Escrow Specialist

Seacoast Bank Careers; The Villages (FL); On-site; USD 45,000 - 65,000; Full time

Job summary

Seacoast Bank Careers is seeking an Escrow Specialist II in Florida to handle escrow and related insurance setup, analysis, maintenance, and disbursements. You will guide teammates, document procedures, and resolve issues.

The role requires 2+ years banking experience with at least 3 years in escrow processing, and strong PC skills (Word/Excel). The position emphasizes customer service and regulatory compliance within banking standards.

Qualifications

• 2+ years general banking experience required.
• At least 3 years of mortgage, commercial and/or consumer loan escrow processing experience preferred.
• Strong PC skills with ability to transfer skills to other software programs.

Responsibilities

• Provide high level customer service to internal and external customers with operational integrity.
• Procure and pay lender-paid escrowed items (insurance, taxes, PMI, FHA, etc.) before due dates to avoid penalties.
• Perform escrow analysis annually and on request to ensure compliance of escrowed loans.
• Support supervisor with quality control and ensure compliance with RESPA, CFPB, state/federal law and investor guidelines.
• Ensure adherence to AML/BSA, risk controls, and bank procedures; follow Code of Conduct.

Skills

Customer service

Escrow processing

MS Word

MS Excel

Education

High school diploma

Some college

Tools

Word

Excel

Job description

Location: Stuart, Mt. Dora or The Villages in Florida.

JOB SUMMARY:

An Escrow Specialist II processes most escrow and insurance setup, analysis, maintenance, and disbursements. The specialist provides guidance to other associates, documents procedures, researches and corrects issues.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• The Escrow Specialist position is accountable for providing high level of customer service to internal and external customers with operational integrity.
• Primary responsibilities include procurement and payment of assigned lender paid escrowed items, including Homeowners Insurance, Property Taxes, PMI, LPMI, FHA, Mortgage Life-disability-accidental death Insurance prior to their due date avoiding any and all penalties and interest.
• Evaluates loans and performs escrow analysis both when requested and annually to ensure all escrowed loans remain compliant. This position will work under the direct supervision of the Assistant Loan Operations Manager.
• Assists supervisor with performing quality control on processes and work to ensure compliance with RESPA, CFPB, state and federal law and investor guidelines that relate to escrow tax, flood and forced placed insurance requirements and PMI regulations.
• Ensure adherence to AML/BSA requirements, operational procedures, audit procedures, risk/control expectations, dual control, security, Business Continuity, and all other regulated banking requirements.
• Adhere to Seacoast Bank’s Code of Conduct.

EDUCATION and/or EXPERIENCE:

• High school graduate, some college preferred.
• 2+ years general banking experience, including at least 3 years of experience in mortgage, commercial and/or consumer loan escrow processing or equivalent.
• Possess strong PC skills, Word, and Excel, or equivalent. Ability to transfer skills to other software programs.

The Statements above are intended to describe the general nature and level of work being performed by people assigned to this position. They are not intended to be an exhaustive list of responsibilities, duties, and skills. Because these statements are general, the job description is used for a variety of purposes including job evaluations; performance reviews; recruitment; etc. All Associates are required to adhere to the highest legal and ethical standards applicable to our industry. It is the policy of Seacoast Bank that all Associates will be familiar and compliant with all regulatory, legal, ethical and Bank risk mitigation requirements pertaining to both our industry and their individual roles. This includes the on time, successful completion of annual required training post-hire and effective execution of role responsibilities.

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