Vaco by Highspring ยท 3 days ago
Financial Operations Coordinator
Houston, TX
Full-time
Onsite
New Grad, Entry Level
$60K/yr - $65K/yrVaco by Highspring is seeking a motivated and detail-oriented Financial Operations Coordinator to join their clients' team. This entry-level position involves supporting clients with financial operations and ensuring accurate communication and record-keeping related to various loan products.
Staffing & Recruiting
Hiring Manager
Lori Kyle, CSCP
Responsibilities
Provide support to clients managing SBA GICs, SBA COOFs, and USDA guaranteed loans, ensuring accuracy and timely communication
Help maintain the safekeeping receipt registry, utilizing basic mathematical skills to keep records organized
Prepare and deliver Debit/Credit Advices to clients before payments for principal and interest (P&I), payoffs, and redemptions, clearly communicating necessary details
Participate in the collection and disbursement of principal and interest payments as outlined in the terms and conditions, ensuring payments are processed correctly and accurately
Assist in reconciling payment discrepancies with lenders to ensure accurate financial records and payment statuses
Contribute to generating monthly reports and statements for clients that reflect all payment activity and asset holdings, developing skills in data organization
Support servicing for products like USDA Loans, SBA Loans, and COOFs, maintaining a client-focused attitude
Help address borrower payment delinquencies by gathering information and documenting findings in the internal platform, enhancing problem-solving skills
Collaborate with the SBA's Fiscal and Transfer Agent and individual lenders to monitor loan statuses and assist in maintaining compliance
Assist with various projects and assignments as assigned by team leaders, aiding the overall efficiency of the operations team
Learn to address issues related to borrower deferments, modifications, defaults, and prepayments, supporting documentation procedures where necessary
Qualification
Required
Bachelor's degree in Business, Finance, or a related field is preferred, but not required
Interest in banking, finance, or the securities industry, with a willingness to learn
Basic mathematical skills for handling financial records
Good verbal and written communication skills, with the ability to convey information clearly
Strong customer service orientation, with an eagerness to assist clients and resolve issues
Ability to work effectively in a collaborative team environment
Preferred
Some exposure to financial products, such as SBA Loans, USDA Loans, or related areas through coursework or internships
Organizational skills and attention to detail to ensure accuracy in tasks
Benefits
Discretionary bonuses
Medical, dental, and vision benefits
The company's 401(k) retirement plan
Company
Vaco by Highspring
Vaco is the Talent Solutions division of Highspring, a leading global professional services organization.
5001-10000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase