Investor Accounting Specialist - Payment Control

Payment Processing Specialist

Location : 11501 Outlook Street - Overland Park, Kansas 66211

Job Description

Under the direction of the Payment Control Supervisor, the person in this position is responsible for the timely processing of all incoming cash, non-cash, advances, expenses, disbursements, emails, payoffs, write offs, reallocations, late charge waivers, waterfall, and balance to book of record, strategy, daily.

Essential Job Functions

• Requires proactive communication with internal clients [Account Managers, Tax / Ins groups, Special & Sub Servicing groups] & external clients [Insurance & Tax Companies, Sub-servicer & other Banks]
• Identify & Process borrowers' payments as directed by servicing standards & agreements
• Research, Identify, Deposit & process live checks sent directly to Overland Park Office
• Research, Identify & Process payments rejected by external lockbox facility
• Process All Payment Reversals, Returns & NSFs :

Payment Reversals as directed by Account Managers

Request posting instruction for incoming funds, research, identify and communication with internal teams

Set up new vendors, requires review and understanding of W9 / W8 tax forms

Marginal or Peripheral Functions

Required Skills

Preferred Qualifications

Compensation and Benefits

This position is eligible to earn a base hourly rate in the range of $20.19 - $30.77 per hour. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes incentive compensation subject to individual and company performance. For a list of benefits for which this position is eligible, please visit the KeyCorp website.

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law. Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.