Senior Escrow Specialist (Full Time) - Plano Ops

PROSPERITY BANK • Plano, TX

just now

About The Position

Responsible for oversight of 3rd party insurance and tax vendor and all tasks surrounding escrow

Requirements

• High School Diploma, GED or Equivalent.
• Minimum 3 years consumer and commercial loan experience required.
• Must possess very detailed organizational skills and the ability to multi-task job duties.
• Ability to read, interpret, and respond professionally to internal and external customer correspondence. Ability to speak effectively and clearly in response to internal and external customer requests and inquiries.
• Ability to calculate figures and amounts, such as discounts, interest, commissions, and percentages. Must possess the ability to apply basic concepts of algebra.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Nice To Haves

• Associates degree or equivalent from college a plus.

Responsibilities

• Sets up escrow buckets for all consumer and commercial loans in the Core system
• Provides oversight of 3rd party insurance and tax vendor
• Reviews and clears any exception items received by vendors
• Review coming due and exception reports
• Completes review of letters the tax and insurance vendors sends.
• Performs yearly escrow analysis and ensures analysis is completed within RESPA guidelines
• Reviews and validates all overages and shortages on escrow analysis
• Ensures all escrow overages are mailed within RESPA guidelines
• Completes research on any requests sent by the branches, call center or other internal departments
• Researches and responds to all inquiries received through the Escrow Mailbox
• Pays all premiums associates with insurance, tax or PMI invoices
• Reviews loan balances monthly to ensure PMI is removed per FHA and CFPB guidelines
• Responsible for the endorsements, monitoring of repairs and inspections for Loss Drafts accounts
• Research and resolution for tax suits received.
• All other tasks as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees