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Payment Processor

Job DescriptionThe Mortgage Payment processor is responsible for the processing and reconciling of all loan payments/payoffs received by Direct Mail, Lockbox, Western Union, ACH and Credit Card. This also includes the non cash removal of loans from the Mortgage loan servicing system.What Will I Be Doing?• Processing Loan Payments ( Direct mail, Lockbox, Western Union, ACH, Aruba and Credit Card)• Processing returned items (NSF Drafts, NSf Checks, NSF Western Union payments, Credit Card Declilnes and Misapplied payments).• Processing refund checks for paid in full loans and overdraft fees.• Processing CC chragebacks, consistis of research and disputing.• Processing change forms for non-cash removal of loans in the Mortgage Servicing system: Cancellations, Defaults, Equity trades, Corrections, Bankruptcies, Recalls, Resale/Repurchases, Reinstatements and Settlements.• Processing and maintaining the CC recurring payments daily file, making sure LSAMS and Payeezy reflect the same amounts.• Prepare wires to move the funds to the correct investor accounts.• Prepare and reconcile the daily cash sheet for Accounting.• Prepare the weekly Deedback report.• Reconciling payment conditions.• Collaborate with accounting to reconcile out of balance conditions in daily work.• Complete special project assigned by Management.Why Team Members Like Working for Us:• Generous earnings package with a base rate with bonus potential.• Outstanding health care options that all employees are eligible for starting day 1 of employment (medical, dental, and vision that encourage preventative care).• Paid Time Off that allows for adventure, self-discovery, relaxation, or recuperation.• Our Go Hilton Team Member Travel Program offers deeply discounted rates at Hilton properties all over the world with 50% off at participating hotel-operated restaurants. Pass the savings on to your family and friends since HGV allows you to share additional discounted room nights.• 401K which HGV will match up to 4% annually• Internal career mobility with a growing company.• Industry-leading training, top notch technology and continuous support.• And so much more!QualificationsWhat We Are Looking For:• High School diploma or equivalent.• 1-2 years mortgage banking, teller, cashiering, bookkeeping.• Knowledge of Bluegreen Investors. Knowledge of 5 items required for check to be negotiable.• Servicing System Knowledge and Loan Servicing Knowledge.• 10-key calculator input and computer system literacy, Excel. Must be detail oriented, strong organizational and data entry skills.We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

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What You Should Know About Payment Processor, Hilton Grand Vacations

Are you ready to take your career to the next level as a Payment Processor with an industry leader based in Boca Raton, FL? In this pivotal role, you'll be at the forefront of analyzing and reconciling loan payments through a variety of channels, including direct mail, Lockbox, Western Union, ACH, and credit card solutions. Your day-to-day responsibilities will involve processing returned items, managing refunds for completed loans, and handling chargebacks that require in-depth research and effective disputing strategies. Collaborating with the accounting team, you'll help reconcile any discrepancies and prepare weekly reports to keep everything in perfect balance. Furthermore, your input will help us maintain a seamless payment processing experience while also handling the non-cash removal of loans in our Mortgage Servicing system. Our commitment to our employees means you’ll enjoy a generous earnings package, outstanding health care benefits from day one, and opportunities for personal growth through our unique Go Hilton Team Member Travel Program. If you're detail-oriented with strong organizational skills and have experience in mortgage banking or bookkeeping, this is your chance to shine at a company that truly values diversity and teamwork. Join us, and let's redefine the payment processing landscape together!

Frequently Asked Questions (FAQs) for Payment Processor Role at Hilton Grand Vacations
What are the primary responsibilities of a Payment Processor at your company?

As a Payment Processor, your main responsibilities include processing various loan payments, handling returned items, and preparing refund checks. You'll also manage chargebacks, maintain accurate financial records, and work closely with the accounting team to resolve any discrepancies to ensure smooth operations.

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What qualifications are needed to become a Payment Processor at your Boca Raton location?

To qualify for the Payment Processor position, applicants should have a high school diploma or equivalent and 1-2 years of experience in mortgage banking, teller operations, cashiering, or bookkeeping. Familiarity with servicing systems and strong data entry skills are essential for success in this role.

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What software or tools do Payment Processors use at your company?

Payment Processors at our company utilize specialized loan servicing systems along with standard office software like Excel. Proficiency in computers and a 10-key calculator is essential for efficiently processing and reconciling payments.

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How does your company support the professional development of Payment Processors?

We invest in our employees' growth by providing industry-leading training, continuous support, and opportunities for internal career mobility. Our Payment Processors are encouraged to pursue skill enhancement and advancement within the company.

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What is the work environment like for Payment Processors at your company?

Our work environment is collaborative and supportive. Team members enjoy a great sense of community, outstanding healthcare benefits from the start, and a culture that values diversity and encourages self-discovery and relaxation through generous paid time off.

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Common Interview Questions for Payment Processor
Can you describe your experience with processing loan payments?

In your answer, provide specific examples of the types of loan payments you've processed in past roles. Highlight your familiarity with different payment channels like ACH and credit cards, and mention any software tools you’ve used.

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How do you handle discrepancies in financial records?

Explain your method for identifying discrepancies and the steps you take to resolve them. Discuss any experience you have collaborating with accounting teams or using software tools for reconciliation.

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What steps do you take to ensure accuracy when entering data?

Share your strategies for maintaining accuracy in data entry, such as double-checking information, utilizing spreadsheets for tracking, or employing automation tools when possible.

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Can you provide an example of a challenging situation in your previous payment processing role?

Describe a specific challenge you faced, how you approached it, and what the outcome was. Make sure to highlight your problem-solving skills and resilience.

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What do you know about our company and its services?

Research the company's products and values beforehand. Show that you understand its mission and how the Payment Processor role contributes to overall success in serving clients effectively.

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How do you prioritize your tasks when managing multiple payment transactions?

Discuss your organizational skills and processes. You can mention how you use tools like to-do lists or manage your time to ensure high priority tasks are completed on schedule.

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What experience do you have with customer service in relation to payment processing?

Detail any customer service experience that ties back to payment processing. Highlight how clear communication and a professional demeanor contributed to customer satisfaction.

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How do you handle stress during busy periods?

Explain your techniques for managing stress, such as taking short breaks, practicing mindfulness, or employing effective time management strategies during peak times.

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What tools or technology do you find essential for your role as a Payment Processor?

Mention any relevant tools you’ve used that facilitate payment processing. This could include loan servicing systems, Excel for data management, or software for managing financial reports.

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Why do you want to work in the payment processing field?

Share your passion for finance and how payment processing fits into your career goals. Explain what excites you about contributing to this area within a reputable company.

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By putting people first, we will ensure Team Members become family, guests become Owners, and Owners become the heart of everything we do.

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Full-time, on-site
DATE POSTED
December 7, 2024

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