Talent.com
Payoff Processor II
Payoff Processor IIRPMGlobal • Ewing Township, NJ, US
Payoff Processor II

Payoff Processor II

RPMGlobal • Ewing Township, NJ, US
job_description.job_card.variable_days_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

Location Requirement : Ewing, NJ (Cenlar Office)

Please note that this position is based at our

Ewing, NJ Cenlar location

  • . The role requires

on-site presence for 4 days per week

  • . When applying, kindly ensure that you are
  • local to this site

    and / or able to

    commute reliably

    The Payoff Processor is responsible for analyzing mortgage payments received from borrowers, or third parties, determine whether the payment is sufficient to payoff the mortgage loan balance and apply payoff where applicable. Responsible for depositing checks to the Federal Reserve Bank.

    Responsibilities :

  • Accurately inputs of all data to generate payoff statements in a timely manner according to the requestors instructions, following all pertinent and relative client or investor rules
  • Posts and reconciles payoff transactions received from all sources : checks, wire, branch feeds including GL accounts as instructed by internal departments
  • Collaborates with attorneys / title companies / borrowers to resolve all payoff received that are short funds to pay off the loan
  • Works in tandem with the Investor Reporting department to ensure all special investor remittance requirements are considered
  • Manages the daily suspense activity from system reports for paid in full loans
  • Manages / edits reports of final escrow review before it is released to the borrower
  • Manages / edits reports of activity taking place after a payoff quote has been issued such as tax / insurance disbursement or returned check which requires a revised payoff quote
  • Manages / edits report to release any additional funds still on the loan that are owed to the borrower in addition to the final escrow balance release at payoff
  • Clears outstanding debits and credits in the payment clearing account
  • Coordinates the identification and transfer of receipt of payoff checks and wires to other servicers for loans that have deconverted
  • Facilitates and collaborate with other departments for receipt of payoff proceeds for loans in default and post funds per the instructions of the default departments
  • Monitors and track all work to be processed on the next business due to missing information or conditions on the loan
  • Monitors and track all payoff wires and checks received on loans that have not boarded the system for an incoming client conversion
  • Trains other processors to review and manage system reports to advise borrowers of low balance and maturing loans
  • Balances all system activity and deposit all checks via electronic scanners, reconciling check deposit to system totals.
  • Meets department standards for processing payoffs timely and accurately
  • Assists in the opening and dissemination of mail
  • Works on special projects and any other duties assigned to facilitate the payoff process
  • Consistently complies with all company guidelines
  • Appropriately assess risk when business decisions are made, include but not limited to compliance and operational risk. Demonstrate consideration for Cenlar's reputation as well as our clients, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards
  • Qualifications :

  • High School Degree or GED required
  • 2-3 years of current, related cash experience in all phases of payment processing within mortgage servicing
  • Computer literacy including but not limited to Windows, Excel, Word and Outlook
  • Strong math aptitude essential
  • Data processing experience required, or demonstrated proficiency in data entry
  • Demonstrates initiative and a strong desire for success.
  • Excellent attention to detail
  • Excellent follow-up skills required with the ability to handle mortgagor issues as they relate to the payoff department
  • Excellent written and oral communication skills required
  • Ability to work independently within the guidelines of Cenlar policy and procedure
  • Demonstrated ability to work as a team member in a diverse workforce
  • J-18808-Ljbffr

    serp_jobs.job_alerts.create_a_job

    Processor • Ewing Township, NJ, US

    Job_description.internal_linking.related_jobs
    AD, Payer Insights

    AD, Payer Insights

    Novartis Group Companies • East Hanover, NJ, United States
    serp_jobs.job_card.full_time
    The Insights and Decision Science (IDS) team is dedicated to enabling improved decision making at Novartis by leveraging data and advanced analytics capabilities to generate actionable insights tha...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Condo Loan Processor

    Condo Loan Processor

    VirtualVocations • Elizabeth, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Condo Processor responsible for the accurate and compliant processing of condo and PUD loan files. Key Responsibilities Obtain and review condo and PUD documentation, su...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Medical Claims Processor

    Medical Claims Processor

    VirtualVocations • Hamilton, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Healthcare & Insurance Operations Processing Senior Representative.Key Responsibilities Process professional claim forms and review policies and benefits Ensure co...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Scheduler and Biller

