Junior Underwriter

Blue Owl Capital Holdings•Chicago, IL

9d•Remote

About The Position

Title coordinators/underwriting assistants manage the administrative and operational steps of the real estate title process. Reviewing commitments, helping clear title defects and/or requirements and tracking workflow pipelines. This position will work closely with other members of the underwriting team and management to oversee and coordinate transactions involving assets in one or more states. Responsible for communication with buyers, sellers, lenders, underwriters and escrow teams to ensure smooth real estate closings.

Requirements

National commercial transaction experience
5+ years in title industry in title and/or escrow
Proficient in Softpro, Excel, Adobe and Word
Comfortable in a fast-paced environment
High level of organizational skills
Highly effective verbal and written communication skills
Ability to multi-task and be proactive
Open minded to process changes, continuous system updates and enhancements
Positive attitude and a team player

Responsibilities

Perform required support functions for title underwriters and leadership
Maintain and amend orders, calendars, reports, commitments and proformas as requested
Review purchased commitments from external underwriters for accuracy and update clearance tracker accordingly
Order tax and title continuations for closing
Prepare proformas as instructed by underwriters
Work directly with underwriting, production and customers to ensure the accuracy and completeness of all files
Prepare and maintain tracking charts for commitments, proformas, policies, etc.
Review commitment requirements and exceptions to prepare and maintain status of matters and update tracking charts
Monitor and oversee satisfaction and completion of requirements and clearance matters
Prepare affidavits and other deal forms as requested or directed by senior team members
Open orders in software systems and ensure all required fields are completed
Create invoices for licensed state transactions and workshare invoices for national deals
Maintain pipelines of deals
Review escrow instructions and closing checklists
Coordinate earnest money deposits, escrowed funds, with escrow offices and transaction parties
Support post-closing activities including recording and final policy issuance
Upload documents to document repository and software system
Timely and friendly response to customer emails
Communicate and coordinate with outside parties such as underwriters, external underwriters, counsel, clients on transaction related matters
Assist with and oversee the collection, organization and assembly of closing documents and coordination of closings and closers as necessary
Willingness to memorialize work flows and train future colleagues