Contemporary Staffing Solutions is seeking a diligent and detail-oriented Payment Processor to join our client in Marlton, NJ! The Payment Processor will play a crucial role in accurately and timely processing customer mortgage payments to our servicing system. This temporary opportunity offers $19/Hour!
Essential Job Duties and Responsibilities:
- Accurately and timely post customer payments and payoffs to the servicing system of record, either manually or electronically. Perform reconciliation of all posted items.
- Disperse checks and perform reconciliation of disbursements.
- Contact attorneys, title agents, and borrowers for short payoffs when necessary.
- Set up and maintain ACH accounts.
- Work on pending and exception items and maintain and process daily exception reports to minimize company risk.
- Maintain reversal of posting transactions such as NSF and reversals.
- Scan mortgage payments into the servicing system and depository bank.
- Open and process mail, including receiving, tracking, and documenting incoming Cash Management items.
- Conduct data analysis and reconciliation of data pertaining to payment applications.
- Perform root cause analysis to minimize risk to the company.
- Make individual fact-based decisions within authority level and perform research and remediation based on minimal data.
- Ability to adjust and learn quickly.
- Perform other related duties as assigned.
Qualifications/Requirements:
- High School Graduate/GED required.
- 1 years of related work experience; 2-4 years of related work experience preferred.
- Experience with Sagent or LoanServ is a plus.
- Strong accounting/mathematical skills, including the ability to add, subtract, multiply, and divide with 10's and 100's preferred.
- Data entry experience with quick and accurate typing skills.
- Intermediate Excel knowledge and ability to manipulate data.
- Experience with banking software for depositing, posting, and balancing checks.
