Job Description
Overview
The Escrow Manager is responsible for leading escrow operations, including staff management, vendor oversight, regulatory compliance, workflow performance, and KPI achievement. The manager drives process improvements, manages escalations, delivers training, and ensures effective communication with investors, insurers, vendors, and internal partners.
Responsibilities
- Manage, coach, counsel, and develop assigned staff in the assigned escrow division(s).
- Oversee vendor(s), which include monitoring scorecards, performance, and conducting quality control audits.
- Ensure compliance with property tax, mortgage insurance, loss draft, and property insurance regulatory requirements.
- Oversee assigned divisions of Escrow’s workflow to ensure adherence with service level requirements.
- Establish goals, specific to each division, and monitor progress.
- Identify training needs, develop and facilitate training sessions.
- Manage and assist in escalation resolution for client and customer requests, including root cause analysis.
- Develop and implement improvements that drive quality, efficiency and profitability.
- Maintain a working knowledge of mortgage loan servicing job functions.
- Communicate with investors, insurers, vendors, and/or business partners.
- Monitor key performance indicators and ensure they are met by specialists and division leadership.
- Keep management informed on project progress, policies/procedures, vendor and specialist performance levels.
- All other duties as assigned.
Qualifications
- High School Diploma or equivalent.
- 8+ years of escrow servicing experience in mortgage loan servicing.
- 5+ years of managerial or supervisory experience (preferred escrow mortgage servicing experience).
- Advanced knowledge of state/federal laws and regulations applicable to mortgage and consumer lending.
- Advanced knowledge of ICE/MSP (f/k/a BKFS) required.
- Considerable knowledge of SQL, PowerBI and Microsoft Office applications (Excel, Outlook, Word, PowerPoint, etc.).
- Ability to motivate, mentor, train/coach, evaluate performance, and lead multifunctional staff in a fast-paced environment.
- Ability to compile, analyze, and explain performance data and trends.
- Ability to read, interpret, and analyze accounts/records of a complex and detailed nature.
- Ability to manage time and priorities wisely.
- Ability to grasp concepts quickly, make sound decisions, and resolve issues.
- Ability to work in a high-volume and time-sensitive environment.
- Ability to work independently and effectively meet deadlines.
- Ability to collaborate with peers in a team environment.
- Ability to communicate effectively in writing, in person, and by telephone.
- Ability to maintain strict confidentiality.
Total Rewards
LoanCare’s Total Rewards Package offers a comprehensive blend of health and welfare, financial, lifestyle and learning benefits to support employee well-being and engagement. Highlights include:
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Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insurance
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Time Off: Paid holidays, vacation, and sick leave
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Retirement & Investment: Fidelity National Financial matching 401(k) and employee stock purchase plans
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Wellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being
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Employee Recognition: Programs that celebrate achievements and milestones
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Lifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.
Compensation Range: $64,800 -$121,500 annually. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.
Build Your Future with LoanCare®
At LoanCare, we don’t just service mortgage loans—we serve people. As a leading full-service mortgage loan subservicer, we deliver excellence to banks, credit unions, independent mortgage companies, investors, and the homeowners they support. Backed by the strength and stability of Fidelity National Financial (NYSE: FNF), a Fortune 500 company, we offer a career foundation built on integrity, innovation, and collaboration.
Here, you’ll find:
- A culture that helps you thrive, with resources and support to fuel your growth
- Flexibility to work remotely, while staying connected through virtual engagement
- Opportunities to make a real impact in an industry that touches millions of lives
- If you're ready to grow your career in a place that values your contributions and empowers your success, we invite you to join our team.
About Remote Employment
We provide the necessary equipment; all you need is a quiet, private place in your home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS
WHO WE AREAbout us …LoanCare is a leading national provider of full service subservicing and interim subservicing to the mortgage industry and has offered its expertise and best practices in providing servicing solutions for others since 1991. At the present time, LoanCare subservices over 1.8 million loans in 50 states. LoanCare has a seasoned loan servicing team with senior managers averaging nearly 30 years of experience in the mortgage and financial services industry.LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.
WORK CONDITIONSWorking conditions are normal for an office environment. Ability to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Over time required as necessary.Essential functions are the basic job duties that an employee must be able to perform, with or without reasonable accommodation.
EQUAL EMPLOYMENT OPPORTUNITY
LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.
Originally posted on Himalayas
