Invoice Approval Associate
midfirst bankOklahoma City (OK)
About the role
Midland Mortgage Invoice Approval Position Midland Mortgage, a division of MidFirst Bank, is one of the most successful home mortgage servicers in the country. We focus on quality and creating winning teams to execute our mission to be the top performing financial institution in the markets we serve. We are looking for an individual that will share in our passion for this mission. The Invoice Approval Department is primarily responsible for reviewing and decisioning invoices submitted for payment by vendors used in the course of servicing mortgage loans. The Department analyzes each expense to determine whether the item meets all required criteria for payment. From time to time, Invoice Approval associates may work with outside vendors including attorneys, utility companies, and municipalities. Associates in the Invoice Approval department learn about many different aspects of mortgage servicing and will also have opportunities to learn about processes in other default departments. Your work will help our team to execute the department mission to minimize losses by maximizing recoveries.
Responsibilities include:
- Review and analyze submitted expenses for payment. This includes determining whether those payments can be assessed to loans.
- Gathering and evaluating whether supporting documentation is sufficient based on Insurer and Investor regulations or other applicable guidelines; this involves working and resolving various exceptions identified through the invoicing application
- Participating in annual systems testing to ensure all automated processes within the department function with new software releases
- Participating in ad hoc projects as required for maintaining and updating current processes
- Working with outside vendors to obtain supporting documentation for invoices, as needed.
Position Requirements:
Candidates must possess experience in a related office environment, working with detailed documents, navigating multiple computer applications throughout the day, with demonstrated success meeting deadlines to be considered. Competency with MS Excel is also required.
Additionally, candidates must demonstrate:
- Strong analytical problem-solving skills
- Proficient math skills
- Effective time management and ability to meet deadlines
- Strong oral/written communication
- Strong organization skills
- Ability to work independently
Prior experience (home or work) working with multiple computer monitors is preferred, as the position requires navigating multiple monitors and applications.
Required Skills: Intermediate Microsoft Excel
Required Education: High School or better.
Required Experience:
Experience in a related office environment, working with detailed documents, navigating multiple computer applications throughout the day. Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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