Commercial Escrow Officer

Old Republic National Title Insurance•Chicago, IL

23d•$40 - $52

About The Position

A Commercial Escrow Officer is responsible for closing, commercial single-site transactions; commercial multi-site and multi-state refinance and sale transactions under the direct supervision of a Senior VP and Underwriting Counsel; 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.

Requirements

Proven 5-7 years Commercial Escrow Closing experience required
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

Responsibilities

Closing of commercial transactions including but not limited to preparation of settlement statements, review of escrow instructions, adhering to local closing customs, initiating wires and approving wires as needed, recording documents, trial balance maintenance.
Responsible for oversight of escrow assistant(s)
Support Title and Escrow Administrator as needed
Work with underwriting staff and Escrow Administrator 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
Ability to work from 8:00 a.m. to 5:00 p.m. Monday through Friday; or as agreed to with NCTS Manager
Ability to supervise assistants and support staff, as necessary;
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.

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