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Escrow Administrator

Escrow Administrator

Spencer Savings BankElmwood Park, NJ, US
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Job Description

Job Description

BASIC FUNCTION

Responsible for ensuring mortgage accounts’ insurance and real estate tax bills are paid in a timely and accurate manner.

MAJOR RESPONSIBILITIES

  • Handles customer escrow issues, analysis and other related escrow issues concerning the portfolio.
  • Receives and records insurance and real estate tax bills. Inputs information to ensure accurate up-to-date system records and provides follow-up as needed.
  • Monitors the handling of notifications of insurance cancellations and assists in resolving such issues as necessary.
  • Ensures that there is a review of system reports and pre-edit listings prior to disbursements.
  • Responsible for performing a tax proof by running totals on town / county, school, village and city tax bills; resolves exceptions as required.
  • Responsible for the escrow disbursement amongst various insurance types within the portfolio.
  • Performs other duties as required.

JOB REQUIREMENTS

Education :

College Degree, or equivalent related business experience.

Experience :

Minimum of 5 years within a loan servicing environment handling real estate taxes and insurance issues.

Knowledge of real estate taxes and / or insurance record keeping and associated regulatory guidelines.

Strong customer service skills required.

Proficiency with various software programs, including Word and Excel spreadsheet applications.

Benefits

  • Holidays
  • Vacation
  • Health / Dental
  • Vision Service Plan
  • Short Term Disability
  • Long Term Disability
  • Life Insurance
  • Flexible Spending Accounts
  • 401k Savings Plan
  • Tuition Reimbursement
  • Employee Assistance Program
  • Free Employee Checking Account
  • Salary Range $50,501.00-$78,105.00 annually

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    Escrow Escrow • Elmwood Park, NJ, US

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