BASIC FUNCTION:

Escrow/Collateral Clerk to handle escrow accounts for Mortgage and Commercial Loan Department. Responsible for maintaining collateral for Consumer, Mortgage & Commercial collateral.

ESSENTIAL DUTIES:

· Open and review daily insurance mail

· Review daily, weekly and monthly escrow report

· Contact insurance agents for missing insurance invoices

· Prepare county tax spreadsheets for tax payments

· Process payments for taxes and insurance on all escrowed loans

· Mail out rate change/escrow analysis notices

· Manage blanket insurance

· Track Insurance not covered by blanket coverage

· Track life insurance policies held as collateral

· Quote/ Process payoff for all loans

· Break down paid note files

· Prepare releases

· Monitor closed loan files for final title and recorded deeds

KNOWLEDGE, SKILLS & ABILITIES:

· Knowledge of CSI NuPoint is preferred.

· Excellent customer service skills

· Good communication and interpersonal skills

· Attention to detail; must be accurate and meticulous

· Good work ethics and reliability; maintaining confidentiality of customer information

· Good analytical skills

· Ability to lift up to 25 pounds (file folders)

EDUCATION, TRAINING & EXPERIENCE:

· High School Diploma or equivalent is required.

· 1 year banking experience

· Excellent analytical and mathematical skills

WORK ENVIRONMENT:

This position operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines.

POSITION TYPE/EXPECTED HOURS OF WORK:

This is a full-time position, typically 38 +/- hours per work week between the hours of 8:00 am and 5:00 pm Monday through Thursday; 8:00 am and 6:00 pm on Friday and rotating Saturdays from 7:45 am to 12:15 pm.

OTHER DUTIES:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice and additional duties may be required.

Farmers and Merchants bank is an Equal Opportunity Employer including military and veterans.