Cashiering Specialist I

Full Time | Chicago, IL

Objective

The Cashiering Specialist I is responsible for posting all cash activity required in the MSP loan accounting system. This position is responsible for applying cash payments received into the system and inputting cash disbursements in the system. The position will also be responsible for validating proper setup of systems for purpose of moving cash. This position works closely with both the Accounting and Servicing Departments to research and resolve any discrepancies.

Primary Duties & Tasks

  • Process standard mortgage loan payments
  • Process mortgage payoffs per standard procedures
  • Process non-standard payments, such as bankruptcy payments, vendor payments (Mortgage Insurance, Homeowners Insurance, Taxing authorities, etc.) reversal sales, etc.
  • Process Loan Modification Cash Adjustments
  • Process reversal transactions
  • Complete daily Cash/System Batch Balancing
  • Research exception items that do not reconcile
  • Inputting of internal and external wires and book transfers
  • Process and monitor disbursement of suspense funds, ensuring funds are processed within servicing guidelines
  • Process manual disbursements in the MSP system
  • Research exception items in Clearing accounts
  • Communicate with various departments, including Senior Management, to resolve issues or inaccuracies in a timely manner
  • Identify and recommend improvements to policies and procedures related to reconciliation process.

Knowledge & Skills Required

  • Entry level position
  • Mortgage servicing industry exposure preferred
  • MSP loan servicing system exposure preferred
  • Prior experience in cashiering a plus
  • Exhibits good communication skills
  • Ability to prioritize tasks and manage time in fast-paced environment; quick thinker
  • Self-starter; takes initiative within role and responsibilities
  • Professional in demeanor and in interactions with others
  • Experience with Office Suite, especially Excel
  • Ability to be a team player and collaborate effectively
  • Ability to learn different software

Language Skills

  • English

Education

  • High School Diploma or GED

Work Environment

  • Office environment; will be sitting, standing, walking, lifting, etc..

Managing Others

  • None

Travel

  • None

Classification

  • Full Time.

FLSA Status

  • Non-Exempt

Wage Range

  • This position description is intended to describe the general nature and level of work being performed by the employee in this position. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required for this position; other duties outside of normal responsibilities may be performed as necessary to meet the needs of the organization. Nothing in this position description restricts management's right to assign or reassign duties and responsibilities to this position at any time.

AHP Servicing LLC participates in E-Verify. Details in English and Spanish. Right to Work Statement in English and Spanish.