Spencer Savings Bank · 5 months ago
Escrow Administrator
HQ Elmwood Park, Elmwood Park, NJ, US
Full-time
Onsite
Senior Level
$51K/yr - $78K/yr
5+ years expSpencer Savings Bank is seeking an Escrow Administrator to ensure timely and accurate payment of mortgage accounts’ insurance and real estate tax bills. The role involves handling customer escrow issues, maintaining system records, and resolving any related issues.
Banking
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
Qualification
Required
College Degree, or equivalent related business 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
Company
Spencer Savings Bank
Spencer Savings Bank is a leading New Jersey-based community bank headquartered in Elmwood Park, N.J.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jane Allerman-Rey
President and Chief Operating Officer
George Celentano
EVP, Chief Retail Officer
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