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Escrow Officer

Company: Title Abstract Company of Pennsylvania
Location: Strongsville
Posted on: January 9, 2021

Job Description:

Description: The Escrow Officer is responsible for pre-closing, coordinating with agents & lenders, preparing settlement statements, scheduling and conducting the closing, issuing title policies (except in AZ), preparation and recording of documents and making appropriate disbursements associated with the settlement process.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.* Review and clear title; identify underwriting concerns; prepare the settlement statements* Order all items applicable to a transaction, such as tax certifications, inspections, surveys, payoff statements, conveyancing (specific to PA); bring downs/updates; Prepare settlement statement and closing packages* Prepare and make bank deposits; obtain funding approval if applicable; and disburse funds in accordance with the signed settlement statement* Complete post-closing duties including recordings, balancing to Simplifile report, if applicable; preparing wire transfers and final title policies (except in AZ)* Prepares or assists with preparation of reports, such as Capture, Escrow Trial Balance and Application/Closing Reports* Communicates frequently with leadership team and JV Partners regarding status of operations* Maintains knowledge and seeks out industry developments that affect the title insurance operations* Ensures that their operation is in compliance with regulatory issuesPM20. Requirements: ADDITIONAL POSITION REQUIREMENTS* Must have a minimum of 2 years escrow officer/closing experience performing the title and escrow duties of this position* Flexible and able to multi-task; can work within an ambiguous, fast-moving environment, demonstrated resourcefulness in setting priorities* Title license or ability to obtain within 90 days (except in AZ)* Notary or ability to obtain within 30 days* Demonstrated effective customer service experience to a diverse audience to enhance service delivery* Carries out duties in compliance with all federal and state regulations and guidelines* Complies with all company and site policies and procedures* Remains current in profession and industry trends* Makes a positive contribution as demonstrated by:* Making suggestions for improvement* Learning new skills, procedures and processes* Is available for overtime as neededEDUCATION and/or EXPERIENCE* Must have high school diploma or general education diploma (GED)* Knowledge of title industry software, RamQuest preferred* Familiar with title and escrow regulations in the state where employed* Familiar with E-Recording where applicable, Simplifile preferred* Successfully completes regulatory and job training requirements* Computer skills:* Enter data into computer using software applications for data entry and word* processing* Work and be proficient with e-mail systems* Industry experience using the MS Office suite of applications including Word,* Excel, and Outlook in the preparation and execution of your duties and* responsibilities* Ability to perform repetitive tasks while maintaining speed of work and attention to detail without loss to production* Ability to work with others in a team environmentThe job demands described here are representative of those that must be met by an employee to successfully perform the functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with the job. It is intended to be a reflection of those principal job elements essential for recruitment and selection, for making fair job evaluations and for establishing performance standards. The percentage of time spent performing the various job duties is not absolute. The incumbent shall perform all other functions and/or be cross trained as shall be determined by the sole discretion of management, who has the right to amend, modify, or terminate this job in part or in whole. This document is not a contract for employment.

Keywords: Title Abstract Company of Pennsylvania, Strongsville , Escrow Officer, Other , Strongsville, Ohio

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