Financial Operations Specialist

Equify Financial is a privately owned specialty finance company in Fort Worth, Texas. We provide flexible, collateral-based lending solutions tailored to each client’s needs.

LinkedIn: https://www.linkedin.com/company/equifyfinancialllc/

Website: www.equifyfinancial.com

 Position Summary:
We are seeking a detail-oriented and highly organized Financial Operations Specialist to join our team. In this role, you will be responsible for efficiently executing various aspects of our financial operations including posting payments, processing ACH transactions, and addressing NSF transactions. This role will also be responsible for monitoring syndicated and securitized accounts for compliance, booking new loans, and facilitating loan modifications.

Key Roles / Responsibilities:

• Post payments accurately and on time, ensuring proper allocation and documentation.
• Run ACH transactions and identify accounts not set up for ACH payments, proactively working with stakeholders to facilitate setup.
• Confirm incoming monies received and apply them to the appropriate accounts, verifying accuracy and completeness.
• Process any overpayments or refunds required, ensuring adherence to company policies and guidelines.
• Handle processing insurance checks received for dual-party payments, releasing funds according to established procedures.
• Process and address any NSF (Non-Sufficient Funds) transactions, follow up with customers, and resolve outstanding payment issues, as required.
• Track and proactively follow up on unapplied cash, ensuring accurate and timely application to appropriate accounts.
• Apply the sale of secured assets, removing the assets from the account and making necessary adjustments to the remaining asset value.
• Book newly acquired loans, process draws on revolvers, substitution of collateral, and facilitate modifications to existing deals, ensuring accuracy and documentation.
• Assist in managing syndicated and securitized accounts by monitoring account activity, ensuring compliance with contractual obligations, and coordinating with internal and external stakeholders to support accurate reporting, reconciliation, and cash flow management.
• Handle minor due date changes for dealer-oriented transactions, ensuring proper communication with all parties and recording changes.
• Assist in the invoicing approval process, verifying the accuracy and completeness of invoices before they are issued.
• Assist in audits by providing documentation and supporting materials as needed.
• Develop and maintain documentation of payment processes and procedures.
• Other duties or special projects, as assigned.

 Required Experience, Education, and Qualifications:

•  Bachelor’s degree in finance, accounting, or a related field is preferred.
  • Relevant work experience will be considered in place of a degree.
• At least (2) years of experience in lending operations, focusing on payment processing and account reconciliation. Commercial lending experience is preferred.
• Strong attention to detail, with the ability to accurately manage and process financial transactions.
• Proficient in using financial software and MS Office (Excel, Word, Outlook).
• Knowledge of financial regulations and compliance standards is preferred.
• Excellent organizational and time management skills, with the ability to prioritize tasks and meet deadlines.
• Strong analytical and problem-solving abilities, with a proactive approach to resolving issues.
• Effective written and verbal communication skills to collaborate with internal and external stakeholders.
• Ability to work independently and as part of a team in a fast-paced environment.

Working Conditions:

• Prolonged periods sitting at a desk and working on a computer.
• Must be able to lift 15 pounds at times.
• Positions self to install equipment, including under desks.
• Moves throughout the building to access files.
• Must be able to comprehend and follow written and oral instructions.
• Must be able to complete tasks even with frequent interruptions.
• Must be able to use discretion and independent judgment as needed.
• Must be able to speak clearly on the phone and to fellow workers.

This job description should not be interpreted as an exhaustive list of responsibilities or as an employment agreement between the employer and the employee. The above statements are intended to describe the general nature and level of work being performed by employees assigned to this classification and are subject to change as the needs of the employer and the requirements of the job change. Any essential functions of this position will be evaluated as necessary should an employee/applicant be unable to perform the functions or requirements due to a disability as defined by the Americans with Disabilities Act (ADA). Reasonable accommodation for the specific disability will be made for the employee/applicant when possible.