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Escrow Assistant

Escrow Assistant

Talent Lab Partners LLCMiami, FL, US
1 day ago
Job type
  • Full-time
Job description

Job Description

Escrow Analyst Job Description

Primary Responsibilities :

  • Set up and maintain real estate tax records within the servicing system based on information received from Master or Sub-Servicers.
  • Enter real estate tax payment data into the servicing platform as reported by Master or Sub-Servicers to initiate the approval workflow.
  • For non-escrowed loans, track property tax payments and promptly alert the Asset Manager of any delinquencies or outstanding issues.
  • Verify that all loans under your portfolio carry adequate insurance coverage in compliance with loan terms.
  • Communicate any insurance deficiencies, lapses, or recommendations to the respective Asset Managers.
  • Record and process both annual and monthly insurance premium payments for escrowed loans through coordination with Master Servicers.
  • Order flood zone determinations and upload the documentation into LPAMS.
  • Oversee and administer cash-managed loans, including monthly waterfall calculations in partnership with Asset Managers and Master Servicers, as well as processing funding requests from Borrowers or Receivers.
  • Work with Master Servicers, Borrowers, and Asset Managers to establish cash management structures, including DACA and CMA account setups.

Skills and Competencies :

  • Excellent written and verbal communication skills, with the ability to manage multiple priorities while maintaining strong attention to detail.
  • Working knowledge of commercial loans and the ability to interpret loan agreements and related legal documentation.
  • Proficiency with Microsoft Excel and Word.
  • Self-motivated and capable of working both independently and collaboratively within a team setting.

    • Education and Experience :

  • Bachelor’s degree preferred (Finance, Real Estate, or related field).
  • Minimum of one year of experience in loan servicing, commercial real estate, or financial services preferred.
  • Relevant internship or industry exposure will be considered a plus.
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    Escrow Assistant • Miami, FL, US