Make the change and be the difference. Take ownership at MCB!
Established in 1960 with just one location in Morton, IL, Morton Community Bank (MCB) has grown to over 550 employees, 50 branch locations and over $5 billion in assets! We pride ourselves on our dedicated service to our customers and our communities, while placing much value on our internal assets, our employees. Each MCB employee OWNS a portion of the bank with our ESOP (Employee Stock Ownership Plan). The ESOP has proven to be a substantial benefit to employees upon retirement.
Pay or shift range: $22.15USD to $27.27USD
The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.
Enjoy the Benefits of working at MCB!
Medical, Dental, Vision, Short-Term Disability, HSA, FSA, 401k.
Life and AD&D Insurances, Long-Term Disability, Vacation Days, Personal Days, and Paid Holidays.
Job Summary
Responsible for the monitoring of account delinquencies, issuing escrow payments, tracking insurance, resolving credit bureau disputes, and receiving bankruptcy notices from borrowers.
Essential Duties & Responsibilities
· Sell, audit, and report mortgages to secondary market
· Process and pay tax bills while monitoring tax service (Info-Pro) reports and exceptions
· Process and pay insurance escrow premiums, mortgage insurance premiums, and Rural Housing guaranteed annual fee premiums.
· Process and analyze annual escrow analysis prior to distribution to customer.
· Balance FNMA portfolio daily and monthly, forwarding principal and interest payments daily.
· Complete reporting for USDA, FHA, VA, FNMA, Inhouse Mortgage, MILAR, Delinquent loans, and there may be additional reporting required on an as needed basis.
· File claims for secondary market accounts that have incurred expenses due to workout programs, delinquency, deed in lieu of foreclosure, short sale, or foreclosure. Claims must be filed timely and may require multiple submissions based on investor (i.e. Rural Development, private mortgage insurance).
· Verify accrual balance on the portfolio, as needed.
· Monitor, contact customers, and allocate unapplied funds on a daily basis to loans.
Supervisory Requirements
Personnel Management: This position has no supervisory responsibilities.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· The physical activities of this position may include climbing, reaching, standing, lifting, talking, hearing and performing repetitive motions.
· Medium exertion; exerting up to 50 pounds of force occasionally, and or up to 20 pounds of force frequently, and or up to 10 pounds of force constantly to move objects.
· The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; viewing a computer terminal.
Education and Qualifications
Essential:
· High school diploma or equivalent
Desirable:
· Some college
Experience
Essential:
· Knowledge of customer service principles
· Relevant computer skills
Desirable:
· Two years of related work experience
· Knowledge of Escrow Administration, including real estate tax, homeowner's insurance, private mortgage insurance, flood insurance, and escrow analysis.
· Proficient data entry skills