Mortgage Operations Specialist jobs in Little Rock, AR

Mortgage Operations Specialist coordinates the company's entire mortgage lending operations and activities. Reviews, analyzes and modifies overall operational systems and procedures relating to the mortgage lending function. Being a Mortgage Operations Specialist develops activities within the mortgage lending operations area and coordinates those activities with other functional areas. Monitors operations to ensure they are within budget. Additionally, Mortgage Operations Specialist provides recommendations for improvements in processes. Requires a bachelor's degree. Typically reports to a manager or head of a unit/department. The Mortgage Operations Specialist has gained full proficiency in a broad range of activities related to the job. Independently performs a wide range of complex duties under general guidance from supervisors. To be a Mortgage Operations Specialist typically requires 5-7 years of related experience. (Copyright 2024 Salary.com)

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Mortgage Servicing Escrow Insurance Specialist
  • Arvest Bank
  • Little Rock, AR FULL_TIME
  • Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed.

    Location: 801 John Barrow Rd, Little Rock, AR or any Arvest location within our 4 state footprint.

    Preferred skills/experience: PMI/MIP processing, Blacknight MSP experience.

    Pay is based on a number of factors including the successful candidate’s job-related knowledge and skills, qualifications, and prior experience. Arvest offers a comprehensive suite of benefits, including a full range of health and life, financial, and wellness benefits. For more information about benefits, please visit www.arvest.com/careers/benefits .

    Summary:

    SUMMARY: Under the supervision and guidance of the Mortgage Servicing Escrow Supervisor, the Mortgage Servicing Escrow Insurance Specialist processes escrow insurance for the bank group’s mortgage servicing department. The incumbent

    will prepare, process, and follow-up on the department’s assigned escrow insurance needs regarding Hazard Insurance, Flood Insurance, PMI (Private Mortgage Insurance), MIP (Mortgage Insurance Premium), Lender Placed Insurance and Optional Insurances. In addition, the Mortgage Servicing Escrow Insurance Specialist must understand complex escrow accounts with the ability to effectively explain the details to customers, bank associates and third parties.

    ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

    • Send and receive EDI (electronic data interchange) files from outside vendor(s); maintain data integrity and clear any file exceptions.Process EDI insurance payments timely and accurately.
    • Process all monthly mortgage insurance premiums and remit to all PMI (Private Mortgage Insurance) companies.
    • Process monthly MIP (Mortgage Insurance Premiums) and remit to FHA.
    • Process and monitor all PMI/FHA cancellation requests and requirements.
    • Maintain an understanding of complex escrow accounts to effectively explain account details.
    • Perform research and follow-up on outstanding problems.Assist customers concerning problems/inquiries on loans in an accurate and efficient manner.
    • Serve as a liaison with outside insurance vendors to ensure adequate lender placed insurance coverage is applied, and lender placed insurance is cancelled and refunds are processed within the regulatory timelines.
    • In coordinated efforts, work with the flood mapping vendor to track and work with customers to secure required flood insurance per state, federal and investor guidelines.
    • Ensure assigned escrow department duties are completed according to department policies and procedures, federal and state regulations, and investor guidelines.
    • Process all optional life insurance premiums and remit to optional life insurance companies.
    • Work collaboratively toward KPI’s (key performance indicators).
    • Understand and comply with bank policy, laws, regulations, and the bank's BSA/AML Program, as applicable to your job duties. This includes, but is not limited to; complete compliance training and adhere to internal procedures and controls; report any known violations of compliance policy, laws, or regulations and report any suspicious customer and/or account activity.

    TEAM ACCOUNTABILITIES:

    • Support and uphold the Arvest Mission Statement.
    • Uphold the Arvest code of Ethics and ensure that confidential information is safeguarded.
    • Maintain a high level of cooperation and rapport with all associates in order to ensure accurate and efficient operations and service.
    • Formulate and communicate new ideas and suggestions that will improve profitability and efficiency for the bank’s overall operation.
    • Promote professionalism at all times.

