Specialist, Cashiering Reverse Servicing
PHH Mortgage

Houston, Texas

Posted in Financial Services


This job has expired.

Job Info


Job Description

The Cashiering Specialist will be responsible for the timely disbursement of Home Equity Line of Credit funds to borrowers when requested or on their regular scheduled dates. In addition, this position will be responsible for timely and accurate posting of any payments received from borrowers to pay down their line of credit or to payback any advances made on their behalf.

Job Functions and Responsibilities
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.

  • Ensure reconciliations are accurate and completed on within investor requirements and correct format, and reconciling items are properly identified, researched, and cleared within 90 days.
  • Individual will be responsible for reconciling a suite of portfolios each month.
  • Will be responsible for working with other parties within Reverse Servicing to clear outages each month.
  • Must complete reconciliations in accordance with expectations set by external and internal standards.
  • Work directly with senior management at Ocwen, Private and GSE investors, master servicers, and trusts.
  • Responsible for reporting to all levels of management within the Investor Services organization at Ocwen and will require excellent written and oral communication and presentation skills.
  • Learn and understand the correct interpretation of servicing agreements
  • Work independently on ad hoc projects and other assignments
  • Multi-task and troubleshoot any issues that arise which may have multiple variables that fall outside stipulated guidelines and work closely within the department and with other Ocwen departments to ensure their prompt and accurate resolution.
  • Act as a liaison and information resource between the Investor Accounting department and the trust or investor to answer questions and assist in the prompt resolution of any questions they may have or forward their inquiries to the appropriate department or individual for assistance
Qualifications
To perform this job successfully, an individual must have the following education and/or experience:
  • High School Diploma / College course work required
  • Mortgage experience a plus.
  • Candidate demonstrates proven attention to detail and excellent communication skills
  • Ability to reason and exercise sound judgment
  • Ability to handle sensitive and confidential information appropriately
Training / Licensing Requirements
Must pass the Company's Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.


This job has expired.

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