Mortgage Servicing Specialist

Overview

This position provides front-line service and support for Bank-owned and serviced mortgages. Works directly with clients, associates, and other key stakeholders during the course of daily activities, and may act as a liaison between parties involved in mortgage actions. Performs a variety of servicing tasks which may include payments processing, answering client calls, entering loan set-up packages, facilitating loan satisfactions or releases, and managing insurance policies and real estate tax bills.

May verify documentation, track exceptions, and other duties intended to review for accuracy in loan applicant information. Ensures mortgages are appropriately supported and complete to facilitate workflow for the mortgage servicing function of the Bank.

This position is onsite and not a remote position and hours are 9:00 am - 6:00 pm Monday - Friday

• Business Service - Performs a variety of actions to facilitate daily operations and mortgage servicing for Bank clients, associates, and other relevant parties. Understands loan transaction history to provide resolution for identified issues.
• Mortgage Servicing - May perform some or all of the following duties:
  Payment Processing, Client Service (answers inbound calls, provides resolution or call routing), payoffs processing (quotes, disclosures, accuracy checks), and ensuring loan documents are properly satisfied and forwarded within regulatory timelines. Handles system maintenance such as address/name changes and verification of mortgage requests. Escrow Management - Manages real estate taxes and hazard, flood and private mortgage insurance, including force-placed insurance; reviews policies for required coverage and updates certificates as necessary.
  
  Prepares escrow invoices, reviews vouchers for accuracy, and mails payments. Manages the electronic data interface (EDI) with insurance companies and real estate tax vendors to keep the Bank servicing system updated. Researches changes related to real estate tax bills and insurance policies. Orders coverage and notifies clients for force-placed insurance. Loan Establishment - Sets up new loans for accurate servicing (including construction loans);
  
  verifies interface accuracy and loan closing documents; manages service release of loans to purchasers or investors.
• Coordination - Works closely with clients, associates, and other relevant parties to source necessary information and documentation required for mortgage activities; coordinates actions within the business unit to ensure timely and effective service delivery.

High School Diploma or GED and 1 year of experience in Escrow, Client Service, or Mortgage/Bank operations

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at