Escrow Officer

Company: States Title
Location: Rochester
Posted on: February 25, 2021

Job Description:

Meet North American TitleNorth American Title Company (NATC) is a seasoned Real Estate settlement company with over 60 years of expertise. Through its family companies - North American Title Insurance & States Title - we are able to impact 90% of real estate transactions in the U.S.With support from NATC, States Title is intelligently transforming the closing process by applying machine intelligence to the age-old processes and procedures in the $25B Title and Settlement industry. As we partner and innovate, we are making residential real estate simple and efficient by allowing lenders to close more loans, faster, and at a lower cost. Our team is rapidly expanding coverage and introducing groundbreaking predictive title solutions. We expect to have 90% of the country online by the end of this year! This industry is only growing and we are ambitious enough to dare and keep up!Our Values* Customer Obsessed - We always put our customers first* Solution Driven - We solve problems that other people are afraid to* People leaders - We grow all our people into leaders* One Team - We believe inclusion and teamwork produce the best results* Direct with Respect - We communicate with honesty and respect to our colleagues, customers, and partnersThe OpportunityPreparation of all documents associated with the processing and closing of escrow, conveyance of title, recording of documents, clearing of title requirements and issuance of title insurance. Interviews escrow principals to obtain pertinent facts, directs the prepara--tion of escrow instructions, drawing of documents, issuance of title policies and the 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. Develops and maintains business by the extensive application of basic marketing and customer service techniques.* MUST have a book of business* 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* Draws instructions and supporting documents for signing* Audits and closes file when all funds and documents are received* 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* Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items* Preparation of settlement statements showing detailed breakdown of escrow, title, loan, brokers' commis--sions and other changes. Requests the issuance of title policies or other evidence of title* Trains, supervises, guides, and assigns and reviews the work of one or more escrow technicians, assistants, secretaries and/or receptionists. Assists in training escrow officers* Maintains confidentiality of all proprietary information and escrow transactions* Understands and complies with escrow accounting procedures and Good Funds Law* Develops and maintain clientele by effective solicitation of business* Attends client and business development functions. Represents company in public, customer and community relations activities. Attends client luncheons, dinners, realty board meetings and company tours, makes speeches and presents prepared educational programs to client and other interested groups. Above all, we are a dynamic team looking for energy and a results driven mindset to provide unique value as we transform the Title and Insurance processes!What you should bring to the table as our Ideal Escrow Officer:* Three Year responsible Escrow Officer Experience* Basic terminology and documents related to title and escrow* Customer service techniques* Organizational & Math Skills* Business writing skills and basic English grammar and spelling* Capable of processing standard sale, subdivision, loan only, exchange, and commercial escrows without assistance* Identifying, obtaining, reading detail relevant to escrow* Operating desktop computers and common software* Being productive, efficient and meeting deadlines in a high volume environment* Establishing and maintaining effective working relationships* Title Agent License preferredWhat NAT Brings To The Table* Benefits for Full-time Employees including: medical, dental, vision, commuter benefits, as well as many other cutting edge employee options not typically found on the market* Trusting and motivating management as a result of a unique company culture* Continuous training and growth opportunities* A company partnered with Giants of the industry to support your successWe believe in Equal OpportunityWe are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.#CB

Keywords: States Title, Rochester , Escrow Officer, Other , Rochester, Minnesota