Banking Specialist
1 week ago
Job Summary :
Administer escrow accounts, including balancing accounts to ensure accuracy of disbursements; prepares payments and reports.
Essential Duties and Responsibilities
- Prepare wires (set up and approvals) in the banks websites for delivery as set up in each file by the closing teams.
- Pull hourly reports from each bank site to ensure incoming wires are as timely posted in each file needed in the company production system.
- Resolves outstanding check issues utilizing online research and communication by email and phone.
- Print and mail checks to payees and include any required documentation needed.
- Balance escrow accounts as needed when engaged by Recon department to review if any discrepancies are found.
- Review loan information to ensure accuracy of disbursements.
- Internal transfer of escrow funds to facilitate online document recordings
- Perform other duties as assigned by management.
Minimum Education & Experience Requirements:
- Bachelor’s degree in related field or equivalent work experience.
- 1 + year of relevant industry experience.
- Exposure to Escrow Closings on a National basis.
- Experience with RamQuest closing operations system and all integration systems is preferred.
Knowledge, Skill, and Ability Requirements:
- Ability to read and interpret documents such as underwriting guideline matrix, lender’s instructions, trust agreements, and purchase contracts.
- Ability to follow all company procedures and policies including meeting the company customer service expectations.
- Excellent written and verbal communication skills.
- Strong analytical and problem-solving skills.
- High-level customer service and relationship management skills.
- Ability to productively interact with peers, customers, and management.
- Mathematical acumen to analyze complex equations.
- Strong time management, organizational, and planning skills, with strong attention to detail.
- Proficiency in MS Office Suite.
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