or Accounts Receivable experience.
• 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.
• High School Diploma or equivalent required.
• Experience with MSP is highly desired.
• 1+ years of experience in a lending environment is desired.
• Lifting up to 25 pounds may be required.

Nice-to-haves

• Experience with MSP is highly desired.
• 1+ years of experience in a lending environment is desired.

Benefits

• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 9 Paid Holidays
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX - Vision - Life, Disability Insurance
• 401(k) Plan with company match!
• Employee Assistance Plan
• Performance-based Incentives
• Pet Insurance
• Advancement Opportunities
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day
• Employee Matching Gifts Program
• Newrez Grants Program