Escrow Processor

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

As an integral member of the Loan Operations Department, the position of Loan Operations Escrow Processor 1 is mainly responsible for coordinating all activities related to property taxes and insurances related to real estate-secured loans held at the bank.

Essential Responsibilities:

• Review accounts with property taxes and insurances that are escrowed to ensure they adhere to federal regulations
• Prepare remittance for property taxes as due
• Prepare remittance for hazard insurance premiums on a monthly basis
• Prepare remittance for mortgage insurance premiums as due
• Research and maintenance tax data through the banks tax servicing vendor
• Prepare documentation for the creation of an escrow account for existing loans
• Prepare and send regulatory letters when cancelling property taxes and insurance
• Process escrow payment transactions and maintenance the system accordingly
• Function as a resource for branch personnel with escrow questions; communicate with customers, insurance companies and real property tax collectors regarding escrowed accounts
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner

Education, Training and Requirements:

• High School Diploma or GED required
• Associates Degree in business related field or equivalent work experience preferred
• All applicants must be 18 years of age or older

Skills:

• Strong attention to detail as well as proven organizational and analytical skills
• Highly organized, with the ability to multi-task
• Ability to prioritize and work effectively under time constraints
• Above average written and verbal communication skills
• Intermediate to strong computer skills, including ability to create and manipulate data and spreadsheets in Excel
• Must be able to consistently demonstrate the Company’s core values: a strong work ethic, integrity, respect for others, responsibility, transparency and humility

Experience:

• Preference will be given to a candidate with at least one (1) year experience in banking and knowledge of lending products and services. Mortgage experience is a plus.

Hours: 40 hours/week

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements:

The physical demands described here are representative of those that must…