Sr. Cash Management Disbursement Specialist

About the role

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.

Responsibilities

• Assist as needed with employee workflow in Cash Operations.
• Cook up 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.
• Maintain 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.
• Aid in Cash Management workflow.
• Support staff members in training.
• Provide support for project testing on all Cash Management projects.
• Support the receiving, recording, and compiling of all incoming payments/checks.

Requirements

• A 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.

Qualifications

• High School diploma or equivalent work experience.
• Three (3) or more years’ experience in cash management and/or disbursement.

Skills

• 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.

Benefits

• Comprehensive healthcare plans for you and your family.
• A 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.

Pay

The Approved Target Pay Range for this position is $26.00 to $29.00.

Schedule

On-site in Chandler soon relocating to Tempe, AZ!