Loan Servicing Escrow Specialist
2 days ago
We are seeking a Loan Servicing Escrow Specialist in our Loan Servicing department The key functions of this role are to provide accurate and efficient processing/servicing of all Coastal1's mortgage escrow accounts.
Duties and Responsibilities
- Responsible for the payment of taxes and insurance as well as PMI coverage.
- Process escrow disbursements and monthly escrow analysis.
- Review reports/statements associated with escrow accounts.
- Organize the payment of various taxes and insurance for accurate and timely payment.
- Monitor force placed homeowners and flood insurance.
- Process mail in relation to taxes and insurance, both escrowed and non-escrowed.
- Ensure compliance with Coastal1's Bank Secrecy Act/Anti-Money Laundering Policy and related procedures, Member Identification Program, and the Office of Foreign Assets Control screening and record keeping requirements.
- Perform other duties as required.
Qualifications
- Minimum of a high school diploma or equivalent required. Associates degree preferred.
- At least 2 years demonstrated successful experience in a lending position or closely related field experience required.
- PC Proficiency to include Microsoft Office and other banking software.
- Excellent communication skills, both written and verbal. Must understand basic math concepts.
- Ability to manage multiple priorities simultaneously with time management/organizational/multi-tasking skills.
- Must be able to work under pressure and have the ability to meet deadlines.
- Ability to maintain a positive and upbeat Credit Union image.
- Ability to handle confidential information securely.
- Must be capable of accurate and timely performance of duties.
- Ability to work collaboratively across all levels and functions of Coastal1 to coordinate solutions.
- Ability to work independently or as a member of a team.
- Bi-lingual helpful
EOE/M/F/Vet/Disabled
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