Job ID:3240
Job Title:Executive Cash Servicing
Rate:77-130K
Primary Skills:• Bachelor's degree or equivalent experience required; graduate degree preferred
• 4-10 years’ experience in a mortgage loan servicing management assignment with progressively responsible leadership responsibility
• MSP Conversion experience
• Demonstrated track record of building successful teams and delivering expected results
• Excellent problem solving and analytical skills
• Ability to influence and drive results
• Strong Leadership and People Management Skills
• Ability to communicate effectively verbally and in writing
• Outstanding attention to detail required
• Ability to thrive in high pressure, ambiguous, short turnaround time environment
• Current knowledge and understanding of GSE/FHA/VA/USDA/CFPB compliance regulations
• May be required to work outside of business hours including evenings and weekends
Description:
  • Responsibilities
  • Create industry leading processes and controls that prevent non-compliance issues, provides consistent customer experience and drives operational efficiencies
  • Work with Operational Risk to identify and mitigate risk and establish quality assurance process
  • Build a high performing team with alignment to the department vision, focusing on team member care and development, clear communication, talent management, and frequent recognition
  • Ensure that all Cashiering, Reconciliation and Cash Management functions performed follow company, regulatory, Legal, and investor guidelines
  • Ensure the timely posting and deposit of all funds received both internally and externally
  • Oversee the processing of all wire transfers and check disbursements
  • Ensure the timely reconciliation of all cash accounts and custodial accounts
  • Ensure the clearing of reconciling items in a timely manner within company and investor guidelines
  • Manage vendor relationships, including lockbox
  • Ensure that proper internal controls exist and are applied consistently to prevent potential fraud and misallocation of funds
  • Maintain compliance with general audit risk assessments and Sarbanes-Oxley  (SOX) requirements
  • Interface with internal departments to ensure satisfaction
  • Provide leadership to Cashiering, Reconciliation and Cash Management departments, ensuring performance standards are maintained, while providing coaching.