What are the responsibilities and job description for the Centralized Processing Specialist position at Proliant Settlement Systems LLC?
We are looking for a skilled and detail-oriented Centralized Processing Specialist to join our title Centralized Processing team. The Centralized Processing Specialist will be responsible for managing and processing escrow transactions for multiple title agencies, ensuring accuracy and compliance with all regulatory and contractual requirements. This role involves coordinating with clients, lenders, real estate agents, and internal teams to facilitate smooth and timely closings. The ideal candidate will have strong organizational skills, a solid understanding of escrow processes, and excellent attention to detail.
Key Responsibilities:
- Manage and process escrow transactions from initiation through closing, ensuring all required documents and funds are accurately handled.
- Review and verify escrow instructions, purchase agreements, and other transaction documents to ensure compliance with legal and contractual requirements.
- Coordinate with clients, lenders, real estate agents, and other stakeholders to gather necessary information and documentation for each transaction.
- Prepare and review escrow documents, including settlement statements, closing disclosures, and other related paperwork.
- Monitor and track transaction progress, ensuring that all deadlines are met and that any issues are addressed promptly.
- Disburse escrow funds according to the terms of the contract and ensure accurate recording of all transactions.
- Conduct final reviews of closing documents to verify accuracy and completeness before distribution.
- Address and resolve any discrepancies or issues related to escrow transactions, working closely with title officers and other internal teams as needed.
- Maintain accurate and organized records of all escrow transactions, including documentation and correspondence.
- Ensure compliance with federal, state, and local regulations, including RESPA, TRID, and other applicable guidelines.
- Provide exceptional customer service by answering client inquiries, providing updates on transaction status, and addressing any concerns or issues.
- High school diploma or equivalent required.
- 2-4 years of experience as an Escrow Processor or in a similar role within the title or real estate industry.
- Strong understanding of escrow processes, title insurance, and real estate transactions.
- Proficiency with escrow and title software (e.g., SoftPro, RamQuest, or ResWare) and Microsoft Office Suite.
- Excellent organizational skills with the ability to manage multiple transactions and deadlines simultaneously.
- High attention to detail and accuracy in preparing and reviewing documents.
- Strong communication and interpersonal skills, with the ability to effectively interact with clients, lenders, agents, and other stakeholders.
- Ability to resolve issues proactively and work under pressure in a fast-paced environment.
Preferred Qualifications:
- Certification in escrow processing or related fields.
- Experience with both residential and commercial escrow transactions.
- Familiarity with industry best practices and emerging trends in escrow services.
- Knowledge of federal and state regulations governing real estate transactions, including RESPA and TRID.