Rushmore Loan Management Services

  • Business Support, Loan Administration and Cash Management

    Job Locations US-TX-Dallas
    Job ID
    2019-2619
    Category
    Loan Administration
    Type
    Contract
    FLSA Status
    Exempt
  • Company Introduction

    Rushmore Loan Management Services is growing rapidly and expanding our team. We want YOU to be a part of it! If you are a top performer looking for a company that can provide opportunities to grow in your career, Rushmore is the place for you. We offer competitive salaries and a comprehensive benefit package with medical, dental and vision benefits effective Day 1 of employment.

    As a nationwide mortgage servicer licensed in all 50 states with nearly $50 billion in loans being serviced and growing, we offer a dynamic team environment, collaborative culture, and commitment to customer satisfaction.

    Overview

     

    POSITION SUMMARY:

    The Business Support of Loan Administration and Cash Management is responsible for process improvement of payment processing, disbursement and reconciliation units within the Loan Administration cash management department. This position interacts daily with multiple departments within the organization including Collections, Loss Mitigation, and Default management, as well as accounting and vendor representatives.

    Responsibilities

    ESSENTIAL DUTIES AND RESPONSIBILITIES:

    • Work on projects in Cash Management, Special Loans, Investor Reporting, and Financial Transactions Control.
    • Maintain and deliver a high level of productivity, efficiency and accuracy
    • Maintain department policies and procedures (P&P) for cash functions
    • Work with department supervisors and personnel to ensure that all functions in the cash management department are completed in a timely manner and according to policies and procedures
    • Monitor the department’s productivity to ensure that standards are met
    • Work on process improvement in processing mortgage loan payments, liquidation and payoffs, and disbursements in accordance with applicable Agency guidelines and internal procedures
    • Assists in effectively managing payment processing vendors to achieve optimal efficiency and control
    • Helps to oversee daily reconciliation and controls over Payment Clearing Account, posting batches, and MSP System Balancing
    • G/L posting transactions
    • Manage MSP disbursements processing, as assigned
    • Review and research exception or rejected payments
    • Prepare daily accounting and internal reports or forms
    • Work with corporate accounting personnel to ensure efficient flow of operations and achieve highest levels of accuracy and quality
    • Perform all other duties as needed

     

     

    Qualifications

    ESSENTIAL KNOWLEDGE & SKILLS:

    • Has knowledge of commonly used terminology, concepts, practices, and procedures within the mortgage industry.
    • In depth knowledge of MSP, with at least 3 years of recent experience working with MSP
    • Mortgage loan servicing experience is required
    • Mortgage cash operations management experience required
    • Must have previous management/supervisory experience.
    • Experience in process management, bank account reconciliation, and / or organizational development preferred.
    • Ability to meet time deadlines while working under pressure
    • Handle simultaneous tasks and projects in a fast paced environment
    • Good business writing skills
    • Excellent business math skills
    • Excellent follow-up skills
    • Strong computer skills

     

    EDUCATION AND/OR EXPERIENCE:

    • High School Diploma required
    • Bachelor’s Degree preferred
    • Five (+) years of related experience

     

     

    MACHINES, OFFICE EQUIPMENT & SOFTWARE:

    • Proficient with Microsoft Office applications
    • Standard office equipment
    • Check processing equipment

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