Commercial Coordinator

CRC Group•Chicago, IL

6d•Onsite

About The Position

The position is responsible for handling large volumes of files for NY & National Commercial transactions. Attention to detail, great communication skills (verbal & written), great organizational skills, and the ability to multi-task in a fast-paced environment are essential for success in this position. The role serves as the point of contact for all parties to the transaction including, underwriters, clients and their respective counsel, lenders, brokers and third-party vendors. The Commercial Coordinator will review title insurance products such as commitments, pro-formas, policies and endorsements with support of in-house legal team or agency counsel if necessary. They will work with Buyer/Seller and Lenders to clear and close transactions, and assist the Underwriter and Coordinators in preparing invoices on deals. A firm understanding of Title bills and Title policies is required. The role involves analyzing and reviewing Purchase/Sale Agreements to ensure compliance with all terms and conditions, and to prepare closing statements. The Commercial Coordinator will confirm financial figures with all parties involved in the closing transactions and respond to and resolve all client and third-party inquiries in a timely manner.

Requirements

Extensive experience with National or NY commercial transactions
Firm understanding of Title bills and Title policies.
Experience with national commercial transactions, firm understanding of compliance and settlement including disbursements and funding.
Candidates with experience and strong knowledge of Title Insurance are encouraged to apply.
5+ plus years of experience
Great time management skills
Outstanding work ethic with the ability to work in both team oriented and self-directed environments.
Detail-oriented and professional; able to handle confidential information.
High level of accountability
Customer service oriented
Creative problem-solving skills
Ability to communicate effectively (written and verbal).
Ability to work in a fast-paced environment and handle multiple tasks simultaneously

Nice To Haves

Knowledge of SoftPro Select a plus

Responsibilities

Serve as the point of contact for all parties to the transaction including, underwriters, clients and their respective counsel, lenders, brokers and third-party vendors.
Review title insurance products such as commitments, pro-formas, policies and endorsements with support of in-house legal team or agency counsel if necessary.
Work with Buyer/Seller and Lenders to clear and close transactions.
Assist Underwriter and Coordinators in preparing invoices on deals.
Analyze and review Purchase/Sale Agreements to ensure compliance with all terms and conditions of the same.
Review Purchase/Sale Agreements to prepare closing statements
Confirm financial figures with all parties involved in the closing transactions.
Respond to and resolve all client and third-party inquiries in a timely manner.