Invoice Approval Associate

Posted 3 Days Ago
Be an Early Applicant
Oklahoma City, OK, USA
In-Office
Entry level
Fintech • Software • Financial Services
The Role
Reviews and analyzes vendor invoices for mortgage servicing expenses, verifies supporting documentation against insurer and investor guidelines, resolves exceptions, and determines payment eligibility. The role also supports systems testing, process updates, ad hoc projects, and vendor communication. Success requires attention to detail, analytical and math skills, organization, communication, deadline management, independence, and proficiency with Microsoft Excel and multiple applications.
Summary Generated by Built In

Midland Mortgage, a division of MidFirst Bank, is one of the most successful home mortgage servicers in the country. We focus on quality and creating winning teams to execute our mission to be the top performing financial institution in the markets we serve. We are looking for an individual that will share in our passion for this mission. 

The Invoice Approval Department is primarily responsible for reviewing and decisioning invoices submitted for payment by vendors used in the course of servicing mortgage loans. The Department analyzes each expense to determine whether the item meets all required criteria for payment. From time to time, Invoice Approval associates may work with outside vendors including attorneys, utility companies, and municipalities. Associates in the Invoice Approval department learn about many different aspects of mortgage servicing and will also have opportunities to learn about processes in other default departments. Your work will help our team to execute the department mission to minimize losses by maximizing recoveries.

Responsibilities include:
• Review and Analyze submitted expenses for payment. This includes determining whether those payments can be assessed to loans.
• Gathering and evaluating whether supporting documentation is sufficient based on Insurer and Investor regulations or other applicable guidelines; this involves working and resolving various exceptions identified through the invoicing application
• Participating in annual systems testing to ensure all automated processes within the department function with new software releases
• Participating in ad hoc projects as required for maintaining and updating current processes
• Working with outside vendors to obtain supporting documentation for invoices, as needed.

 

Position Requirements

Candidates must possess experience in a related office environment, working with detailed documents, navigating multiple computer applications throughout the day, with demonstrated success meeting deadlines to be considered. Competency with MS Excel is also required.

Additionally, candidates must demonstrate:

  • Strong analytical problem-solving skills
  • Proficient math skills
  • Effective time management and ability to meet deadlines
  • Strong oral/written communication
  • Strong organization skills
  • Ability to work independently

Prior experience (home or work) working with multiple computer monitors is preferred, as the position requires navigating multiple monitors and applications.

Qualifications Skills Required Microsoft Excel Intermediate Education Required High School or better. Experience Required Experience in a related office environment, working with detailed documents, navigating multiple computer applications throughout the day. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • Experience in a related office environment working with detailed documents and multiple computer applications
  • Microsoft Excel proficiency at the intermediate level
  • High school diploma or equivalent
  • Strong analytical and problem-solving skills
  • Proficient math skills
  • Effective time management and ability to meet deadlines
  • Strong oral and written communication skills
  • Strong organizational skills
  • Ability to work independently
  • Experience working with multiple computer monitors

MidFirst Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about MidFirst Bank and has not been reviewed or approved by MidFirst Bank.

  • Healthcare Strength Health, dental, and vision coverage are available to eligible full‑time and part‑time employees, with company‑paid long‑term disability and an EAP included. Medical plans through Blue Cross Blue Shield and wellness incentives that can lower premiums are highlighted.
  • Retirement Support A company 401(k) match with a clear formula and a defined vesting schedule provides meaningful retirement support. Eligibility and enrollment timing are specified, reinforcing predictable access to the plan.
  • Leave & Time Off Breadth Paid vacation, paid sick leave, and paid holidays are emphasized, with a paid community service day also referenced. Time‑off offerings are portrayed as generous across materials.

MidFirst Bank Insights

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The Company
HQ: Oklahoma City, OK
2,197 Employees
Year Founded: 1982

What We Do

MidFirst Bank occupies a rare position within the banking industry. With $41.2 billion in assets, MidFirst Bank is the largest privately owned bank in the country. This combination of size and private ownership provides our customers with a special brand of banking. MidFirst Bank offers a full range of personal, commercial, trust, private banking and mortgage banking products and services. MidFirst is a strong commercial real estate lender and a major servicer of mortgage loans nationally. As a private business ourselves, we understand the unique needs of each business community we serve at each of our locations in Arizona (Phoenix), California (Los Angeles, Orange County, Santa Barbara, San Diego), Colorado (Boulder, Denver, Edwards, Fort Collins), Nevada (Las Vegas), Oklahoma (Oklahoma City, Tulsa, Western Oklahoma), Texas (Dallas, Houston, San Antonio) and Utah (Salt Lake City). Additionally, MidFirst Bank has commercial lending offices in Atlanta, Chicago, Nashville, New York City, Orlando, Raleigh and Southern California. We serve Southern California through 1st Century Bank, a division of MidFirst Bank. We also operate MidFirst Business Credit as a subsidiary of MidFirst Bank. MidFirst Bank provides services that compete with larger banks, while the people and culture truly define the MidFirst Bank difference. MidFirst provides exceptional financial and deeply committed customer service. Team members are loyal in their character, loyal in their personal commitment to customers, and loyal to always doing the right thing. MidFirst customers can always count on working with thoughtful, intelligent, honest professionals who are true to their financial goals. MidFirst Bank is a strong supporter of the communities they serve, investing time and money in important educational, charitable and civic organizations. Copyright © 2025 MidFirst Bank. All rights reserved. Member FDIC. Equal Housing Lender.

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