Cadence Bank hiring Mortgage Escrow Specialist in Tupelo, Mississippi, United States | LinkedIn (2024)

What The Role IsThe Escrow Specialist is responsible for the maintenance of tax and insurance records on mortgaged properties and accurate and timely payment of real estate taxes and insurance on escrow and non-escrow accounts. Escrow Specialist monitors the work of out-sourced tax and insurance vendors, processes all disbursem*nts for customer escrow accounts and provides assistance in resolving tax and insurance related issues. Escrow Specialist processes mail, faxes, and emails pertaining to current bills and researches issues for customers.

How You Will Make An Impact

• Analyzes escrow sufficiency to make sure escrowed funds are sufficient to make required payments
• Update tax and insurance lines on the mortgage servicing system in order to maintain accurate records for delinquent non-escrowed loans obtain delinquent tax amounts in a timely manner so taxes can be paid to prevent a tax sale.
• Works with Loss Mitigation Specialist to ensure modification plan guidelines for setting up tax lines, paying taxes, and establishing an escrow account are done timely and within Compliance guidelines.
• Manually requests tax and insurance bills, track critical dates, and make payments if not disbursed electronically.
• Execute payments for taxes and insurance both in batch single processing modes accounting to the renewal and installment due dates for the particular payee. Payment processing includes: taxes to avoid incurring interest or penalties, home owners insurance which includes hazard, flood and wind, and private mortgage insurance
• Sets up new tax payees or makes changes upon request.
• Update action & follow up in the mortgage servicing system.
• Weekly reporting to management.

Who You Are

• Excellent verbal and written communication skills
• Proficient in the use of Microsoft office and their associated suite of product
• Strong research, analytical, and organizational skills
• Ability to multi-task while meeting strict deadlines
• Outstanding time management
• Sound decision making skills
• Previous experience with accounting and reconciliation a plus
• Works cooperatively with others
• Regular and reliable attendance

If your experience aligns with this description, please consider applying. Many skills are transferable among industries and a passion for the role and willingness to learn are important considerations. We believe that a diverse workforce creates problem-solving and creative thinking, which is why we’re dedicated to adding new perspectives to the team and encourage everyone to apply.

The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary.

Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

QualificationsEducation

RequiredHigh School or better

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)