What are the responsibilities and job description for the Title Officer position at Old Republic Title?
EASTERN TITLE DIVISION
Summary
Job Description:
The Title Officer – National position follows a variety of established industry and company guidelines, concepts, best practices and procedures to determine and execute the most effective and efficient method to support real estate transaction closings. National Commercial Services (“NCS”) transactions characteristically include multiple parties, sites and locations, and involve complex underwriting requirements.
The Title Officer – National position is responsible for confidential and time sensitive material associated with national commercial transaction matters and relies on experience and judgment to plan and accomplish assignments. The position is responsible for ensuring that assigned pre-closing, closing, and post-closing activities are fully completed in an accurate, timely, and legally compliant manner. The Title Officer – National position reviews real estate purchase contracts, title commitments, closing instructions and prepares title commitments, policies and other necessary documents to professionally and accurately conduct real estate closings.
Essential Functions
Benefits May Include
For California applicants, please click the following link to view our CCPA Applicant Notice
Old Republic Title is an Equal Opportunity Employer
Summary
Job Description:
The Title Officer – National position follows a variety of established industry and company guidelines, concepts, best practices and procedures to determine and execute the most effective and efficient method to support real estate transaction closings. National Commercial Services (“NCS”) transactions characteristically include multiple parties, sites and locations, and involve complex underwriting requirements.
The Title Officer – National position is responsible for confidential and time sensitive material associated with national commercial transaction matters and relies on experience and judgment to plan and accomplish assignments. The position is responsible for ensuring that assigned pre-closing, closing, and post-closing activities are fully completed in an accurate, timely, and legally compliant manner. The Title Officer – National position reviews real estate purchase contracts, title commitments, closing instructions and prepares title commitments, policies and other necessary documents to professionally and accurately conduct real estate closings.
Essential Functions
- Provide coordinating oversight as Title Officer to assigned national transactions.
- Liaise with salespersons; communicate effectively, efficiently, and professionally with customers during the course of the transaction.
- Read and examine searches and abstracts of title, prepare title commitments and pro forma and final title policies, including chancery abstracts and surrogate’s court files.
- Assure that all necessary searches have been ordered and order additional searches as necessary.
- Read surveys, review metes and bounds descriptions and address discrepancies, clear title objections, and respond to requests for title clearance.
- Review the title commitment to determine the status of the title, inform all parties of any problems and how to correctly clear them for closing.
- Review and comply with closing instructions from Lenders, Purchasers, Sellers or other parties to the transaction.
- Review or confirm with Recording and National Underwriting that all documents to the transaction have been received, including recordables, are in good form and ensure that addresses, names and legal descriptions are shown accurately.
- Prepare documents for closing and recording, including affidavits and indemnities.
- Follow Company best practice instructions as to verification of wire instructions; secure necessary approvals for “jumbo” and international wires.
- Review file after recording and disbursing for accuracy.
- Verify file is ready to submit for policy.
- Ability to work with confidential information.
- Ability to work from 8 a.m. to 5p.m, Monday through Friday. (Or similar schedule as approved in advance by supervisor)
- Regular consistent attendance is required, that could include attendance at after hour Company events.
- Ability to work overtime as requested and approved by supervisor.
- Must be personable, positive and a professional representative of the Company.
- Ability to interact effectively and professionally with all levels of management, employees and customers by Microsoft Outlook email, phone, Microsoft Teams chat and video calls, and in person.
- Participate in Continuing Education opportunities offered by / assigned by ORT Corporate.
- Hoboken, NJ office
- Regardless of assigned location and work station, all employees will be issued a company laptop and will be expected to be able to work remotely on the occasion that it is not possible to safely be present in the office.
- Minimum 5 years of experience.
- Complete and competent understanding of the residential and commercial title commitment preparation process.
- Ability to prioritize and handle multiple projects.
- Strong attention to detail and organizational skills.
- Proficient in a variety of computer software systems, such as Microsoft Office.
Benefits May Include
- Comprehensive medical, prescriptions, dental and vision plans
- 401(k) plan with a discretionary company match
- Shareholder Purchase and Reinvestment Plan
- Basic life and accidental death and dismemberment insurance premium paid by the company
- Voluntary supplemental life insurance for employees, spouses and dependent children
- Fertility and Family Building Benefits
- Paid Disability benefits
- Paid time off programs
- 11 Company paid holidays per year
- Flexible spending account
- Health savings account (available to High Deductible Health Plan participants only)
- Employee Assistance Program
- Educational Assistance Program
- Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
- Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
- Transportation benefit plan for mass transit, parking and vanpool, in several markets
For California applicants, please click the following link to view our CCPA Applicant Notice
Old Republic Title is an Equal Opportunity Employer
