Escrow Processing Officer

Growing Title Insurance Agency headquartered in Bloomington, Illinois is seeking a highly motivated and hardworking individual as an Escrow Processing Officer.

Position Summary:

The Escrow Processing Officer's primary function is to effectively analyze and organize all necessary documents needed to process closing packages. This role works closely with customers to obtain necessary information, and communicates with all parties throughout the transactions to coordinate the closing. The candidate needs to possess strong organizational and communication skills and must be able to operate in an environment with tight deadlines and strict standards.

Responsibilities/Duties:

• Determines escrow requirements by verifying buyer, seller, and lender instructions including clearing exceptions to title.
• Familiar with state city specific requirements.
• Closely reviews lender instructions.
• Obtains clear title by ordering title reports, resolving title defects, satisfying existing liens and encumbrances against property or principles
• Completes calculations by prorating taxes and interest specific to the purchase agreement
• Familiarity with seller concessions and has ability to work through a file to obtain funding from lender.
• Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
• Schedules closings by reviewing title commitment to ensure file is clear to close
• Respond to inquiries from customers, attorneys, agents and brokers.
• Provides support to the preparation of policies and commitments.

Specific Knowledge & Skills:

• Proficient with RamQuest Complete Closing Enterprise software and/or similar title insurance software is necessary.
• Must be intimately familiar with the construction Post-TRID CD, Buyer/Seller documents, Deeds, etc.
• Understanding of Microsoft Office suite and/or Google apps
• Familiar with the standard concepts, practices and procedures of the escrow and title process.
• Detailed oriented and professional; able to handle confidential information.
• Strong communication, both written and verbal.
• Financial and documentation skills.
• Title Agency handles significant business with high producing real estate agents and mortgage professionals, so you must have excellent communication skills on all levels within and outside of the organization.
• Must take pride in quality work and excellent service.
• Must have a positive outlook.
• Must be a team player with a can-do attitude.
• Must be a professional with uncompromising ethics

Experience

• Prior title insurance or lending experience with at least 2 years in escrow work is preferred.
• Applicant must be familiar with the escrowing of purchase transactions. Refinance transaction experience is appreciated; however familiarity with purchase transaction experience is required.

Benefits Available:

• Healthcare
• Dental
• Vision
• Retirement Plan

Salary commensurate with experience and qualifications

Job Type: Full-time

Experience:

• Microsoft Office: 3 years (Required)
• Transaction: 2 years (Required )
• Insurance: 5 years (Preferred)
• Title Officer: 2 years (Preferred)

Job Type: Full-time

Pay: $18.00 - $25.00 per hour

Benefits:

• Employee discount
• Health insurance
• Paid time off
• Retirement plan

Schedule:

• 8 hour shift

Work Location: In person

Salary : $18 - $25