
(#32610) Analyst I, Loan Remit
The Loan Remittance Analyst is responsible for receiving and reviewing loan remittance and correspondence transactions and handling applicable activity in accordance with company policies and all applicable regulatory requirements. As the Analyst, you will resolve exceptions, disposition loan remittances to corresponding loan balances, and prepare bank deposits maintaining the highest level of quality.
The Loan Remittance Analyst will:
- Review incoming documentation/correspondence for data integrity
- Provide feedback on out of balance conditions in the General Clearing Account
- Process all exception activity to ensure timely completion based on established SLAs and escalation where applicable
- Assist with researching and gathering backup for internal Compliance related reports and routines
- Handle daily transactional activities including but not limited to: Review and process all negotiable items received for loan transactions and payoffs; Reconcile completed activity within specified timeframes; Update and balance remittances, wires, logs and statistical reports; Print company disbursements; Prepare/Process remittances to reports and dispatch/mailing of correspondence and remittances; Ensure the confidentiality of loans and negotiable items
- Perform other related duties as required and assigned
- Demonstrate behaviors which are aligned with the organization's core values
What You’ll Bring:
- Knowledge of mortgage industry practices, terminology and technology platforms preferred
- Knowledge of federal and state laws pertaining to the mortgage banking industry
- Experience using automated financial or loan tracking systems preferred
- Knowledge of customer service and collection principles a plus
- Basic knowledge of running existing queries and creating reports preferred
- Proficient in 10-key by touch