Associate Transactions & Processing

This position is responsible for servicing commercial loan transactions with a focus on insurance compliance, escrow management, and hazard loss processing. Duties include collecting and validating insurance certificates against system requirements, issuing non-compliance notices, and updating coverage for loans impacted by significant insurance events. The role also involves processing insurance invoices from escrow accounts, reconciling variances in annual premiums, and coordinating with agents on outstanding items. Additionally, responsibilities extend to placing flood zone determinations, setting up hazard loss packages, creating reserve accounts, reviewing loan documents for casualty and condemnation clauses, and facilitating borrower communication through initial draw forms.