Escrow Tax Specialist I

D

Dovenmuehle Mortgage, Inc.

Posted 2 months ago

Full Time

Lake Zurich, Illinois

In Person

Smart Summary

Responsibilities

The Escrow Tax Specialist is responsible for processing daily tax exception reports, managing escrow projections, and ensuring accurate tax refund processing. They also provide quality control validation for service release loans and ensure compliance with company guidelines and RESPA regulations.

Qualifications

We are looking for detail-oriented candidates with strong communication, organizational, analytical, and problem-solving skills. Previous loan servicing experience is a plus. You should be comfortable managing multiple projects in a fast-paced environment and have basic knowledge of Microsoft Office.

Job Description

Escrow Tax Specialist I

Full time; Non-Exempt; 37.5 hours/week; overtime as required.

Location; Lake Zurich, IL, US

Department: Escrow Tax

Dovenmuehle Mortgage, Inc. (“Dovenmuehle”) is the leading mortgage subservicing firm in the United States with several hundred financial institution clients nationwide. 

General Description:

As an Escrow Tax Specialist, you will be responsible for the processing of daily tax exception reporting to correct next tax due dates and bucket amounts. You will be responsible for the timely processing of refunds daily; this will require great attention to detail to ensure that funds are deposited to the correct accounts. Provide oversight of service release loans, running reports and providing quality control validation. The processing of escrow projections for escrow addition requests. You will be required to follow departmental, and company related escrow guidelines as well as RESPA regulations and standards. You will ensure your personal task assignments are completed timely and accurately. 

Essential Functions and Duties:

•    Update tax lines set up incorrectly

•    Review and/or correct issues from Escrow Analysis

•    Create and monitor Escrow Addition requests and prepare projections

•    Completed tasks from Loss Mitigation and Construction roll over requests

•    Process partial release documentation 

•    Process tax refund checks and wires

•    Complete daily reports: Tax Control and Pre-TAR

•    Track service release loans for service transfers

•    Process incoming tax mail

Department Specific/Additional Duties: 

•    Other job-related duties as assigned

Required Qualifications:

•    1-year previous loan servicing experience is a plus

•    Excellent verbal and written communication skills

•    Strong attention to detail

•    Organizational, analytical, and problem-solving skills 

•    Must be able to manage multiple projects and work in a fast-paced environment with changing priorities

•    Goal-oriented and results driven

•    Team player

•    Basic knowledge of Microsoft Office suite - Excel, Outlook

•    Knowledge of MSP/LPS desired

Preferred/Other Qualifications:

•    GED/ High School graduate

Physical Demands and Work Environment:

The employee is regularly required to communicate (give/receive information) through multiple methods of communication. The employee is frequently required to stand or walk (or otherwise move through the organization); sit; use hands to type, write, handle, or feel and reach with hands and arms. The employee may occasionally climb or balance; stoop, kneel, or crouch; or lift and/or move up to 25 lbs. The noise level is usually moderate and typical of an office environment. The employee may be required to use a variety of standard office equipment, including computer keyboards and monitors, phones, printers, etc.  

In accordance with applicable disability laws, Dovenmuehle works with applicants and employees to make reasonable accommodations to the job or work environment when doing so will enable a qualified individual with a disability to satisfactorily perform the essential functions of the job.

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Dovenmuehle Mortgage, Inc.

Dovenmuehle Mortgage, Inc. is one of the leading mortgage subservicing companies in the United States specializing in servicing loans on behalf of commercial banks, credit unions, mortgage banking companies and state and local housing finance agencies nationwide. Dovenmuehle was founded in 1844 and is the oldest mortgage banking company in the Midwest and one of the oldest mortgage companies in the United States. Dovenmuehle subservices residential, commercial and multifamily mortgage loans for borrowers located in all 50 states, Puerto Rico and the U.S. Territories.
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