Treasury Specialist - Wire Reconciliation

Treasury Specialist - Wire Reconciliation

Join to apply for the Treasury Specialist - Wire Reconciliation role at Vanderbilt Mortgage and Finance, Inc

4 days ago Be among the first 25 applicants

At Vanderbilt Mortgage, we believe home ownership makes lives better. For over 50 years, we’ve been committed to making home ownership more attainable for families across the country by providing mortgage solutions that unlock the freedom of home. As a national housing lender, we specialize in financing new and pre‑owned manufactured and modular homes. With a diverse range of loan products, a reputation for world‑class customer service and a coast‑to‑coast presence, Vanderbilt continues to be a leader in the industry.

Our strength is our people—which is why we prioritize investing in our Team Members through opportunities for growth, a healthy work‑life balance, and meaningful recognition of their contributions. Whether just starting out or bringing years of experience, Vanderbilt empowers our Team Members with the tools and training to build a successful career and reach their full potential.

POSITION TITLE: Treasury Specialist – Wire Recs (Non – LO – No Consumer Contact)

JOB STATUS: Full‑Time/Salary

DEPARTMENT: Accounting & Finance

REPORTS TO: Accounting Supervisor - Treasury

TRAVEL REQUIRED: None

WORK SCHEDULE: Hybrid- 2 days in the office/ 3 days remote

Pay: The expected hiring range for this position is from $24.51 to $30.64 plus additional bonus opportunity. The stated hiring range is based on experience, qualifications, and other relevant factors. Final compensation decisions will take into account a variety of considerations, including individual skills, internal equity, and organizational needs.

The Treasury Specialist is responsible for overseeing daily cash processes, corporate cash transfers, and Automated Clearing House (ACH) control processes. This position reports to the Accounting Supervisory – Treasury and tracks account balances, submits remittances, performs audits, and ensures accurate daily cash transfers. Additionally, the Treasury Specialist reconciles bank accounts, assists with accounting reconciliations, validates wire instructions, collaborates with Treasury Analysts on wire transfers, manages various journal entries, Silverton suppliers and closing calendar, ensuring loan closings proceed smoothly.

The Treasury Specialist maintains communication with Corporate Treasury, Vendor Relations, and closing attorneys to facilitate financial transactions and updates supplier information as needed.

• Daily Cash Process
• Determines account balances and remits payments for Housing & Urban Development, Loan Restructuring, Construction Permanent Appraisals, Rate Locks, Federal & Government National Mortgage Associations (FNMA & GNMA), Federal Home Loan Mortgage Corporation (FHLMC), Oakwood, Associates, Access, and First Merit, & Louisiana Mortgage Claims.
• Completes additional cash adjustments provided by Investor Reporting Group.
• Tracks Silverton and State escrow balances and submits corresponding Automated Clearing House (ACH) payments.
• Performs daily and weekly audits on accounts to ensure balances are accurate.
• Makes corresponding wire and ACH payments to investors & submits daily journal entries.
• Communicates with Corporate Treasury to notify of transfer amounts needed to complete daily cash transfers.
• Submits the Daily Cash journal entry in accounting system for transfers.
• Silverton Wires & Closing Calendar
• Reviews Silverton loans in Loan Origination System (LOS) to confirm wire information provided for loan closings is acceptable.
• Verifies the accuracy of wiring information by cross-referencing the confirmed attorney list.
• Ensures recent verification with closing attorneys.
• Initiates re-verification calls if necessary.
• Updates Accounting System with the verified wiring details corresponding to upcoming transactions.
• Maintains a comprehensive closing calendar log to guarantee Silverton suppliers are active, ensuring timely execution of loan closings as scheduled.
• Collaborates with Treasury Analysts and Silverton Mortgage team to address and resolve any flowback issues encountered…