New

Payment Processing Specialist- Loan Servicing

TEKsystems
$19.00 - $24.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, California, Lake Forest
Mar 12, 2026
Description -Maintain up-to-date loan account balances and amortization schedules following payment activity. -Coordinate with the Loan Servicing, Collections, and Customer Service teams on payment disputes, payment plan adjustments, or account corrections. -Assist with payoff quotes by ensuring payments are accurately reflected prior to payoff calculations. -Support escrow, insurance, or fee adjustments as needed based on payment changes. -Deposits all check payments accurately and in a timely basis. - Applies all payments to the servicing system timely and accurately according to the designated payment distribution. -Performs daily reconciliation of payments from all sources and distributes it within our internal service level agreement. - Applies all lockbox payments to the servicing system. -Reverses and reapplies payments, as needed. -Works with IT to ensure month-end account data is accurate and makes corrections, if needed. - Waives fees according to policy. - Works the unapplied payments queue in the servicing system and ensures payments are applied accordingly. -Sets up recurring payments in the Servicing system. -Retrieves mail and ensures it is distributed to the correct parties. - Processes unwinds, net funds, and loan modifications. -Retrieves mail and ensures it is distributed to the correct parties. - Reviews ACH set up reports to ensure same day ACH payments are processed correctly. - Reviews NSF Fee report to ensure NSF fees are being applied correctly. Skills auto lending, loan servicing, payment processing, multi tasking, mortgage lending, lending, loan processing Top Skills Details auto lending,loan servicing,payment processing Additional Skills & Qualifications 1-3 years of payment processing or loan servicing in the auto finance industry. Auto preferred-- Mortgage would work * Intermediate knowledge of adherence to National Automated Clearing House Association (NACHA) Rules. * Track record of over-achievement. * Familiar with CRM systems and practices. * Ability to multi-task, prioritize and manage time effectively. * Effective communication and organizational skills. * Exceptional attention to detail skills. * High school diploma or equivalent. Experience Level Intermediate Level Job Type & LocationThis is a Contract to Hire position based out of Lake Forest, CA. Pay and BenefitsThe pay range for this position is $19.00 - $24.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace TypeThis is a fully onsite position in Lake Forest,CA. Application DeadlineThis position is anticipated to close on Mar 20, 2026. h4>About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law. About TEKsystems and TEKsystems Global Services We're a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We're a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We're strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We're building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com. The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.