    Responsibilities:

    QUALIFICATION REQUIREMENTS:

    To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    EDUCATION and/or EXPERIENCE:

    • High School Diploma or General Education Degree (GED) required.
    • 1 year of mortgage, banking, insurance processing or payment processing experience required.
    • 6 months customer service experience required.
    • Proficiency in Excel and Microsoft Word preferred.

    OTHER SKILLS AND ABILITIES:

    • Must be able to arrive at work on time, work on site and have regular work attendance
    • Must be able to work cooperatively with other co-workers regardless of personality, presence or communication style
    • Must be able to provide cordial customer service regardless of customer personality, presence or communication style
    • Must be able to perform several tasks at once
    • Must be able to work in a stressful atmosphere
    • Must be able to rotate job tasks
    • Must be able to occasionally work overtime
    • Must be able to greet others cordially
    • Must be able to coordinate multiple and changing priorities
    • Must be able to verbally communicate with all other associates
    • Must be able to operate telephone, scanner, copier and FAX machines
    • Must be able to move from department, division, or bank to department, division or bank to attend meetings
    • Must be able to operate personal computer keyboard in order to create reports, schedules and other appropriate documentation

    PHYSICAL DEMANDS:

    The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the associate is regularly required to stand, walk, sit, and to talk and hear. The associate must occasionally reach with hands and arms; stoop, kneel, or crouch.

    The associate may occasionally be required to lift or move up to 25 pounds.

    Specific vision abilities required by this job include close, distance and color vision and the ability to adjust focus.

    WORK ENVIRONMENT:

    The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

    The noise level in the work environment is usually moderate.


    Grade 11

    Pay Range: $16.88 - $20.05 per hour

  • 10 Days Ago

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Mortgage Servicing Records Management Specialist
  • Arvest Bank
  • Little Rock, AR FULL_TIME
  • Position is Monday through Friday 8 am to 5 pm with ability to work additional hours as needed. Location: 801 John Barrow Rd, Little Rock, AR 72205. Pay is based on a number of factors including the s...
  • 15 Days Ago

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Operations Specialist
  • US Navy Reserve
  • Dover, AR FULL_TIME
  • ABOUT Do you have what it takes to lead in the heart of Naval combat? As an Operations Specialist, you will serve as a supervisor and leader in the top-secret Combat Information Center. From the ocean...
  • 29 Days Ago

S
Director of Nursing
  • Senior Living Recruiting Specialist
  • Little Rock, AR FULL_TIME
  • Your Perfect Client Match & Great BenefitsAre you an experienced Director of Wellness that is looking for stability, an opportunity for career growth and great benefits? If you answered yes, this job ...
  • 1 Month Ago

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Night Operations Supervisor
  • Night Operations Supervisor
  • Little Rock, AR FULL_TIME
  • At CalArk, we respect what you have to offer. Our industry-leading wages and benefits ensure you always feel appreciated for what you individually bring to our team. Your talent has a home with us.
  • 3 Days Ago

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Staff Operations and Training Specialist
  • U.S. Army Reserve Command
  • Little Rock, AR FULL_TIME
  • About the Position: This position is a Military Technician position with the 76th United States Army Reserve Response Command 468th Chemical Battalion, 455 Chemical Brigade, located in Little Rock, Ar...
  • 18 Days Ago

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0 Mortgage Operations Specialist jobs found in Little Rock, AR area

Little Rock is located at 34°44′10″N 92°19′52″W / 34.73611°N 92.33111°W / 34.73611; -92.33111 (34.736009, −92.331122). According to the United States Census Bureau, the city has a total area of 116.8 square miles (303 km2), of which 116.2 square miles (301 km2) is land and 0.6 square miles (1.6 km2) (0.52%) is water. Little Rock is located on the south bank of the Arkansas River in Central Arkansas. Fourche Creek and Rock Creek run through the city, and flow into the river. The western part of the city is located in the foothills of the Ouachita Mountains. Northwest of the city limits are P...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Operations Specialist jobs
$93,221 to $164,700
Little Rock, Arkansas area prices
were up 1.2% from a year ago

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Mortgage Operations Specialist in San Jose, CA
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