Cash Operations Analyst

Invictus Capital Partners / Verus Mortgage Capital•Bloomington, MN

About The Position

Verus Mortgage Capital is seeking a detail-oriented and analytical Cash Operating Analyst to support funding operations and cash management activities within the Finance & Accounting team. This role is responsible for funding wholesale origination loans, supporting correspondent funding processes, managing escrow tracking, processing wires, and performing cash reconciliations. The ideal candidate has experience in mortgage funding or cash operations, strong attention to detail, and the ability to manage time-sensitive financial transactions with accuracy and urgency. Responsibilities and Duties: Fund wholesale origination loans in accordance with internal controls and funding timelines. Support the correspondent funding process, ensuring accurate and timely execution. Track and monitor origination escrows, ensuring proper calculation, disbursement, and reconciliation. Process and confirm wires as requested, including validation of wire instructions and compliance with internal procedures. Perform daily and monthly cash reconciliations and other supporting account reconciliations. Monitor cash activity and ensure proper posting and movement of funds. Provide backup support for core Finance and Accounting functions as needed. Assist with ad hoc reporting, research, and special projects. Identify opportunities to improve processes, controls, and operational efficiency. Contribute to the success of the department with willingness to cross train and share in all department Education and Experience: Bachelor’s degree in Finance, Accounting, Business, or related field (or equivalent experience). 1–3 years of experience in mortgage funding, cash operations, treasury, or financial operations. Strong understanding of wholesale and/or correspondent mortgage funding processes. Experience processing wires and handling time-sensitive cash transactions. Advanced proficiency in Microsoft Excel. Strong attention to detail with excellent organizational skills. Ability to manage multiple priorities in a deadline-driven environment. Key Competencies: Analytical & Problem-Solving Skills : Evaluates funding data, cash activity, and reconciliations to identify discrepancies and resolve issues efficiently. Accuracy & Accountability : Executes funding, wires, and reconciliations with precision while taking full ownership of financial accuracy. Urgency & Sound Judgment : Manages time-sensitive cash transactions confidently, ensuring deadlines are met without compromising controls. Collaboration : Works effectively across Finance, Accounting, Operations, and Funding teams to ensure smooth execution of transactions. Professional Communication : Communicates clearly and professionally when coordinating funding activity, resolving discrepancies, or confirming wire instructions. How This Role Demonstrates Our Values: Integrity : Safeguards company funds through disciplined funding controls, accurate reconciliations, and strict adherence to wire validation procedures. Collaboration : Partners with internal stakeholders to ensure seamless funding execution and cash management operations. Excellence : Maintains high standards of accuracy, timeliness, and process improvement within funding and treasury workflows. Critical Curiosity : Proactively identifies process gaps, control enhancements, and efficiency improvements within cash operations. Benefits Great compensation package, including competitive base pay Discretionary annual bonus opportunity Attractive benefits plans and paid time off, including sick time 401(k) with company matching Professional learning and development opportunities Tuition reimbursement And much more! Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship. Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions. All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties. Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person’s race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person’s disability or medical condition.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related field (or equivalent experience).
1–3 years of experience in mortgage funding, cash operations, treasury, or financial operations.
Strong understanding of wholesale and/or correspondent mortgage funding processes.
Experience processing wires and handling time-sensitive cash transactions.
Advanced proficiency in Microsoft Excel.
Strong attention to detail with excellent organizational skills.
Ability to manage multiple priorities in a deadline-driven environment.

Responsibilities

Fund wholesale origination loans in accordance with internal controls and funding timelines.
Support the correspondent funding process, ensuring accurate and timely execution.
Track and monitor origination escrows, ensuring proper calculation, disbursement, and reconciliation.
Process and confirm wires as requested, including validation of wire instructions and compliance with internal procedures.
Perform daily and monthly cash reconciliations and other supporting account reconciliations.
Monitor cash activity and ensure proper posting and movement of funds.
Provide backup support for core Finance and Accounting functions as needed.
Assist with ad hoc reporting, research, and special projects.
Identify opportunities to improve processes, controls, and operational efficiency.
Contribute to the success of the department with willingness to cross train and share in all department