What are the responsibilities and job description for the Associate, Cash Processing position at Trimont?
Overview:
Founded in 1988 and headquartered in Atlanta, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit.
We do this with a team of 400 extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.
Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.
Learn: We believe ongoing learning is critical and are focused on providing a work environment where individuals can take ownership of their careers.
Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.
Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what you as an individual, and we as an organization, can achieve together.
Job Summary:
The Credit Administration is looking for a Associate, Cash Processing to become part of the Cash Teams. This role involves assisting with the identification of incoming funds and cash processing. The Associate will handle a varied portfolio of commercial real estate loans and joint venture equity assets. Collaborating with internal departments, the Associate, Cash Processing will focus on delivering impactful results.
Responsibilities:
- Conduct thorough examinations and investigations of incoming checks and wire transactions.
- Analyze hold codes and outstanding balances within Strategy.
- Accurately apply and record daily cash receipts from checks and wire transfers into the Strategy system.
- Inform Account Managers or Financial Advisors via email for posting directives when Strategy indicates zero balances due.
- Finalize and close workflows within the file system, Documentum, following the processing of funds.
- Diligently check Strategy entries for discrepancies and prepare the daily batch of Strategy transactions at the close of business.
- Operate autonomously and efficiently, serving as a knowledgeable asset for the Associate Director of the department, Asset Management, and clients.
- Facilitate the gathering of W-9 forms from all new vendors before initiating their setup.
- Enter miscellaneous vendors into Strategy for payment processing via vouchers and sweeps.
- Ensure W-9 forms are uploaded to Documentum during vendor setup or by the end of the business day at the latest.
- Examine and resolve all work orders that necessitate the creation of new vendors through the Strategy Portal application.
Required Qualifications:
- Bachelor’s degree in accounting or related field
- 1-3 years of experience in commercial real estate or accounting.
- Proficient in Microsoft Excel and Outlook.
- Demonstrated proficiency in communication skills, both written and verbal.
- Comprehension of loan documentation and capital arrangements relevant to client cash postings.
- Ability to work autonomously.
- Ability to collaborate with various departments within the company's structure.
Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.