    Scheduler and Biller

    VirtualVocations • Hamilton, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Scheduler / Biller.Key Responsibilities Schedules procedures in appropriate rooms and / or assigned blocks for optimal utilization Notifies staff, referring physicians, ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Special Procedure Technologist - Full-Time, Toms River, NJ

    Special Procedure Technologist - Full-Time, Toms River, NJ

    Community Medical Center • Beachwood, NJ, United States
    serp_jobs.job_card.full_time +1
    Job Title : Special Procedure Technologist.Location : Community Medical Center.Department : Cardiac Catheter Lab.The above reflects the anticipated hourly wage range for this position if hired to work...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Planning and Pricing Processor

    Planning and Pricing Processor

    VirtualVocations • Hamilton, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Planning & Pricing Processor.Key Responsibilities Execute weekly Merchandise Planning reports and monthly Open-to-Buy updates Support monthly pricing cycle and manage ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Client Delivery Analyst II

    Client Delivery Analyst II

    VirtualVocations • Newark, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Client Delivery Analyst II (Statements) - Remote.Key Responsibilities Support the implementation of complex debit and / or credit projects for financial institutions Con...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Certified Coder II

    Certified Coder II

    VirtualVocations • Hamilton, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Divisional Coder II Remote.Key Responsibilities Assign codes to various medical encounters using ICD-10-CM and CPT codes Collaborate with team members to ensure timely...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Pricing and Contracts Analyst

    Pricing and Contracts Analyst

    VirtualVocations • Elizabeth, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Pricing and Contracts Analyst based in Austin, TX.Key Responsibilities : Develop pricing proposals and manage the contract creation process Draft, review, and implement...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Senior Loan Processor

    Senior Loan Processor

    VirtualVocations • Hamilton, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Senior Loan Processor to manage loan processing tasks and ensure compliance with regulations.Key Responsibilities Review and analyze borrower's credit, employment, inco...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Insurance Processor

    Insurance Processor

    NightOwl Consulting • Newark, NJ, US
    serp_jobs.job_card.full_time
    We are seeking a highly detail-oriented and organized Insurance Processor with a focus on Commercial Lines, including Property & Casualty and Health Benefits. In this role, you will be responsible f...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    CSR / Order Processor

    CSR / Order Processor

    Freemen Nutra Group • Edison, NJ, US
    serp_jobs.job_card.full_time
    serp_jobs.filters_job_card.quick_apply
    At Freemen Nutra Group, our diverse portfolio centers around ingredient solutions for the food, beverage, and functional nutrition markets. We are a leading global supplier who integrates the needs ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30
    Loan Processor

    Loan Processor

    VirtualVocations • Philadelphia, Pennsylvania, United States
    serp_jobs.job_card.full_time
    A company is looking for a Loan Processor to manage loan documentation and customer service.Key Responsibilities Review and analyze borrower's credit, employment, income, and assets for underwrit...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Assembly Manufacturing Operator

    Assembly Manufacturing Operator

    Analog Devices • Alpha, MA, United States
    serp_jobs.job_card.permanent
    NASDAQ : ADI ) is a global semiconductor leader that bridges the physical and digital worlds to enable breakthroughs at the Intelligent Edge. ADI combines analog, digital, and software technologie...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Florida Licensed Mortgage Loan Processor

    Florida Licensed Mortgage Loan Processor

    VirtualVocations • Philadelphia, Pennsylvania, United States
    serp_jobs.job_card.full_time
    A company is looking for a Mortgage Loan Processor to manage a pipeline of loans from application to completion.Key Responsibilities Obtain and analyze necessary information to process mortgage a...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Payments Operations Analyst II

    Payments Operations Analyst II

    VirtualVocations • Hamilton, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for an Analyst II, Payments Pricing & Operations.Key Responsibilities Conduct payments pricing analyses and communicate with customers regarding pricing and billing inquiries...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Sr. Expense Processor

    Sr. Expense Processor

    Princeton University • Princeton, NJ, US
    serp_jobs.job_card.full_time +1
    Princeton University's Office of Finance & Treasury seeks a Senior Expense Processor to join the Procurement Operations team. Under the direction of the Manager, Procurement Operations, the Senior E...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Mortgage Loan Processor

    Mortgage Loan Processor

    VirtualVocations • Newark, New Jersey, United States
    serp_jobs.job_card.full_time
    A company is looking for a Mortgage Loan Processor to join their team remotely.Key Responsibilities Manage a pipeline of 40-50 loans per month, including refinances and home equity loans Review ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted