Apply on Employer Site

The Servion Group · 4 days ago

Payment Processing Specialist

New Brighton, MN

Full-time

Onsite

Entry, Mid Level

$20.60/hr - $23.98/hr

1+ years exp

The Servion Group is a company focused on mortgage loans and member services, and they are seeking a Payment Processing Specialist. The role involves extensive administrative work, processing payments, balancing accounts, and providing direct member service to borrowers.

AdviceFinanceFinancial Services

Hiring Manager

Joseph Ireland

Responsibilities

Post payments from borrowers properly to ensure intended purposes of funds are recorded and appropriate information and loan balances are reflected in the system

Processes phone payment

Processes NSFs daily

Follow company policies and procedures

Meet deadlines

Ability to work with multiple payment processing programs

Must be able to perform all responsibilities and functions listed for Level I with a high degree of independence

Responsible for the training of new and current payment processors

Collaborate with Accounting to reconcile out of balance conditions in daily work

Prepare bank deposits, account transfers, cash book entries and record necessary information as required

Create files and post ACH and website payments Process payoff funds

Process foreclosure reinstatement payments, bankruptcy payments, FMMA wires, borrower incentives, credit life payments

Qualification

Mortgage lending knowledgePayment processing programsAllRegs familiarity10-key proficiencyBasic MS OfficeAutomatic bill pay experienceFilezilla familiarity

Required

Thorough knowledge of first mortgage real estate lending practices, including federal regulatory requirements, state regulations, agency and Credit Union requirements

Familiarity with AllRegs

Advanced 10-key and calculator

Basic MS Office

Preferred

Education: High School Diploma

Experience: Entry level 1-2 years' mortgage banking, teller, cashiering, or bookkeeping; Senior level 2–4-year accounting degree plus 3+ years loan servicing experience

Licenses/Certifications: none

Experience with automatic bill pay procedures

Experience importing and exporting payment files and wires

Familiarity with Filezilla