Escrow Loan Closer Sr
About The Position
Description Summary: The Escrow Loan Closer Sr will coordinate the preparation of loan closing packages for large commercial transactions, including entry of settlement statements pursuant to the loan closing instructions, collection of data for completion of the settlement statement, cutting checks and disbursing funds. Duties & Responsibilities: Demonstrate technical mastery of the title insurance product line as well as title related products. Provide mentorship, training and coaching to less experienced staff. Assists in the development and implementation of customer service standards. Communicate with all parties and/or legal counsel for all parties involved in a real estate transaction in order to schedule closing and collect information pertaining to the closing. Clear title commitments of items that affect the ability to issue title insurance policy. Prepare closing statements and title company documentation in a timely manner for closing. Balance files in preparation for disbursing h. Disburse transactions according to settlement statement and instructions of the parties. Communicate with title insurance company underwriters regarding complex title related issues and obtain approval as appropriate. Take ownership of client inquiries and follows through to resolution. Review title related documents and issues making decisions independent of manuals using commonly accepted industry practices. Other duties as assigned.
Requirements
- High School diploma
- 5+ years of Real Estate Title Company or Insurance industry experience with a focus on title work administration
- Must possess Ohio title insurance agent license
- Must be willing to obtain license for Indiana and Michigan if not already licensed
Nice To Haves
- Excellent written and oral communication skills
- Intermediate experience in Excel and experience with Microsoft Office products
Responsibilities
- Coordinate the preparation of loan closing packages for large commercial transactions
- Entry of settlement statements pursuant to the loan closing instructions
- Collection of data for completion of the settlement statement
- Cutting checks and disbursing funds
- Demonstrate technical mastery of the title insurance product line as well as title related products
- Provide mentorship, training and coaching to less experienced staff
- Assists in the development and implementation of customer service standards
- Communicate with all parties and/or legal counsel for all parties involved in a real estate transaction in order to schedule closing and collect information pertaining to the closing
- Clear title commitments of items that affect the ability to issue title insurance policy
- Prepare closing statements and title company documentation in a timely manner for closing
- Balance files in preparation for disbursing h
- Disburse transactions according to settlement statement and instructions of the parties
- Communicate with title insurance company underwriters regarding complex title related issues and obtain approval as appropriate
- Take ownership of client inquiries and follows through to resolution
- Review title related documents and issues making decisions independent of manuals using commonly accepted industry practices
- Other duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
High school or GED
Number of Employees
5,001-10,000 employees
