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Escrow Specialist III


Republic Bank and Trust Company


The Escrow Specialist III position is accountable for providing the highest level of customer service to internal and external customers with operational integrity. Primary responsibilities include procurement and payment of assigned lender paid escrowed items, including Homeowners Insurance, Property Taxes, PMI, LPMI, FHA, Mortgage Life-disability-accidental death Insurance prior to their due date avoiding any and all penalties and interest. Evaluates loans and performs escrow analysis both when requested and annually to ensure all escrowed loans remain compliant. This position will work under the direct supervision of the Escrow Supervisor.

•Assist the Escrow Supervisor with leading departmental processes as it relates to the escrow lifecycle, including reconciliation of open billing items for tax and insurance, mortgage insurance and escrow analysis.
•Review/assist with the review of all new loans to ensure items related to flood are compliant to include the flood certification, trailers, and there is proper coverage by type, amount and structure.
•Assist Escrow Supervisor with performing quality control on processes and work of subordinates to ensure compliance with RESPA, CFPB, state and federal law and investor guidelines that relate to escrow tax, flood and forced placed insurance requirements and PMI regulations.
•Contact clients, insurance companies and/or bank personnel concerning non receipt of hazard insurance premium renewal.
•Respond timely to miscellaneous insurance, insurance claims and tax inquiries from clients, bank personnel, agencies and municipalities.
•Maintains a high degree of cooperation and rapport with all employees in order to ensure accurate and efficient operations and service.
•Adherence to established policies and procedures; Create and amend assigned procedures immediately upon notification of change, addition or declination request.
•Obtain and review insurance and real estate tax reporting and conduct maintenance or due diligence as required.
•Review general ledger entries and ensure cross functional processes are completed on time and accurate.
•Participate in internal and external quality control and audit assessments, providing prompt and accurate responses to inquiries made, as well as take immediate action to correct or resolve issues as they are known.
•Primary contact for assigned insurance agencies and providers and real estate tax municipalities.
•Monitors daily operations of assigned vendors to ensure established service levels and contract terms are met.
•Drive systems testing to validate data, identify gaps or illogical errors.
•Monitors safeguards to ensure the integrity of our client’s personal and financial data.
•Willingly performs other duties and projects as assigned.


•College degree or equivalent combination of education and experience in a business related field required.
•Minimum of 2 years previous experience with Escrow Loan Servicing; in-depth knowledge of tax, escrow analysis and mortgage insurance required.
•Previous team leader or supervisory experience preferred.
•Proficiency in Microsoft Office (Word, Excel, Access, and PowerPoint) PDF and internet applications.

•Excellent interpersonal, verbal and written communications skills.
•Demonstrates more complex math and/or accounting principles as it relates to Loan Servicing.
•Demonstrates the ability to perform analysis, trend and effectively report data.
•Requires ability to work independently and as a team, under pressure and meet deadlines.
•Ability to problem solve and evaluates a process for both potential risk and efficiency improvement.

The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the associate is regularly required to sit, talk, hear and use hands to finger, handle, or feel objects, tools, or controls. The associate is occasionally required to stand and walk. The associate occasionally may lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus. The noise level in the work environment is usually moderate.

•Travel between Republic Banking facilities may be required.
•Requires a flexible work schedule that will include some evening and weekend work.
•Stay abreast of new developments, best practices and regulatory changes, including participation in all training provided.

**The above is intended to describe the general content of and requirements for the performance of this position. It is not construed as an exhaustive statement of duties, responsibilities or requirements.
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.



Work Schedule

Set Hours




Republic Bank knows it takes more than a competitive salary to fulfill associates' needs. We also know that job satisfaction is about more than just the salary, which is why we offer a competitive benefit package for full and part-time associates.

Insurance plans that include: Health, Vision and Dental
Life Insurance & Long- and Short-term Disability Insurance
Flexible Medical and Dependent Care Spending Accounts
Health Savings Account
401(k) Plan with company match
Paid Time Off/Holidays
Tuition Reimbursement – Undergraduate and Graduate programs

Required Education

High School Diploma

Work Location


Application Process

Please apply at our website: www.republicbank.com/careers

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