What are the responsibilities and job description for the Loan Servicing Specialist position at Poca Valley Bank?
This position is responsible for the payment of escrowed real estate taxes and insurance for loans, along with completing escrow reports from Director. Responsible for updating navigator for incomplete loans, along with the DMV spreadsheet as mail is processed. Responsible for completing various weekly and monthly reports. Responsible for filing claims for credit life, disability, and GAP Insurance.
Essential Functions
- Sort and process or scan mail.
- Manage all servicing of Escrow loan accounts, including Escrow reports from Director, balance GL, release escrow payments and distribute. Complete other escrow servicing functions as required.
- Payment of taxes and insurance, including force placed insurance. External contacts for updated information as needed.
- Update navigator upon receiving titles from DMV, as well as update spreadsheet, scan and file.
- Manage WNC's weekly reports.
- Monthly worksheet and reports include Minnesota Life, GAP, VSI, WNC.
- File Credit Life, Disability, and GAP claims.
- Review reports and file UCC's.
- Internal customer support and telephone calls relative to responsibilities.
Position Requirements