Escrow Specialist (Beacon Credit Union)
Location
Wabash McCarty St. Retail Processing Center 401 McCarty St. Wabash, IN 46992 Role To administer all aspects of the escrow account, including tax, insurance, escrow analysis, and escrow account maintenance in the core system. Major Duties and Responsibilities 20% - Ensures real estate tax, insurance and PMI/MIP payments are paid on a timely basis and premium updates are accurately inputted into the core system. 20% - Ensures the timely completion of all escrow related notifications to members as required by state and federal law, including annual escrow analysis, short year statements and PMI termination letters. Researches escrow disputes from borrowers. 15% - Manages all account maintenance in the servicing system for escrow accounts, including new account set up, deletion, rate updates and account changes. 15% - Works with borrowers and vendors to ensure repair of damages properties in compliance with state and investor regulation. Handles mortgage insurance claims, including ordering property inspections, monitoring repairs and dispersing funds when appropriate. 10% - Monitors the placement of lender-paced homeowners and flood insurance, ensuring timely premium payments. Files claims with the vendor as appropriate. 10% - Researches and pays delinquent taxes. Contacts agencies, vendors, and borrowers when needed. 5% - Completes the imaging of loan documents and other trailing documents for record retention. 5% - Performs other related duties as assigned. Position Qualifications Three to five years of loan, accounting or related experience Associates Degree in a related field Excellent computer knowledge (Word, Excel) Organizational and multi-tasking skills Ability to work independently with little or no supervision Extremely detail-oriented Excellent communication skills (with both internal and external personnel) Ability to foster sound relationships with outside entities Significant level of trust and diplomacy Standard position hours are Monday through Friday, 8:30 a.m. to 5 p.m. Available Benefits Include: - Health, dental and vision insurance - Paid time off - Eligibility to vest into pension plan - 401(k) - Incentive program - Tuition reimbursement - and more! ControlID: 14.234.89 SHR | ||||