Mortgage Loan Receivables Administrator

Position Summary:

The Mortgage Loan Receivables Administrator reports to the Vice President, Cash Management and is responsible for processing and reconciling all funds received by the Corporation. 

Experience:       Cash Management and Mortgage Loan Operations
Position Type:   Full Time/Exempt
Location:           NYC/Financial District

Job Responsibilities:

  • Identify and organize mortgage loan receipts from all sources, including lockboxes, physical checks, internal transfers, and wire transfers
  • Input receivable information into the Benedict and Oracle System, including payoffs & conversions
  • Review any inaccuracies with the Cash Management, Mortgage Servicing and Accounting Departments
  • Reconcile applied and unapplied receipts
  • Prepare reports for Cash Management
  • Work closely with Cash Management, Loan Servicing, and Accounting departments
  • Processing the Corporation’s municipal bond debt service
  • Back up for other department functions, including accounts payable, letter of credit tracking and construction loan advances
  • Index filing of documents in an electronic filing imaging system
  • Assist with improvement initiatives, special projects, and general administrative duties within the Cash Management department.

Required Qualifications:

  • Bachelor’s degree with substantial course work/ credits specific to business operations, accounting, or finance.
  • Minimum of 2-3 years of relevant experience in Cash Management field.
  • Competency in working with numbers and data analysis.
  • Proficiency with Microsoft Office suite, specifically advanced Excel skills.
  • Strong organizational, problem solving, oral and written communication skills
  • Strong teamwork ethic, communication skills with the ability to collaborate internally and externally to resolve discrepancies
  • Strong attention to detail with commitment to accuracy demonstrating organizational skills in a high-volume environment.

Preferred Qualifications:

  • Knowledge of mortgage payments and basic accounting principles.
  • Familiarity with relational databases.
  • Knowledge of the following software programs, a plus:
    • Benedict LOANS!
    • Oracle

Interested applicants may email a cover letter with salary requirements and resume to jobs@nychdc.com or fax to the Human Resources Department at (646) 304-4819.

As of August 2, 2021, all HDC new hires must be vaccinated against the COVID-19 virus, unless they have been granted a reasonable accommodation for religion or disability.

If you are offered employment, this requirement must be met by your date of hire, unless a reasonable accommodation for exemption is received and approved by HDC.

HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits including health benefits, retirement savings and career development programs.

HDC is an Equal Opportunity Employer