Escrow Officer
Company | Old Republic International |
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Location | Albuquerque, NM, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Junior, 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.