Cash Operations Analyst
About The Position
Lima One Capital has an exciting opportunity for a Cash Operations Analyst. Join a team where your attention to detail and operational expertise directly shape our success! The Cash Operations Analyst will be responsible for posting payments, processing payoffs and liquidations. Their responsibilities will also include processing returned payments, disbursements, generating and delivering payoff letters, servicing system reconciliations, and asset management. Success in this position will require the ability to handle detailed and complex reporting and reconciling requirements and work with a high level of accuracy, independence, and analytical prowess. Additionally, the Analyst must be able to organize around and deliver against tight deadlines. In addition to routine reporting, the Analyst will assist with procedure reviews and other department projects.
Requirements
- Bachelor’s degree in accounting or finance or equivalent experience preferred
- 3+ years of banking or loan servicing experience preferred
- Available to work over-time one to three days per month
- Proficient in Microsoft Excel
- Ability to accurately 10-key by touch
- Able to solve complex problems independently and with sound judgment
- Exceptional research and analytical abilities
- Proven time management skills with the ability to manage multiple deadlines, prioritize projects and tasks, and adjust quickly while maintaining attention to detail
- Good verbal and written communication skills
- Ability to work in a fast-paced team environment
Responsibilities
- Process payment posting transactions, reversals, and reapplication based on policy and procedures.
- Ensures exception items are identified and resolved in a timely manner.
- Manual check and suspense funds posting with accuracy.
- Daily processing of return checks, bank adjustments, and encoding errors.
- Processing loan level disbursements.
- Timely generation of accurate payoff letters.
- Coordination with partnering departments to reconcile discrepancies or irregularities in records, statements, or documented transactions.
- Coordination with clients or title companies to send payoff letters for seamless loan closings. Internal point of contact and subject matter expert for payoff calculations.
- Act as liaison for investor or partner payoff approvals.
- Balancing and reconciliation. Balancing and reconciliation include, but are not limited to, custodial bank accounts, month end collection, weekly payoff…etc.
- Meet or exceed all processing and reporting deadlines and timeframes and work with a sense of urgency to complete tasks.
Benefits
- Medical, Dental and Vision Insurance
- Life Insurance, Short-Term Disability, and Long-Term Disability
- Hospitalization and Accidental Insurance
- Flexible Spending Accounts – Health and Dependent Care
- Health Savings Account
- Safe Harbor 401K with company match
- Growing Families Support (including paid parental leave, infertility support and assistance, childcare reimbursement, and elder care)
- Pet Insurance
- 12 paid time off days
- 5 sick days
- 12 paid holidays
- continuous learning opportunities
- dedicated mentorship
- paid parental leave
- infertility support and assistance
- childcare reimbursement
- elder care
- parking is paid for
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
