Banesco USA · 7 hours ago
Loan Servicing Specialist
Miami, FL
Full-time
Hybrid
Mid Level
3+ years expBanesco USA is seeking a Loan Servicing Specialist for our Loan Operations unit. The role involves assisting customers and ensuring accurate processing of escrow disbursements and loan servicing tasks, while adhering to regulatory requirements.
BankingFinanceFinancial Services
Responsibilities
Responsible for assisting customers, bank staff, government agencies and insurance agents in inquiries and/or research related to escrow disbursements, loan servicing and insurances
Responsible for assuring proper input of all types of insurances in the Jack Henry system, ensuring required fields are completed, including flood determination information
Responsible for preparing flood expiration notices within the time frame stipulated by regulations
Monitors all insurances via the tickler system and disburse funds for the payment of insurance premiums for the loans in escrow
Responsible for assuring real estate taxes are properly entered when new loans are booked in Jack Henry and the folio numbers with legal description are sent on a timely basis to CoreLogic for accurate tracking
Responsible for processing escrow disbursements and preparing the checks to pay agents and/or insurance companies
Assists in the reconciliation of the flood determination and tax service fee general ledger accounts on a monthly basis
Prepares satisfaction, partial release and UCC on paid-off loans
Responsible to send letters to borrowers informing them of delinquency in taxes
Responsible for reviewing insurance and real estate tax tickler report on a weekly basis to ensure no lapse in coverage or delinquent taxes
Responsible preparing of insurance and real estate tax tickler reports from Cognos on a monthly basis
Responsible to perform escrow disbursements, escrow analysis as needed
Responsible for processing escrow analysis on an annual basis as needed
Responsible for completing annual training program assigned
Responsible for preparing UCC-3 Continuations as needed
Responsible for preparing payoff and partial release letters
Backup for preparing the daily PLC reconciliation
Performs other functions and/or duties as assigned
Qualification
Required
Education: Associate degree or equivalent experience
Experience: Three (3) to Five (5) years of experience in the Banking industry, preferably in loan servicing/operations department
Advance computer skills including but not limited to proficiency in Microsoft Office (Word, Excel, Power Point, etc.)
Knowledge of Participated and Syndicated Loans is required
Knowledge of Jack Henry is required
Must be bilingual in both English and Spanish. Ability to fluently speak, understand, read and write both languages
Strong verbal and written communication skills, ability to communicate at all levels of the organization
Strong attention to detail and accuracy
Ability to multi-task, with strong organization, time-management and prioritizing skills
Customer service skills, ensuring satisfaction of both internal and external customers
Ability to work in a team environment
Knowledge of related State and Federal banking compliance regulations and operational policies
Ability to understand and comprehend instructions, procedures and policies ensuring compliance with the Bank's policies and procedures
Problem solving and analytical skills in order to identify problems
Preferred
Knowledge of Cognos is highly preferred
Benefits
Competitive Salary.
PTO
Hybrid Work Model (remote and on-site work)
Tuition Reimbursement.
Paid Parental Leave
Medical, Dental, Vision
401k
Life Insurance
Supplemental Insurances
Short-Term & Long-Term Disability
Company
Banesco USA
With a proud legacy since 2006, Banesco USA is at the forefront of revolutionizing the banking landscape.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$11.91M2019-01-28Series Unknown· $11.91M
Leadership Team
Calixto (Cali) Garcia-Velez
President & Chief Executive Officer
Michel Vogel
Senior Vice President - Chief Credit Officer
Recent News
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