Cash Operations Analyst (Houston)

Job Description

About the role:

As a CBRE Cash Operations Analyst, you will be responsible for performing a variety of routine and non-routine cash operations functions including corresponding with internal clients and offshore resources.

What you'll do:

• Balance and reconcile various cash and depository accounts. Research and recommend actions to resolve discrepancies.
• Perform system reconciliation of funds application and subsequent distribution to appropriate bank accounts.
• Develop and monitor processes for draw requests, check disbursement and stop pay requests. Identify and implement process improvements and cost saving initiatives.
• Prepare 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.
• Support business exception processing requests. Includes clearance of suspense, payoffs, liquidations and requested loan level file maintenance.
• Researche account and transaction records to respond to internal and external audit requests.
• No formal supervisory responsibilities in this position.

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.

What you'll need:

• 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. In lieu of a degree, a combination of experience and education will be considered.
• 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.
• Requires basic knowledge of financial terms and principles. Ability to calculate simple figures such as percentages.
• Ability to understand and carry out general instructions in standard situations. Ability to solve problems in standard situations. Requires basic analytical skills.
• 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..
• 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.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

CBRE is an equal opportunity employer that values diversity. We have 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. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).

NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.