Escrow Analyst I - Melville, United States - Servbank

    Servbank
    Servbank Melville, United States

    3 weeks ago

    Default job background
    Description

    Job Description Job Description Description:
    The position is primarily responsible for the timely administration of advanced requirements related to insurance, taxes, and escrow accounts

    About Servbank:
    Founded in 1994, Servbank is a banking institution with local roots and national reach.

    We were built on a foundation of community-orientation, which ensures that no matter who we serve, we do so with the human touch that marks the gold standard of service.

    We work with individuals, businesses, and communities, so that whether youre a student, a homeowner, a small business owner, or a community leader, we can help you fulfill your goals.

    Come create excellence with Servbank.

    Duties and ResponsibilitiesMaintenance of escrow lines in the servicing systemPerforming Escrow Analyses in the servicing systemDetermining root causes for payment changes, overages and shortagesAssist with working all aspects of insurance , tax, escrow analysis and MI/PMIError recognition and troubleshooting.

    Gather data and documents to respond to internal audits.

    Manage assigned pipeline to ensure all items are worked accurately and process in a timely mannerLiaise between all third-party vendors and ensure escalations are responded to timely and accurately.

    Review control reports to ensure compliance with state, regulatory and investor guidelines.
    Complete various audits for the monthly vendor scorecard.
    Read and reference job aidsPre and Post Board Loan Data ReviewVendor Letter Management
    • Content and change managementOther escrow responsibilities and projects as assigned by managementRequirements: Position Qualifications1 2 years of escrow servicing experience in a banking or mortgage company.
    Attention to detail, comfortable working with numbers, and strong Excel skills.
    Ability to create and use Excel spreadsheets while mastering V-Lookup and filter functionality to manage data collected.
    Ability to work independently.
    Excellent listening, organizational, and communication skills.
    Ability to adapt and work in a fast-paced environment.
    Knowledge of escrow functions and workstations in an MSP platform environment.
    Proficient in MS Office Suite
    • Word, Excel, PowerPoint, Outlook.
    Strong experience with mortgage terminology.

    EducationHigh School diploma and/or some collegeEEO Statement:
    Were an equal opportunity employer.

    All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

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