ML Cash Specialist

BancorpSouth
Tupelo, MS Full Time
POSTED ON 12/19/2022 CLOSED ON 3/15/2023

What are the responsibilities and job description for the ML Cash Specialist position at BancorpSouth?

There are many things to consider when deciding on your next employer. Do you want a job where you earn a paycheck? Or do you want a CAREER with a company that values their employees as well as the communities that they are in? At Cadence Bank, we are more than just a workplace. We are a company that prides itself on values and the people that we employ. Start your search for a career with our company!

Primary Purpose:

The Payment Posting Clerk will support the Mortgage Servicing Department for all cashier and payment-related functions. The main duties will include processing incoming customer payments, rejected payments from lockbox, branch posted payments and any other payment related research and reporting.


Principle Duties and Responsibilities:


Reporting to the Investor Reporting Manager, the Payment Posting Clerk will be responsible but not limited to:


  • Review and post customer's mortgage payments
  • Review any rejected payment and conduct necessary research to ensure payments are posted in

a timely manner

  • Prepare any necessary checks, electronic transfers, and payments that may be needed in the

payment posting or reconciliation process

  • Prepare and post journal entries and transaction batches
  • Reconcile bank, investor, and other control accounts to sub-ledgers
  • Maintain various accounting schedules
  • Ensure proper documentation and filing for internal control and audit purposes
  • Assist in month-end and year-end close

Job Specifications:


  • High School Diploma (Some colleges preferred)
  • Two to three years of experience in payment posting and reconciliation
  • Knowledge of general accounting procedures and internal controls
  • Experience working with a large volume of data and use of spreadsheets
  • Ability to meet tight deadlines and work well under pressure
  • Strong organizational skills, time management, and attention to detail
  • Eligible to work overtime as needed

Disclaimer The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.


Bancorp South is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information, or any other status protected under applicable local, state or federal nondiscrimination laws.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information, or any other status protected under applicable local, state or federal nondiscrimination laws.

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