Loan Servicing Escrow Specialist - Memphis, United States - Regions Bank

Description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job.

We believe in offering performance-driven individuals a place where they can build a career a place to expect more opportunities.

If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

At Regions, the Loan Servicing Escrow Specialist maintains escrow accounts administered by the loan servicing group.
Primary Responsibilities
Receives and provides escrow analysis in accordance with the Real Estate Settlement Procedures Act (RESPA), Housing and Urban Development (HUD), and Federal Housing Authority (FHA) guidelines
Audits vendors including tax, flood, hazard, and other escrow vendors
Completes escrow processing including timely payment of taxes and insurance, customer statements, and annual analysis
Completes escrow research requests
Monitors and tracks flood insurance for escrowed loans
Applies and enforces compliance/regulatory matters
Communicates with customers to assist with various escrow questions as needed
Investigates and clears outages on general ledger accounts
Ensures accuracy and integrity of escrow trailers on loans
Processes private mortgage insurance (PMI) waivers and payments

This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.

Requirements
High School Diploma or GED
Applicants will be expected to pass any assessment associated with the position

Preferences
One (1) year of loan servicing or related work experience
Skills and Competencies
Data entry and typing skills
Proficient in Microsoft Excel and Word
Strong time management
Strong written and verbal communication skills
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions.

Other factors which directly impact pay for individual associates include:
experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:
$35,568.00 USD


50th Percentile:
$41,515.00 USD


Incentive Pay Plans:
This job is not incentive eligible


Location:
Memphis, Tennessee Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer.

More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure:
Equal Opportunity

Employer/Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting.

Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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