Who we are
Shellpoint Mortgage Servicing (SMS) is one of America’s top-five non-bank mortgage-servicing companies. What is mortgage servicing? Our clients are businesses that own mortgage loans (such as banks and real estate investment firms). On their behalf, we manage (or “service”) their loan portfolios, which means that we collect homeowners’ mortgage payments, pay their tax and insurance bills, and help homeowners in default to get current.
Position Summary
The Cash Control Specialist I Job is responsible for several cash processing-related responsibilities. Daily tasks may include posting payments, processing payoffs, liquidations, processing returned payments, processing loan level disbursements, working with ACH, and processing various tasks and/or duties as assigned.
Responsibilities:
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General payment processing responsibilities in a fast-paced environment, where multi-tasking is key to ongoing success.
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Manual mail opening, keying check posting, unapplied funds posting with accuracy
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Daily MSP task queue management, including processing of the following: returned payments, items in the reversals queue, fee waivers, and charge & write-offs.
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Daily processing and reconciliation of Cash Operations letters.
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Process daily set-up, cancellations, and changes to Automated Clearing House (ACH) payments.
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Processing and submission of letters to CHL customers.
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Process payment posting transactions, reversals, and reapplication based on policy and procedures.
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Daily processing of return checks, bank adjustments, and encoding errors.
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Processing loan level disbursements.
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Other duties as assigned.
Qualifications:
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1+ years of previous Banking, Accounts Payable, or Accounts Receivable experience.
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Current, working knowledge of the Microsoft Office suite, including: Word, Excel, Access and PowerPoint.
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Ability to accurately 10-key by touch with at least 10,000 KPH.
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Available to work over-time as requested and required by business need and communicated by your manager.
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High School Diploma or equivalent required.
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Experience with MSP is highly desired.
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1+ years of experience in a lending environment is desired.
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Lifting up to 25 pounds may be required.
#LI-KO1
Company Perks:
• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 9 Paid Holidays
• Employee Engagement Activities
Company Benefits:
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan
• Performance-based Incentives
• Pet Insurance
• Advancement Opportunities
Newrez NOW:
• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
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What We Do
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com.
© 2022 Newrez LLC {f/k/a New Penn Financial, LLC}. All Rights Reserved. {Doing business as Newrez Mortgage in the states of Arkansas and Texas}. {Website approval pending with the New York Department of Financial Services.} This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply. Newrez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Additional licenses available at www.newrez.com. Equal Housing Opportunity.