LERETA, LLC

Payment Correspondence Processor I

Posted: 6 hours ago

Job Description

Job DetailsDescriptionThe Payment & Correspondence Processor I supports the main responsibilities of the Bill Acquisition & Payment Teams by responding to outgoing manual bill requests to taxing authorities, reviewing and keying of tax amounts for reporting to LERETA customers, review of incoming mail to support the Outsourcing Teams, and balancing the funds received for timely and accurate payment remittance.Essential Functions:Prepare outgoing Bill Request and Registrations to taxing authoritiesOpen incoming mail from taxing authorities and route to appropriate processAuthenticate all tax bills received and confirm correct taxing authority mailing address, phone number, contact information and due dates.Utilize 10-Key tax amounts into LERETA’s TCSL (Tax C Service Search Listing) SystemImage and index customer documents for proper uploading to LERETA’s WebXtender SystemOutsource Mail distribution according to Lender approved Mail matrix. In some cases, interact with Lender Servicing systems; MSP, FiServ, Mortgage SERV, LSAMS, etc.Cash Management - Expedite the identification of incoming electronic funds and lender checks to Key Check details into Payment DB for mass paymentsBalance Sheet - balance funds for mass payments to taxing authorities in conjunction with ELD (Economic Loss Date) to ensure timely remittance. Review daily cash flow, to ensure account reconciliation prior to remittance of funds to the taxing authorityAnalyze prioritization of work and projects by creating, manipulating, and utilizing excel spreadsheetsFile and pull necessary tax bills for Payment processing to prepare. Bill Match necessary bills to payment listings for clean organized payment packages to the taxing authoritiesEvaluate position of funds in-house against various SLA’s to determine best processing path supporting team goals and customer expectationsUtilize internal controls such as internal DCP (Daily Cash Position) report to monitor funds payable to LERETAInitiate and prepare timely and accurate Electronic Funds Transfers to various taxing authoritiesUpload payment file details to Taxing Authorities Vendor Websites (Auto Agent, GovTech, and Grant Street) and ensure that procedures and policies are followed for excess funds during uploadSpeak to LERETA’s mortgage lenders and taxing authoritiesRespond to mortgage lenders and taxing authorities by utilizing effective verbal and written communication in a prompt and accurate mannerProvide details of quality issues found throughout process to immediate Team Lead or SupervisorAccurately prepare production/statistical reports as applicableAssist with training of fellow team membersSALARY RANGE $16.02 - $20.00Requirements:Must be able to type 45+ wpmMust be able to use 10 key by touch; 7k or above with 98% accuracyMust be a team player and have the ability to work in a team environmentPossess effective communication skills, both written and verbalAbility to work in a fast-paced and high stress environmentRequired Education:High School Diploma or equivalentPreferred Education & Experience:Basic Knowledge of Real Estate Tax Servicing

Job Application Tips

  • Tailor your resume to highlight relevant experience for this position
  • Write a compelling cover letter that addresses the specific requirements
  • Research the company culture and values before applying
  • Prepare examples of your work that demonstrate your skills
  • Follow up on your application after a reasonable time period

You May Also Be Interested In