This job has expired.
Position type: Full-time
Location: Philadelphia, PA or Wilmington, DE
Schedule: Monday – Friday 8am-5pm
Hybrid/Onsite
Description:
The Retail Insurance and Escrow Analyst will be the gate keeper and be responsible for oversight of sourced vendors who assist the Bank with Insurance and Real Estate Tax processing. Duties include but are not limited to payment distribution and ensuring insurance coverage is maintained for Real Estate and other secured loans. This entails thorough review of any reports provided by sourced vendors with prompts to perform action, correct issues or findings noted. The Incumbent will assist Management to administer the process of Insurance/Tax payments to vendors and agencies, for Escrowed Loans or the purchase for forced placement of Hazard and Flood policies as required. The Retail Insurance and Escrow Specialists will facilitate the transfer of funding and documentation to sourced vendors to validate proper receipt of Tax information/Insurance policies sent. The Incumbent will maintain the necessary documentation for reconciliation of general ledger or Bank accounts pertaining to all disbursements on behalf of the Bank. The Retail Insurance and Escrow Specialist will ensure that all regulatory requirements are met, as it pertains to Flood and Hazard Insurance, including those under the National Flood Insurance Program (NFIP) and Flood Disaster Protection Act (FDPA). The Incumbent will participate in system release testing and validation and will provide feedback to Management of findings as appropriate. The Incumbent will also participate in all training as required to maintain compliance under various regulatory statutes and internal policies and procedures as directed by Management and that the Bank’s Compliance department. The incumbent will work with Management and Compliance where applicable in updating policies, procedures, and developing various system processing workflows that pertain the Associates areas of responsibility.
Minimum Qualifications:
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