Escrow Servicing Specialist I

Overview

To ensure escrow accounts are accurate, property taxes are paid on time, and insurance coverage stays compliant-all while helping members feel confident and informed. Safeguard compliance with federal, state, investor, and organizational standards, minimizing risk and financial exposure. Monitor escrow balances, validate tax and insurance disbursements, and deliver exceptional member support. This role thrives on accuracy, timeliness, and collaboration, with work performed under moderate supervision and guided by Service Level Agreements (SLAs).

Responsibilities

• Interpret and apply complex guidelines, regulations, and procedures to ensure compliance and accuracy including assisting in audit responses
• Collaborate and communicate with members, internal teams, and vendors through written and verbal channels to streamline workflows and improve operational efficiency, leveraging strong communication and interpersonal skills
• Progressively mentors junior team members, offering coaching, feedback, and knowledge sharing to help grow overall organization skillset
• Review and process escrow analyses in accordance with RESPA, Reg X, Reg Z, FDPA, HPA and investor guidelines, progressing from basic reviews to more advanced analyses and exceptions-including PMI/FHA assessments and mass analyses-as expertise increases
• Review escrow accounts to ensure accurate tax and insurance collections, billing, and disbursements; identify discrepancies and maintain compliance through timely adjustments and documentation updates
• Oversee specialized insurance functions, including Hazard and Flood coverage validation for compliance, progressing from foundational tasks to escalations, LPI, PMI, and advanced reviews as proficiency grows
• Process MI cancellations, FHA reconciliations, delinquency reporting, payment verifications and flood insurance certifications
• Prepare accurate reports, maintain data integrity within servicing systems, and support regulatory compliance; advanced to producing complex operational, compliance, and month-end reporting packages, including ad hoc analyses in support of Senior Specialists
• Navigate multiple systems and leverage word processing and spreadsheet tools to manage data effectively
• Perform vendor oversight functions including completion of vendor scorecards, supporting daily wire functions, and timely invoice processing
• Engage with vendors and tax authorities across multiple jurisdictions to resolve escalated tax issues

Qualifications

• Demonstrate strength in analytical thinking, problem-solving, and document review with exceptional attention to detail
• Familiarity with financial institution practices, mortgage servicing, and lending regulations
• Knowledge of escrow analysis, property tax processes, and insurance compliance
• Experience in member/customer service, preferably in banking or financial services
• Strong analytical, research, and problem-solving skills
• Proficiency in navigating multiple systems and performing accurate data entry
• Effective verbal and written communication skills
• Demonstrates willingness to support and learn from senior team members; shares knowledge when prompted and participates in peer learning activities
• Ability to manage multiple priorities independently and within a team environment
• Competence in Microsoft Word, Excel, and related applications
• Familiarity with Investor, Insurer, and Navy Federal guidelines as they relate to mortgage loan origination and mortgage servicing
• Familiarity with Conventional, FHA, VA loans & RESPA guidelines
• Familiarity with Fannie Mae, Freddie Mac and/or VA mortgage servicing guidelines
• Experience in managing multiple priorities independently and/or in a team environment to achieve goals
• Experience in preparing accurate reports, maintaining data integrity within servicing systems, and supporting regulatory compliance through routine monitoring and documentation

Desired Qualifications:

• Familiarity with Navy Federal mortgage products, policies, and procedures
• Experience as a licensed insurance agent or property tax collector

Additional Information

Hours:

• Monday - Friday, 7:30AM - 7:30PM EST or 6:30AM - 6:30PM CST with Saturdays 9:00AM - 1:00PM EST or 8:00AM - 12:00PM CST

Location:

• 820 Follin Lane, Vienna, VA 22180
• 5510 Heritage Oaks Drive, Pensacola, FL 32526
• 141 Security Drive, Winchester, VA 22602

About Us
Navy Federal provides much more than a job. We provide a meaningful career experience, including a culture that is energized, engaged and committed; and fierce appreciation for our teams, who are rewarded with highly competitive pay and generous benefits and perks.

Our approach to careers is simple yet powerful: Make our mission your passion.

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From Fortune Magazine. © 2026 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune 100 Best Companies to Work For are registered trademarks of Fortune Media IP Limited and are used under license. Fortune Magazine, Fortune Media (USA) Corporation, and its affiliates are not affiliated with, and do not endorse products or services of, Navy Federal Credit Union.

Equal Employment Opportunity: All qualified applicants will receive consideration for employment without regard to age, race, sex, color, religion, national origin, disability, veteran status, pregnancy, sexual orientation, genetic information, gender identity or any other basis protected by applicable law.

Accommodations: If you need accommodation or assistance for a qualifying condition to complete the online application (or during any stage of the hiring process), you can contact Navy Federal's Medical Accommodations team at medicalaccommodations@navyfederal.org or by calling 1-888-503-6013. This team cannot provide any information on job postings or application status.

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position. For additional details regarding compensation and benefits, review the Benefits page of the Navy Federal Career Site.

Protect Yourself from Job Scams: Navy Federal Credit Union jobs are posted on our career site, jobs.navyfederal.org and reputable job boards (e.g., LinkedIn, Indeed). We do not post jobs on social media marketplaces, messaging apps or unverified websites. We will never ask candidates for payment, bank details or personal financial information during the hiring process.

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Client-provided location(s): Pensacola, FL

Job ID: Navy_Federal_Credit_Union-30876-OTHLOC-300000025810540

Employment Type: FULL_TIME

Posted: 2026-07-06T18:54:09