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Remittance Processing Associate Jobs (NOW HIRING)

Selene Holdings

Operations Associate

Minneapolis, MN · On-site

Selene is seeking a qualified candidate for the Operations Associate position ("Associate"). This ... the monthly remittance process across the residential credit platform, monthly financing ...

FirsTech

Lockbox Remittance Specialist

Creve Coeur, IL

$18 - $20/hr

Process all lockbox deposits from direct and indirect customers. Quality Assurance Processing ... Re-associate check images to corresponding material while validating quality of images. * Maintain ...

FirsTech

Lockbox Remittance Specialist

Creve Coeur, IL · On-site

$18 - $20/hr

Process all lockbox deposits from direct and indirect customers. Quality Assurance Processing ... Re-associate check images to corresponding material while validating quality of images. * Maintain ...

FirsTech

Lockbox Remittance Specialist

San Diego, CA

$18 - $20/hr

Process all lockbox deposits from direct and indirect customers. Quality Assurance Processing ... Re-associate check images to corresponding material while validating quality of images. * Maintain ...

New

UHS

PAYMENT SPECIALIST, Full Time

Sparks, NV

... processing of Electronic Remittance Advices (ERAs) and manual payment posting to PMS to meet team ... Technical School/2 Years College/Associates Degree preferred. Work experience: Experience 1-3 years ...

Busey Bank

Lockbox Remittance Specialist

Creve Coeur, IL · On-site

$18 - $20/hr

Process all lockbox deposits from direct and indirect customers. Quality Assurance Processing ... Re-associate check images to corresponding material while validating quality of images. * Maintain ...

Busey

Lockbox Remittance Specialist

Creve Coeur, IL

$18 - $20/hr

Process all lockbox deposits from direct and indirect customers. Quality Assurance Processing ... Re-associate check images to corresponding material while validating quality of images. * Maintain ...

Busey

Lockbox Remittance Specialist

San Diego, CA · On-site

$18 - $20/hr

Process all lockbox deposits from direct and indirect customers. Quality Assurance Processing ... Re-associate check images to corresponding material while validating quality of images. * Maintain ...

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How much do remittance processing associate jobs pay per hour?

As of May 31, 2026, the average hourly pay for remittance processing associate in the United States is $18.29, according to ZipRecruiter salary data. Most workers in this role earn between $12.50 and $20.67 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Remittance Processing Associate, and why are they important?

To thrive as a Remittance Processing Associate, you need strong attention to detail, numerical accuracy, and a high school diploma or equivalent. Familiarity with remittance processing software, data entry systems, and basic office equipment is typically required. Excellent organizational skills, reliability, and the ability to work well under deadlines are valuable soft skills for this role. These abilities ensure error-free processing of payments, compliance with financial regulations, and efficient workflow in high-volume environments.

What are some common challenges faced by Remittance Processing Associates, and how can they be effectively managed?

Remittance Processing Associates often handle high volumes of payments and sensitive financial information, which can lead to challenges such as meeting strict deadlines, maintaining accuracy under pressure, and quickly resolving discrepancies. To manage these challenges effectively, associates should develop strong attention to detail, utilize organizational tools, and communicate proactively with team members and supervisors. Most organizations also provide ongoing training and support, helping associates stay updated on the latest regulations and process improvements.

What is a Remittance Processing Associate?

A Remittance Processing Associate is responsible for handling incoming payments, typically on behalf of a company or financial institution. They process checks, electronic payments, and other forms of remittance, ensuring that payments are accurately recorded and deposited. Their duties often include data entry, verifying payment information, resolving discrepancies, and maintaining financial records. Attention to detail and strong organizational skills are essential for success in this role.

What is the job description of a remittance?

A Remittance Processing Associate is responsible for handling and verifying incoming and outgoing payment transactions, ensuring accuracy and compliance with banking or financial institution standards. They often use specialized software and may need to follow strict security protocols to process payments efficiently. Attention to detail and knowledge of financial procedures are essential for this role.

What is the difference between Remittance Processing Associate vs Payment Processing Clerk?

AspectRemittance Processing AssociatePayment Processing Clerk
Required CredentialsHigh school diploma, basic financial knowledgeHigh school diploma, familiarity with financial transactions
Work EnvironmentBank or financial institution, office settingBank, accounting department, or financial services
Employer & Industry UsageFinancial institutions, payment companiesBanking, accounting firms, financial services
Common Search & ComparisonOften compared for processing and reconciliation tasksRelated to handling payments and transactions

The Remittance Processing Associate and Payment Processing Clerk roles both involve handling financial transactions within banking or financial institutions. While they share similar credentials and work environments, the associate typically focuses on processing remittance payments, verifying data, and reconciling accounts, whereas the clerk may handle broader payment processing tasks. Understanding these differences helps job seekers identify the right role based on their skills and career goals.

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Remittance Processing Associate jobs near you

Operations Associate

Selene Holdings

Minneapolis, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

Job description

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!
Position Summary:
Selene is seeking a qualified candidate for the Operations Associate position ("Associate"). This position will work exclusively on certain Pretium residential credit private equity funds. Reporting to the VP of Operations, the successful candidate will manage and/or assist with various operational functions including, but not limited to the monthly remittance process across the residential credit platform, monthly financing administration with multiple investment banks, new mortgage pool closings, and new financing line setup and closings (e.g., repurchase agreements or securitizations). This position will work side-by-side with the fund controllers as well as the trustee/paying agent of the private equity funds. The ideal candidate will be familiar with the various activities noted above, have a strong attention to detail/organizational skills, and be able to work with large, complex datasets. The ideal candidate must be inquisitive, a self-starter, and be comfortable operating in a dynamic, fast paced, and entrepreneurial environment.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
  • Prepare and reconcile the remittance information for the Pretium residential credit funds, including separately managed accounts
    - Interim servicing reconciliation
    - Monthly cash tie out
    - Data validations
    - Liaise with IT/data to automate/enhance processes
  • Assist with the Selene remittance and support process improvement
    - Work with Selene investor reporting on validation procedures
    - Data enhancement
    - Automation
  • Settlement contact on all deals
    - Mortgage pool closings/repurchase agreements
    - Securitizations
    - EBO repoolings
    - Wire setup
  • Complete all new account setups
    - Know-your-client requests
    - Document requests
  • Conduct the monthly financing rolls for the Pretium residential credit funds
    - Whole loans
    - Securities
    - Swaps
    - Securitization tie outs
    - Load all information into the internal SQL database
  • Provide the fund administrator/fund accounting with supporting schedules for trial balance tie out

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily with the ability to prioritize and maintain a large volume of multi-faceted work. Also required is the ability to be flexible and adapt to a fast-paced and changing business environment. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • Bachelor's degree in accounting/finance, or equivalent business experience
  • Experience: 3-5 years
  • Self-starter comfortable operating in a dynamic, entrepreneurial environment with evolving roles and responsibilities
  • Strong attention to detail
  • Effective verbal and written communication skills
  • Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations or MBA degree
  • Strong preference will be given to candidates with relevant residential mortgage loan / REO accounting and operations experience
  • Preference will be given to candidates with SQL knowledge
  • Microsoft Office (particularly strong in Microsoft Excel)

Why Selene?
Benefits
Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:
  • Paid Time Off (PTO)
  • Medical, Dental &Vision
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Savings Account
  • Paid Holidays
  • Company paid Life Insurance
  • Matching 401(k) Plan

The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.
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