Loan Accounting Specialist - Irving , Tx

Reprise FinancialIrving, TX
32d$21 - $24Onsite

About The Position

The Loan Accounting Specialist is responsible for supporting several job functions within the Loan Accounting Department including but not limited to processing monetary and non-monetary transactions to customer’s loans in a timely and accurate manner. This position is responsible for identifying and adhering to best practices in order to minimize risk and potential losses.

Requirements

  • 1-2 years or more experience in financial services or similar industry
  • 2 years system knowledge working within Shaw Retail preferred
  • Ability to demonstrate analytical capabilities
  • Excellent communication, organizational and problem-solving skills
  • Basic knowledge of PC applications including Microsoft Office
  • Intermediate operational experience of Microsoft Excel
  • Experience working on multiple concurrent tasks while meeting rigorous deadlines
  • Should possess clear and professional verbal communication skills
  • Extremely strong customer service skills
  • Ability to work well with all levels of management and personnel within the organization both verbally and written
  • Ability to maintain confidentiality and professional demeanor while working with internal and external customers
  • Team player with ability to perform effectively in a fast-paced environment

Responsibilities

  • Research, process and post incoming payments from customers or 3rd parties.
  • Apply proper treatment to reverse to reapply cash and non-cash adjustments following departmental business rules.
  • Prepares daily monetary upload transactions through the batch cycle entries while maintaining records, files, and controls.
  • Supply supporting documentation in the form of payment histories, copies of contract, payoff quotes, paid in full letters to external customers upon request.
  • Evaluate bank returns and process NSF’s, stop payments and closed accounts.
  • Research and resolve accounts according to payment disputes in relation to missing payments, misapplied payments, unauthorized payments, and overpayments.
  • Update the system with proper documentation for research, tracking, reconciliation, and repository purposes.
  • Review customer related refunds to ensure accurate accounting and compliance to policies and procedures.
  • Communicate effectively with management, providing necessary explanations and recommendations on daily tasks to minimize redundancies, streamline processes, and enhance overall operational efficiency within the department.
  • Provide efficient and adequate responses to customers and internal department inquiries within SLAs.
  • Promote a cooperative and productive work environment.
  • Provide support to other departments on an as needed basis.

Benefits

  • Comprehensive medical, dental, and vision coverage, contributions to a Health Savings Account (HSA), and access to an Employee Assistance Program (EAP) to support your mental health and overall well-being.
  • Plan ahead with our 401(k) program, featuring a Safe Harbor Match (100% of the first 3% and 50% of the next 2%).
  • Recharge with accrued time off, company holidays, sick time, and 3 floating holidays—perfect for celebrating your birthday, your dog’s birthday, or just a random Tuesday!
  • Our 12-week Paid Parental Leave ensures you have the time and support to focus on your family during life’s biggest moments.
  • Market-driven salary and bonus opportunities ensure your hard work is recognized and rewarded.
  • Stay connected and productive with a robust tech package designed to help you deliver your best every day.
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