Description
Summary:

The Payoff Processing Associate is responsible for the accurate and timely processing of lease and loan contract terminations in accordance with the terms of the relevant payoff quote. This role involves data entry, document verification, data analysis, cash and account reconciliation, and communication with internal and external stakeholders to execute the payoff process.Duties & Responsibilities:

+ Process Payoff Requests: Accurately review, analyze, verify and process payoff termination quotes in the system of record. Ensure that all necessary steps, documentation, and tracking updates are complete and correct.

+ Data Entry: Enter payoff termination quotes into the system while maintaining accuracy and attention to detail.

+ Document Verification: Review and verify documentation related to processed terminations complies with company policies and procedures.

+ Account Reconciliation: Analyze loan and lease...