Cash Operations Analyst

Job Description

JOB SUMMARY

Responsible for performing a variety of routine and non-routine cash operations functions including corresponding with internal clients and offshore resources.

ESSENTIAL DUTIES AND RESPONSIBILITES

Balances and reconciles various cash and depository accounts. Researches and recommends actions to resolve discrepancies.

Performs system reconciliation of funds application and subsequent distribution to appropriate bank accounts.

Develops and monitors processes for draw requests, check disbursement and stop pay requests. Identifies and implements process improvements and cost saving initiatives.

Prepares recurring and non-recurring wire and ACH transfers, ensuring timely and accurate fund transfers.

Responsible for timely and accurate transmission of PAT/ACH data files to the appropriate banks.

Responsible for daily check disbursements and processing of stop payment requests.

Subject matter expert for all cash functions outsourced to offshore resources located in India. Ensures business service level agreements are met.

Clearance of loan level data exception items in accordance with data integrity requirements.

Supports business exception processing requests. Includes clearance of suspense, payoffs, liquidations and requested loan level file maintenance.

Researches account and transaction records to respond to internal and external audit requests.

Other duties as assigned.

SUPERVISORY RESPONSIBILITIES

No formal supervisory responsibilities in this position.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION and EXPERIENCE

High School diploma or General Education Degree (GED) required. Bachelor's degree from a four-year college or university and/or a minimum of 2 years related experience. Previous Experience in mortgage loan servicing preferred.

CERTIFICATES and/or LICENSES

None.

COMMUNICATION SKILLS

Ability to comprehend and interpret instructions, short correspondence, and memos and ask clarifying questions to ensure understanding. Ability to write routine reports and correspondence. Ability to respond to common inquiries or complaints from clients, co-workers, and/or supervisor. Ability to effectively present information to an internal department and/or large groups of employees.

FINANCIAL KNOWLEDGE

Requires basic knowledge of financial terms and principles. Ability to calculate simple figures such as percentages.

REASONING ABILITY

Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires basic analytical skills.

OTHER SKILLS and ABILITIES

Intermediate experience in Microsoft Office Suite applications including: Word, PowerPoint, Excel, Outlook, etc. Intermediate level Excel experience required. Must have a basic understanding of pivot tables, using functions, writing formulas, etc..

SCOPE OF RESPONSIBILITY

Decisions made with general understanding of procedures and company policies to achieve set results and deadlines. Errors in judgment may cause short-term impact to co-workers and supervisor.

CBRE is an equal opportunity/affirmative action employer with a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

CBRE is an equal opportunity/affirmative action employer with a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

NOTE: An additional requirement for this role is the ability to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing.