Loan Payments Specialist - Precise Cash Reconciliation

ISN; Oklahoma City (OK); On-site; USD 37,000 - 48,000; Full time

Benefits offered by this job

Medical coverage with prescription

Flexible Spending Accounts (FSA)

Disability insurance (short & long‑erm

Life insurance

401(k) retirement plan

Paid time off from day one

Growth and leadership development

Job summary

ISN Corporation is seeking a cash specialist to support HUD loan servicing contracts in a meticulous, compliant manner. You will handle loan payments received by mail and online, ensuring accurate posting and timely reconciliation.

The role emphasizes daily balancing, deposits, and detailed recordkeeping while contributing to process improvements within a collaborative team environment.

Qualifications

• 1-3 years mortgage experience preferred.
• 1+ years payment processing experience preferred.
• Experience balancing daily transactions and/or cash reconciliation.
• Strong attention to detail and accuracy.

Responsibilities

• Look up borrower accounts in the loan servicing system.
• Prep checks for posting, ensuring loan numbers and borrower names are on the checks.
• Post payments and payoffs to the loan servicing system accurately and timely.
• Analyze transaction histories to identify discrepancies.
• Deposit payments via check scanner and OTCnet, the web-based solution used to convert paper checks to electronic payments.
• Balance daily payments posted on the servicing system to the amount deposited via OTCnet.
• Update the internal check tracking system to indicate action taken on each check.
• Process overpayment refunds.
• Process check requests for lien releases.
• Daily tracking and reporting of production activity.
• Prepare certificate of indebtedness (COI) packages; notary duties as needed.
• Assist with special projects and process improvements; maintain compliance with internal controls.

Skills

Mortgage experience

Payment processing

Cash reconciliation

Attention to detail

Education

Associate's or bachelor's degree optional

Job description

ISN Corporation is seeking a cash specialist to support HUD loan servicing contracts in a meticulous, compliant manner. You will handle loan payments received by mail and online, ensuring accurate posting and timely reconciliation.

The role emphasizes daily balancing, deposits, and detailed recordkeeping while contributing to process improvements within a collaborative team environment.