Payment Processor-Horseheads, NY Office

Posted Yesterday
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Horseheads, NY
Entry level
Financial Services
The Role
The Payment Processor is responsible for accurately processing and recording consumer payments, managing daily mail, balancing checks, and reconciling bank deposits. This role involves ensuring efficient payment processing through various platforms and preparing reports related to cash activities.
Summary Generated by Built In

Navient Business Processing Group LLC

Job Description

Duncan Solutions, a wholly owned subsidiary of Navient, is a full-service tolling and parking management company and a leading provider of parking management services to municipal and commercial clients, including citation processing, debt collections, and integrated parking management services. What started as a family business in 1936 has grown to become a preferred partner of the nation’s parking and tolling authorities with a presence in Canada.

The Payment Processor position is responsible for generating, processing and recording payments accurately, timely, and efficiently

$16.00/ hr

PLUS bonus opportunity AND Benefits!!!

This position works in the office at 325 Daniel Zenker Drive Horseheads, NY 14845

Working Hours Monday-Friday 9:15am -6:15pm with occasional weekend hours.

Lucrative employee referral program earning $500/referral after 6 months of service!

Process Consumer Payments

  • Access safe utilizing dual controls & obtain payments and documents for daily processing.
  • Process payments received in the mail into various collection platforms.
  • Run electronic payments (IVR, Web, ACH, etc.) in the applicable collection platform.
  • Post returned checks (non-sufficient funds, account closed; etc.) in the applicable collection platform.
  • Identify and return payments for accounts that are no longer assigned to our company.
  • Log exceptions & suspense items.
  • Secure payments and documents in locked storage as needed.

Print and Balance Checks

  • Electronically process and print PACs (Pre-Authorized Check Drafts).
  • Balance PACs to reports generated from the various platforms.
  • Mail checks to clients with lockbox requirements.

Report Processing

  • Daily and monthly cash journals, over payment and cash discrepancy reports.
  • Over payment report for Operations to review.
  • Daily check reports for balancing.
  • Other miscellaneous reports when needed.
  • Prepare check requests for consumer or POE's (Place of Employment).

Daily Mail

  • Assist with mail retrieval from the Post Office.
  • Sort, open, batch, scan via OPEX and log daily mail.
  • Distribute consumer payments and correspondence as per department SOP.

Reconciliation/Daily Bank Deposits

  • Reconcile and balance cash journals to the bank deposits.
  • Scan and log all payments using the deposit scanner.
  • Archive deposit images daily for retention and research.
  • Scan daily work to accounting.

Special Assignments

  • Assist management with policy, and procedural issues involving consumer payments.
  • Assist management with payments application conversions or upgrades.
  • Internal regulatory training.
  • Any other assignments upon request.

MINIMUM REQUIREMENTS:

  • 6 - 12 months experience in collections or a clerical/administrative environment or equivalent.
  • Basic knowledge in Microsoft Office including Word, Excel and Outlook.
  • Must have good calculator and math skills.
  • High School Diploma or the equivalent.
  • Must be of driving age and obtain and maintain a valid state-issued driver’s license. Require a driving record check and prefer to be accident and ticket free for at least a year. Employee must not use any drugs or substances that would interfere with the ability to drive safely.

PREFERRED QUALIFICATIONS

  • Customer Service skills.
  • Previous data entry experience. 
  • Computer Skills with the ability to work with Microsoft Excel effectively.
  • Ability to work in a fast paced environment.
  • Detail oriented.
  • Have positive can do attitude.
  • Willingness to learn new tasks.
  • Flexibility to reorganize day as needed to meet client deadlines.
  • Team oriented in accomplishing department goals.
  • Organizational and time management skills.
  • Must possess good communication skills including verbal and written.
  • Work quietly and independently.
  • Understand and follow NPI and Segregation of Duty procedures at all times.
  • Suggest enhancements to processes and assist in creating efficiency's within department.
  • Physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job:
  • While performing the duties of this job, the employee is regularly required to stand; reach with hands and arms; use hands to finger, handle, or feel objects, tools or controls; talk, hear, and walk; the employee is occasionally required to stoop, kneel, crouch, or crawl.
  • The employee must occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and the ability to adjust focus.

IMPORTANT NOTICES:

All offers of employment are contingent on standard background checks. Navient and certain of its affiliated companies are federal, state and/or local government contractors. Should this position support a Federal Government contract, now or in the future, the successful candidate will be subject to a background check conducted by the U.S. Government to determine eligibility and suitability for federal contract employment for public trust or sensitive positions. Positions that support state and/or local contracts also may require additional background checks to determine eligibility and suitability.

EOE Race/Ethnicity/Sex/Disability/Protected Vet/Sexual Orientation/Gender Identity. Navient Corporation and its subsidiaries are not sponsored by or agencies of the United States of America.

Navient is a drug free workplace

Top Skills

MS Office
The Company
HQ: Wilmington, DE
3,557 Employees
On-site Workplace
Year Founded: 2014

What We Do

Navient (Nasdaq: NAVI) is a leader in education loan management and business processing solutions for education, healthcare and government clients at the federal, state and local levels. The company helps its clients and millions of Americans achieve financial success through services and support. Headquartered in Wilmington, Delaware, Navient also employs team members in western New York, northeastern Pennsylvania, Indiana, Tennessee, Texas, Virginia, Wisconsin and other locations. Learn more at Navient.com.

NMLS #212430
https://www.nmlsconsumeraccess.org/

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