Escrow & Insurance Assistant

We are looking for an experienced Escrow & Insurance Assistant to join our team in Boston, Massachusetts. This long-term contract position offers the opportunity to play a key role in managing escrow processes and insurance tracking within the banking industry. The ideal candidate will have a strong background in real estate and loan administration, coupled with a deep understanding of compliance and regulatory requirements.

Responsibilities:

• Execute quarterly escrow processing and ensure timely completion of annual escrow analysis.
• Monitor hazard and flood insurance policies, ensuring compliance with regulatory standards and accuracy in billing.
• Handle insurance tracking, including billing and payments for private insurance and other related policies.
• Maintain adherence to critical deadlines for escrow and insurance-related tasks.
• Collaborate with stakeholders to manage property tax billing and payments effectively.
• Review and process title escrow documents, ensuring all legal and compliance standards are met.
• Oversee the implementation of Real Estate Settlement Procedures Act (RESPA) guidelines within escrow operations.
• Support loan administration activities, focusing on commercial real estate transactions.
• Conduct audits and reconciliations to ensure data accuracy in escrow accounts.
• Provide guidance and expertise on trust and estate property tax matters.