Job Title: Loan Payment Coordinator
Job Overview:
Contemporary Staffing Solutions is seeking a Loan Payment Coordinator to join our client to support the accurate processing and reconciliation of mortgage payoff transactions. This individual will play a vital role in managing incoming payments, ensuring loans are paid off accurately, and maintaining compliance with investor and internal standards. The ideal candidate is detail-oriented, highly organized, and thrives in a fast-paced, deadline-driven environment where accuracy and collaboration are key to maintaining financial integrity. This position is onsite in Trenton, NJ and offered as a contract opportunity.
Compensation:
$23 – $26 per hour
Work Schedule:
Monday through Friday, standard business hours
Key Responsibilities of the Loan Payment Coordinator:
Process and reconcile mortgage payoff transactions, ensuring all payments are applied accurately and in compliance with investor and internal servicing standards.
Review, balance, and deposit all payoff-related checks and wire payments, maintaining alignment with general ledger and accounting requirements.
Partner with attorneys, title companies, and borrowers to resolve payoff discrepancies, short funds, or account exceptions in a timely and professional manner.
Monitor and manage daily reports for paid-in-full loans, escrow disbursements, and final escrow refunds to ensure funds are released appropriately.
Collaborate with internal departments such as Investor Reporting, Default, and Payment Processing to maintain seamless coordination across teams.
Support audit and compliance standards by ensuring all documentation, reconciliations, and records are accurate and complete.
Contribute to department projects and assist in training team members on system updates and reporting procedures.
Qualifications and Skills for the Loan Payment Coordinator:
High school diploma or equivalent required; additional education or certifications in finance or accounting are a plus.
2–3 years of recent experience in cash management or payment processing within mortgage servicing.
Strong data entry and computer proficiency, including Microsoft Excel, Word, and Outlook.
Excellent math aptitude, attention to detail, and ability to manage high-volume transactions with precision.
Proven ability to communicate effectively, resolve discrepancies, and work both independently and collaboratively.
Strong organizational and time management skills with the ability to meet deadlines in a fast-paced environment.
Why Join Us?
This is a great opportunity to work within a collaborative financial services team where accuracy, efficiency, and problem-solving are valued daily. You’ll gain hands-on exposure to complex mortgage payoff processes, expand your financial operations skills, and be part of a team that supports professional development and success.
About Us:
Contemporary Staffing Solutions (CSS) is a trusted leader in providing contract, temporary, temp-to-hire, and direct hire staffing solutions. With decades of experience, we’ve grown from a staffing agency to a nationwide provider of workforce management solutions. Our niche recruitment expertise spans Accounting & Finance, Call Center & Office Support, Human Resources, Sales & Marketing, and Information Technology. Explore more about CSS and how we connect great talent with exceptional opportunities by visiting www.ContemporaryStaffing.com.
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