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Loan Operations Escrow Specialist
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$25 - $28 an hour
Full-time
- Under the direction of the VP - Loan Operations Manager this role will be responsible for all duties related to the timely monitoring and payments of all escrow related items including hazard mortgage insurance, flood insurance and Real Estate Taxes for all commercial, residential, construction, home equity and consumer loan accounts in accordance with loan documents and appropriate regulations.
- Manage our insurance vendor provider (Miniter) and RE Tax vendor (Corelogic) including research and rectifying insurance and RE tax related items Miniter and Corelogic reports, working through exceptions, cancellations, changes in policy etc.
- Responsible for tracking and disbursing payments for all collecting escrows for hazard insurance, flood insurance, forced placed insurance and in the residential and commercial loan portfolio.
- Maintain FIS system relating to escrowing for insurance and taxes
- Monitor pending force placed insurance reports and manage monthly remittance process
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