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Escrow Specialist (Beacon Credit Union)
Ref No.: 16-07674
Location: Wabash, Indiana
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