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Escrow Officer

Escrow Officer

CompanyOld Republic International
LocationAlbuquerque, NM, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelJunior, Mid Level

Requirements

  • Minimum of two-years of escrow experience in the State of New Mexico.
  • Excellent time management skills.
  • In-depth knowledge of title insurance policies, endorsements, and title pricing.
  • In-depth knowledge of escrow documents, escrow fees and terminology.
  • Capable of processing multiple types of transactions (i.e. Residential resale and refinance escrows) without assistance.
  • Basic computer skills including proficiency in Microsoft Office Suite and Outlook.
  • Ability to work in fast paced environment while successfully performing under extreme time constraints and meets prescribed deadlines.
  • Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.
  • Ability to act independently with sound judgment and take initiative.
  • Written and verbal communications are clear, grammatically correct and business appropriate.
  • Actively listens. Is mindful of how body language, gestures and non-verbal communications are perceived.

Responsibilities

  • Ability to interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
  • Takes proactive approach to providing status updates for Agents and principals.
  • Prepares escrow instructions and supporting documents for signing.
  • Balances figures and closing funds, prepares file for disbursement and creates disbursement packages.
  • Meets all escrow/title conditions required by lenders and purchase contract.
  • Preparation of Seller CD/ALTA/HUD settlement statements detailing the accounting of the transaction in accordance with all state and federal regulatory requirements.
  • Verifies and reviews all information in the preliminary report/title commitment while clearing title requirements by researching discrepancies, working with underwriters and title officers to obtain lien releases and clearing any other encumbrances.
  • Requests the issuance of title policies or other evidence of title.
  • Trains, guides, assigns and reviews the work of one or more escrow assistants.
  • Collaborates with Sales and Marketing Department to maintain existing customers and generate new business which may include educational presentations both in and outside of the office.
  • Demonstrates courtesy and professionalism and is proactive and responsive to co-workers and customer needs and expectations.

Preferred Qualifications

  • Notary Commission preferred.