Escrow Specialist II (Temporary)

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

Job summary

Seacoast Bank in Stuart, Mt. Dora, or The Villages, Florida seeks an Escrow Specialist II to process escrow and insurance setup, analysis, maintenance, and disbursements. You will guide associates, document procedures, and resolve issues.

The role emphasizes customer service, compliance, and accurate escrow accounting. Required 2+ years in banking with at least 3 years escrow processing experience; proficient in Word/Excel; high school diploma, some college preferred.

Qualifications

• 2+ years general banking experience.
• At least 3 years of mortgage, commercial and/or consumer loan escrow processing or equivalent.
• Strong PC skills, Word and Excel, or equivalent.

Responsibilities

• Provide high level of customer service to internal and external customers with operational integrity.
• Procurement and payment of lender paid escrowed items (Homeowners Insurance, Property Taxes, PMI, LPMI, FHA, Mortgage Life-Disability-Death Insurance).
• Evaluate loans and perform escrow analysis annually to ensure escrowed loans remain compliant.
• Assist supervisor with quality control to ensure compliance with RESPA, CFPB, state and federal law and investor guidelines.
• Adhere to AML/BSA requirements, operational procedures, audit procedures, risk/control expectations, and security standards.
• Follow Seacoast Bank’s Code of Conduct.

Skills

Customer service

Word

Excel

PC skills

Education

High school diploma

Some college preferred

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.