Commercial Escrow Assistant

Old Republic Title•Minnetonka, MN

56d•$26 - $33

About The Position

As a Commercial Escrow Assistant at Old Republic Title, you will play a vital role in the seamless execution of real estate transactions, ensuring that every step is meticulously managed with precision and care. You will be entrusted with the responsibility of opening, processing, and closing refinance and sale transactions under the guidance of experienced professionals. Your role will require you to communicate effectively with lenders, principals, realtors, co-workers, and other department personnel, ensuring that everyone is informed and aligned throughout the process. This employee is responsible for assisting in the coordination and closing of commercial single-site transactions and multi-state refinance and sale transactions under the direct supervision of a VP and Underwriting Counsel; Escrow Officers and Escrow Manager; for accounting and escrow functions; for answering inquiries from customers and staff on pending transactions; and for maximum levels of customer satisfaction in the providing of title and closing services. The above statements reflect the principal function and most significant duties of the job and shall not be construed as a detailed description of all the work requirements that are inherent in the job.

Requirements

3+ years escrow experience (Commercial experience preferred)
Excellent verbal and written communication skills
Excellent interpersonal and customer service skills
Ability to prioritize and handle multiple projects
Strong attention to detail and organizational skills
Proficient in Microsoft Office and Outlook
Ability to work from 8:00 a.m. to 5:00 p.m. Monday through Friday
Ability to prioritize, organize and handle multiple site projects and portfolios
Be responsible for the management of revenue
Must be personable, positive and a professional representative of the Company
Regular consistent attendance is required
Ability to accept supervision
Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along and interact with others, i.e., peers, supervisors, outside customers, and vendors, by email, phone and in person
Ability to work overtime as requested and approved by supervisor.

Responsibilities

Assist escrow officers with all commercial closing functions, including but not limited to preparation of settlement statements, review of escrow instructions, adhering to local closing customs, confirming wire instructions, initiating wires and approving wires as needed, recording documents, trial balance maintenance.
Assist title coordinators in the placement of title orders to the field and to the customer.
Support Title and Escrow Manager as needed.
Work with underwriting staff and Escrow Manager on closing and post-closing functions.
Coordinate local and national recordings.
Manage post-closing escrows.
Transaction accounting to include payments to agents; payments to local offices, booking fees to NCTS office.
Assist department with other administrative responsibilities.
Performs all other duties as assigned by Escrow Officers or Escrow Manager

Benefits

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