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Responsibilities
Reconcile all payments received vs. posted to ensure all payments are processed in accordance with Reg AB requirements. Partner with internal stakeholders to resolve outages.
Actively manage and seek resolution for payments held in suspense.
Execute outgoing wires requests from Closing, Insurance, Tax, Loan Operations and Investor reporting teams.
Initiate ACH payments and process incoming Insurance Loss checks.
Review documentation received with each request to ensure information is complete and required signatures are included, set wire up in wire system, assist with execution of book transfers.
Maintain reporting on payments billed and not received.
Provide a population of payments not received to the Asset Management team for borrower follow-up.
Assist in initial and ongoing review of departmental procedures.
Participate in planning, testing and implementing projects aimed to streamline and or automate manual tasks.
Assist and coordinate on various projects, including technology-based, data integrity, remediation, and efficiency-enhancing.
Basic Qualifications
Bachelor’s Degree or Military Experience
At least 2 years of Commercial Banking or Loan Operations experience
Preferred Qualifications
3+ years of Commercial Bank Operations, Loan Servicing, Risk, Compliance or Government Sponsored Entities (GSE) experience
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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