What are the responsibilities and job description for the Loan Operations Specialist position at RIVER BANK & TRUST?
RB&T Mission Statement:
As a trusted partner and friend, River Bank & Trust helps our neighbors and the businesses in our communities to reach their financial goals.
Position Summary:
Under the supervision of the Loan Operations Manager, this position performs a variety of functions directly related to the loan operations of all loan types to include all Commercial, Consumer and Real Estate loans.
Essential Duties and Responsibilities:
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The essential functions include, but are not limited to the following:
- Manage, monitor, and service mortgage escrow accounts to ensure property taxes and insurance are paid accurately and on time
- Review and monitor escrow analysis statements. Adjust monthly payment amounts as needed
- Answer inquiries regarding escrow statements, charges, and account balances
- Work closely with the bank’s insurance tracking vendor by processing transactions and researching insurance questions as needed
- Manage, research, and correct credit bureau reporting as needed
- Assist/Back up balancing Loan Control account daily, escrow support functions, credit bureau disputes, Loan Balance, Image EIP, SWAP-ARC loan processing, Participation loan management, Loan Review, and Loan Operations Inbox
- Work closely with Management, Relationship Managers, and Lending Assistants
- Other duties and/or special projects assigned by Management