Remote No Phone Work Opportunities for 10/23/2023

Compensation: $23.81 To 28.84 Hourly
CDC Small Business Finance seeks a Payment Processor responsible for setting up and managing financial transactions for the loan portfolio. The individual will also generate monthly reports as needed in relation to payment processing and loan portfolio balances. This position will be a part of the Investor Reporting and Compliance Department supporting the success of the team.
Small Business Lending – Ventures Payment Processing
- Responsible for processing and recording payment accurately, timely and efficiently in Ventures
- Board new loans and post disbursements in Ventures
- Sets up ACH for newly funded loans
- Processes loan payments (ACH NACHA import and manual entry of checks)
- Assists with depositing borrower payments to bank when needed
- Responsible for verifying accuracy of interest calculations for irregular payments
- Processes loan deferments
- Generates and sends monthly billing statements and annual statements to borrowers
- Update ACH information for existing loans in Ventures
- Identify ACH returns and post reversal of payment within Ventures
- Notify Accounting and Collections Teams of rejected payments
- Assist with reconciling cash monthly.
- Remove all paid-off loans from ACH.
- Respond to all payment related questions