Insurance/Escrow Loan Specialist

RESOURCE BANK RECRUITMENT   Covington, LA   Full-time     Finance
Posted on September 14, 2021
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Position Summary: This position reports to the Credit Officer and is responsible for all aspects of insurance tracking for collateral held by RB, and all escrow transaction processing, loan administration reports, and various other duties listed below.

Essential Functions: • Responsible for verification of insurance on collateral. • Work with insurance companies to obtain current insurance. • Prepare weekly insurance reports from tracking company to account officers. • Force places insurance when needed. • Handles Escrow disbursements for taxes and insurance. • Prepares Annual Escrow Analysis Statements and Short-Year Statements as needed. • Notarize bank documents. • Review various loan administration daily/weekly/monthly reports. • Create or modify memos, spreadsheets, policy or procedure documentation, or similar. • Reviews all loan files for financial exceptions as per Loan Policy. • Prepare monthly Financial Statement Expiration Report. • Performs loan and collateral maintenance as needed. • Assist with workflow of department. • Post information to corporate intranet and assist with keeping data current. • Manage departmental files. • Set up and maintain paper and electronic filing systems for records, correspondence, and other material. • Learn to operate new office technologies as they are developed and implemented. • Operate office equipment such as fax machines, copiers, scanner, and phone systems, and use computers for spreadsheets, word processing, database management, and other applications. • Make copies of correspondence and other printed material. • Answer telephones and give information to callers, take messages or transfer calls to appropriate individuals. • All other duties as assigned.

Back-Up Functions: • Assist with verification of scanned documents. • Scanning loan files and miscellaneous documents. • Constructing loan funding desk. • Process principal payments and returned loan payments. • Coordinate the receipt and approval of departmental bills and submit to Accounting’s system in timely manner.

Skills: • Reading Comprehension - Understanding written sentences and paragraphs in work related documents. • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. • Time Management - Managing one's own time. • Organized – Staying organized is a must. • Speaking - Talking to others to convey information effectively. • Mathematics - Using mathematics to solve problems. • Microsoft – Excel and Word Attributes: • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences. • Written Comprehension - The ability to read and understand information and ideas presented in writing. • Oral Expression - The ability to communicate information and ideas in speaking so others will understand. • Speech Clarity - The ability to speak clearly so others can understand you. • Speech Recognition - The ability to identify and understand the speech of another person. • Written Expression - The ability to communicate information and ideas in writing so others will understand.

Experience and Education: High School Diploma (or GED or High School Equivalence Certificate) and two years of previous insurance/escrow experience is required.

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