Cash Specialist

Information Systems & Networks Corporation•Oklahoma City, OK

7d•Onsite

About The Position

ISN is seeking an experienced cash specialist to support the Secretary Held HUD loan servicing contract. The cash specialist is primarily responsible for the accurate and timely processing of loan payments received through the mail and on the web.

Requirements

1-3 years mortgage experience preferred
1+ years payment processing experience preferred
Experience balancing daily transactions and/or cash reconciliation
Associate's and/or bachelor’s degree a plus
Strong attention to detail and accuracy
Will accept a combination of education and experience

Responsibilities

Utilizing the loan servicing system to look up borrower accounts
Prepping checks received for posting, ensuring the loan number and borrower name are listed on the check
Posting payments and payoffs to the loan servicing system accurately and timely
Analyze transaction histories to identify discrepancies
Depositing payments via check scanner and OTCnet, the web-based solution used to convert paper checks to electronic payments
Balancing daily payments posted on the servicing system to the amount deposited via OTCnet
Updating the internal check tracking system to indicate what action was taken with each check received
Processing overpayment refunds
Processing check requests for lien releases
Daily tracking and reporting of production activity
Preparing certificate of indebtedness (COI) packages
Preparing surplus funds claims packages
Notary public duties as needed
Assist with special projects and process improvements
Maintain compliance with internal controls and audit requirements
Other duties as assigned