Payment Specialist I
Job Description
Req ID: 71286
Job Location: Tulsa Tulsa OK
Areas of Interest: Bank Operations; Mortgage Servicing; Payments
Colorado Base Salary Range: Not Available
BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states - Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies
Bonus Type
Discretionary
Summary
Your strength is in paying attention to every detail. This is a collaborative, conscientious, and goal-oriented team with a strong focus on the quality of our work. If you are looking for a job that gives you the opportunity to learn more about the Mortgage industry, then you've come to the right place. We have an exciting opportunity awaiting someone like you as a Payment Specialist!
Job Description
The primary role of a Payment Specialist I is to process, post and deposit payments and returned items received through various payment channels on residential mortgage loan accounts. Specific daily tasks include: reviewing payments, posting exception payments, processing payoffs, processing returned payments, monitoring and managing short payments, generating borrower correspondence, completing reports, completing cash related tasks, and opening tasks for other departments as necessary. In addition, the Specialist works with other departments to ensure that "exception" payments are posted correctly on loans in default, bankruptcy and/or foreclosure. All duties must be performed in accordance with all company and investor guidelines and applicable federal, state and local regulations, including CFPB Servicing Guidelines and Regulation AB
Team Culture
BOK Financial Mortgage is dedicated to being a respected and recognized top Mortgage Lender in our markets, as well as to being the employer of choice for all mortgage professionals. We are committed to our employees, customers, and community partners, and our mission is to deliver the highest quality mortgage experience with integrity, knowledge, and award-winning service.
We treat each other with dignity and respect, value opinions and differences, and talk openly. We give praise, recognize quality work, and pursue excellence. We are a strong team and practice candid communication through our open-door policy. Problems are brought to the surface, and so are solutions; we're receptive to feedback and constructive criticism. We believe in personal and shared accountability.
How You'll Spend Your Time
Education & Experience Requirements
This level of knowledge is normally acquired through completion of high school and 2-3 years' general office experience with at least 1 year general accounting experience or equivalent work related experience
Working Conditions & Physical Requirements
BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!
Apply today and take the first step towards your next career opportunity!
If you are interested in a career with BOK Financial text "BOKF" to 25000 to engage with Olivia our virtual recruiting assistant.
BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
Please contact [email protected] with any questions.
Job Location: Tulsa Tulsa OK
Areas of Interest: Bank Operations; Mortgage Servicing; Payments
Colorado Base Salary Range: Not Available
BOK Financial (BOKF), Headquartered in Tulsa, Oklahoma, BOK Financial Corporation (NASDAQ: BOKF) is a top 25 U.S.-based financial services holding company with operations in ten states - Oklahoma, Texas, Arkansas, Arizona, Colorado, Kansas/Missouri, New Mexico, Nebraska and Wisconsin. The company began more than 100 years ago in Tulsa and has successfully diversified into a variety of industries, businesses and geographies
Bonus Type
Discretionary
Summary
Your strength is in paying attention to every detail. This is a collaborative, conscientious, and goal-oriented team with a strong focus on the quality of our work. If you are looking for a job that gives you the opportunity to learn more about the Mortgage industry, then you've come to the right place. We have an exciting opportunity awaiting someone like you as a Payment Specialist!
Job Description
The primary role of a Payment Specialist I is to process, post and deposit payments and returned items received through various payment channels on residential mortgage loan accounts. Specific daily tasks include: reviewing payments, posting exception payments, processing payoffs, processing returned payments, monitoring and managing short payments, generating borrower correspondence, completing reports, completing cash related tasks, and opening tasks for other departments as necessary. In addition, the Specialist works with other departments to ensure that "exception" payments are posted correctly on loans in default, bankruptcy and/or foreclosure. All duties must be performed in accordance with all company and investor guidelines and applicable federal, state and local regulations, including CFPB Servicing Guidelines and Regulation AB
Team Culture
BOK Financial Mortgage is dedicated to being a respected and recognized top Mortgage Lender in our markets, as well as to being the employer of choice for all mortgage professionals. We are committed to our employees, customers, and community partners, and our mission is to deliver the highest quality mortgage experience with integrity, knowledge, and award-winning service.
We treat each other with dignity and respect, value opinions and differences, and talk openly. We give praise, recognize quality work, and pursue excellence. We are a strong team and practice candid communication through our open-door policy. Problems are brought to the surface, and so are solutions; we're receptive to feedback and constructive criticism. We believe in personal and shared accountability.
How You'll Spend Your Time
- Reviewing payments and positing exception payments.
- Processing payoffs and returned payments while also monitoring and managing short payments.
- Generating borrower correspondence.
- Reporting and cash related tasks.
Education & Experience Requirements
This level of knowledge is normally acquired through completion of high school and 2-3 years' general office experience with at least 1 year general accounting experience or equivalent work related experience
Working Conditions & Physical Requirements
BOK Financial is a stable and financially strong organization that provides excellent training and development to support building the long term careers of our employees. With passion, skill and partnership you can make an impact on the success of the bank, our customers and your own career!
Apply today and take the first step towards your next career opportunity!
If you are interested in a career with BOK Financial text "BOKF" to 25000 to engage with Olivia our virtual recruiting assistant.
BOK Financial is an equal opportunity employer. We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation, genetic information or veteran status.
Please contact [email protected] with any questions.
Date Posted
09/20/2022
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Subjectivity Score: 0.8