Cashiering Analyst - Treasury

The Cashiering Analyst – Treasury role is responsible for various aspects relating to Cash Management in loan servicing and banking functions. This role is inclusive of mortgage, vendor, corporate payments application, payoff quote processing, payoff funds processing and loan maintenance as it relates to cashiering transaction. In addition, the Cashiering Analyst – Treasury role will have a primary focus on treasury banking functions which include, processing wires from the federal reserve, processing outgoing wires and returns from all departments, treasury reconciliation and liquidity oversight, ACH processing, balancing and reconciliation, completing banking transactions into various corporate/servicing accounts. This role is a combined banking and servicing role responsible for completing loan level activity as requested or outlined by various reports, tasks, internal/external requests and vendors. This processor will conduct research as needed relating to cashiering, activities. This position is a precise role with high quality standards. Based on location, this position may be responsible for receipt or handling of actual payments and live checks. The Cashiering Analyst will also be responsible for banking responsibilities and working directly with banking platforms including but not limited to: Federal reserve wires, processing wires and transactions into the primary bank accounts. ACH evaluations and processing.

About Servbank:

Founded in 1994, Servbank is a banking institution with local roots and national reach. We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service. We work with individuals, businesses, and communities, so that whether you’re a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals. Come create excellence with Servbank.

Duties and Responsibilities

• Review multiple daily exception reports, control reports and unapplied reports to determine required action needed to resolve.
• Work within banking platforms to review, release and post bank activity into the primary servicing bank accounts.
• Daily processing within DNA Core Servicing/Fiserv Platform
• Collaborate with the banking operations along with servicing operations.
• Work with Federal Reserve and Fiserv banking activity and information for servicing purposes.
• Review, reference, and distribute bank and fed information for processing purposes.
• Utilize various ad-hoc report and system of record reports for daily workflow.
• Works daily queues and completes various requests within regulated timelines to ensure adherence to compliance guidelines.
• The cashiering payments analyst will be responsible for check handling, payment processing, physical check recon and research, service release forwarding of funds, proper tracking of all physical incoming funds, checks and balances, check research activity, desktop deposits and balancing (location dependent)
• Complete payment applications through lockbox work queues, tasks, client requests, mail, money gram.
• Complete maintenance on the servicing system of record.
• Cashiering maintenance, reversals, transfers, wires, reconciliation, loan cashiering analysis, bank returns, cashiering loan corrections.
• Process payments or payoff transactions in the system of record.
• Create payoff quotes per regulated timelines and state specific parameters.
• Complete system adjustments as monetary and non-monetary transactions.
• Systemically process various liquidation requests such as: Charge Offs, Write Offs, Proceeds.
• Complete systemic transactions to reflect payment returns due to: Non-Sufficient Funds, Stop Payment and various return types.
• Process and collaborate with various lines of business to ensure proper processing of suspense funds reflected loan level.
• Conduct necessary cash system maintenance as deemed by investor reporting and accounting departments.
• Ensure and Complete daily cash balancing, manual reconciliation ledgers for end of day balancing for individual work and/or team’s daily work.
• Research payment histories and Cash inquires received from various lines of business, complaints, customer service, collections, clients, and vendors.
• Supports customers and internal departments in a timely manner. Demonstrate excellent customer service skills to maintain customer confidence and protects the operations by following Privacy Policy as well as keeping information confidential.
• Cross training is required for support with resource capacity as needed.
• Partake in assignments for new initiatives and projects to enhance Cash processes.
• Assist in developing job aides and procedural updates as needed.
• Perform additional responsibilities as needed.

• 1 year cash processing in a mortgage servicing company or banking environment required.
• Excellent math skills with ability to accurately use and enter data under time constraints required.
• Ability to effectively communicate verbally and in writing.
• Provide superior customer service and work well with all internal and external customers.
• Capable of adapting to changing situations as well as the ability to show strong initiative and use good judgement to make sound decisions.
• Ability to work in a fast-paced environment
• Ability to multi-task and mange time effectively to meet deadlines and manage multiple priorities.
• Ability to problem solve and research issues when needed in an organized and detail orientated manner.
• Flexibility with scheduling on a day-to-day basis.

Required Computer and Software Competencies:

• Basic computer literacy
• Strong math aptitude
• Microsoft Office
• MSP Experience preferred
• MSP Experience within the Cash Workstation highly preferred

Education

High School Diploma

EEO Statement:

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.