Sr. Cash Management Disbursement Specialist

Carrington Mortgage • Chandler, AZ

2d • Onsite

About The Position

The Sr. Cash Management Disbursement Specialist will be responsible for coordinating and processing of all incoming invoices for loan level disbursements, stop pay/void requests, payoff disbursements, and processing, posting, and applying payments for residential mortgage accounts and prepare for deposit. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.

Requirements

• High School diploma or equivalent work experience.
• Three (3) or more years’ experience in cash management and/or disbursement.
• Reasoning ability.
• Intermediate working knowledge of Excel.
• Ability to understand complex problems and collaborate/explore alternative solutions.
• Ability to make decisions that have moderate impact on immediate work unit.
• Ability to organize and communicate thoughts and ideas into understandable terminology.
• Ability to add, subtract, multiply, divide and to record, balance, and check results for accuracy.

Responsibilities

• Assist as needed with employee workflow in Cash Operations.
• Coordinate receipt of outstanding invoices and approvals.
• Communicate with appropriate business unit, as needed.
• Disburse checks, timely, to appropriate vendors following company cash policies.
• Reconcile all disbursements daily.
• Process invoices for payment for all third-party recoverable, non-recoverable, investor recoverable items and loan servicing vendors with appropriate approvals.
• Create all stop payment and voids requests.
• Monitor Escrow on Paid in Ful (“PIF”) loans.
• Reconcile Unapplied Funds report on PIF loans and provide resolution within 30 days.
• Monitor exception reports, related to cash, within the Servicing Division.
• Reconcile returned non-negotiated checks at loan level.
• Perform monthly audits.
• Assist with Cash Management workflow.
• Assist with training staff members.
• Provides support for project testing on all Cash Management projects.
• Serve as secondary support for receiving, recording, and compiling all incoming payments/checks.
• Perform other duties as assigned.

Benefits

• Comprehensive healthcare plans for you and your family.
• Discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED