Title Escrow Loan Closing Team Leader
About The Position
Summary: On-site coordinator for management directives and policies. Responsible for disseminating and tracking information for the team's supervisor. Coordinates preparation of loan closing packages, including closing instructions, collection of final figures for completion of the HUD-1, cutting checks and disbursing funds, necessary to ensure the marketability of loans. Interfaces with closing agents to ensure firm closing dates and accurate completion of loan files. May preside over closing as an authorized representative of the company, ensuring all requirements have been satisfied, including insurance, guarantee, etc. Issues wire fund transfers as required. Assures payoffs are accurate and delivered timely. Works in conjunction with title agent to clear any impeding title matters. Reconciles general ledger escrow account monthly. Duties and Responsibilities: Lead and manage the Title Escrow Loan Closing team Develop and implement closing processes and procedures Ensure compliance with legal and regulatory requirements Collaborate with internal teams to support loan closing activities Oversee the preparation and review of closing documents Address and resolve closing issues and discrepancies Provide training and support to closing staff Stay updated on industry trends and best practices Manage and prioritize multiple closing projects Perform other duties as assigned
Requirements
- High School Diploma
- 3+ years loan closing experience.
Responsibilities
- Lead and manage the Title Escrow Loan Closing team
- Develop and implement closing processes and procedures
- Ensure compliance with legal and regulatory requirements
- Collaborate with internal teams to support loan closing activities
- Oversee the preparation and review of closing documents
- Address and resolve closing issues and discrepancies
- Provide training and support to closing staff
- Stay updated on industry trends and best practices
- Manage and prioritize multiple closing projects
- Perform other duties as assigned
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Credit Intermediation and Related Activities
Education Level
High school or GED
Number of Employees
5,001-10,000 employees
