What are the responsibilities and job description for the Title Escrow Officer position at Victory Title, Inc.?
FULL JOB DESCRIPTIONS
Looking for an individual that is comfortable speaking to small groups. Victory Title is looking for someone to perform closings. (90-day training provided.) Some daily travel required 10-20 miles. Preparation of all documents associated with the processing and closing of escrow, conveyance of title, recording of documents, clearing of title requirements. Observe escrow principals to obtain pertinent facts, directs the preparation of escrow instructions, drawing of documents, and disbursement of funds, and otherwise assists escrow principals, their lenders and/or agents in the consummation of escrows involving the financing or sale of single family and small multi-family residences. Reconciles escrow instructions with commitment and/or preliminary title report.
Responsibilities
- Communicates and coordinates daily responsibilities with the Branch or Escrow Manager.
- Manages time, appointments, and schedule in an efficient manner.
- Effectively communicates in person and on the telephone with clients and customers. Answers customer questions and/or telephone calls concerning status of pending items in the escrow files. Takes proactive approach to providing status updates for Agents (i.e., closing status or information still required to close or title requirements that need to be addressed.)
- Obtains demands/releases to clear title.
- Takes terms and information needed to process escrow.
- Draws instructions and supporting documents for signing.
- Reviews commitment and/or preliminary title report to verify vesting and legal description. Compares exceptions shown in title report with buyers', sellers', and lenders' instructions for possible liens or encumbrances not authorized in escrow or lender instructions.
- Reconciles discrepancies between instructions and title report with title officer and/or principals by modifying escrow instructions or assisting principals in obtaining releases of liens and other encumbrances.
- Directs and may participate in the preparation of settlement sheets showing detailed breakdown of escrow, title, loan, brokers' commissions and other changes.
- Maintains confidentiality of all proprietary information and escrow transactions.
- Understands and complies with escrow accounting procedures.
- Understands and complies with Good Funds Law.
- Refers questionable requests from customers to management for guidance
- Contacts brokers, real estate agents, builders, attorneys, lenders and other customers by telephone and in person to produce a comprehensive Closing Disclosure.
- Other duties and responsibilities as assigned by supervisor.
- Qualifications
- Organizational skills.
- Business etiquette skills.
- Basic terminology and documents related to title and escrow (can be learned on the job).
- Customer service techniques.
- Basic English grammar and spelling.
- Operating desktop computers and common software.
- Compiling data and accurate data entry.
- Eagerness to understand real estate.
- Being productive, efficient, and meeting deadlines in a high-volume environment.
- Establishing and maintaining effective working relationships.
- Public Notary Certificate (can be obtained after employment)
- Title Producer License (can be obtained after employment)
- Ability to handle multiple tasks.
- Ability to communicate well.
- Ability to resolve escrow problems.
- Ability to prioritize and meet deadlines.
Job Type: Full-time
Pay: $45,000.00 - $65,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Ability to Relocate:
- Brownsburg, IN 46112: Relocate before starting work (Required)
Work Location: In person
Salary : $45,000 - $65,000