Location
Remote | United States
Job description
About the role
Responsible for the management of all core responsibilities related to escrow operations. The functional responsibility includes: ensuring proper insurance coverage including monitoring of expirations, deficiencies and reviews. Real Estate tax processing and UCC filings, continuations and modifications.
What you’ll do
- Supervises insurance expirations, reviews and deficiency follow-up. Develop and monitor appropriate exception and status reports and follow-up to ensure Investor and loan level timelines are met. Connects with investors regarding problem issues.
- Reviews and ensures status reports for property tax payments to ensure taxes are paid timely, accurately and prior to any economic loss date to avoid penalties.
- Manages the non-escrow monitoring, escrow analysis, escrow shortages, exception reports, delinquent tax resolution processes and E&O (Errors and Omissions) corporate insurance programs. Reviews and approves appropriate escrow disbursement check and wire requests.
- Develops, maintains, updates, and communicates departmental procedures to ensure all activities are completed timely and accurately.
- Manages applicable vendor relationships and off shore team to ensure completion of assigned properties in accordance with standard operating procedures. Ensures service legal agreements are met and approves payments. Participates with legal on resolution of contractual issues and negotiations.
- Provides formal supervision to individual employees within single functional or operational area. Recommends staff recruitment, selection, promotion, advancement, corrective action and termination. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Prepares and delivers performance appraisal for staff. Mentors and coaches team members to further develop competencies. Leads by example and models behaviors that are consistent with the company's values.
Job tags
Salary
