Transaction Counsel (Hybrid)
About The Position
Join a team that puts its People First! As a member of First American's family of companies, National Commercial Services provides single-point service for simple to multi-property/multi-state national commercial real estate transactions. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for ten consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com. What We Do This position will assume responsibility for coordinating, managing and underwriting national complex, high liability commercial real estate transactions ranging from single site to multi-site commercial real estate transactions. Identify issues and work with customers, attorneys and lenders to resolve title issues impacting title insurability prior to closing. Communicate with clients and third parties to obtain documentation to clear the Schedule B-I title requirements in accordance with internal and external policies and regulations. This role is in office full-time during training then hybrid 1-2 days per week.
Requirements
- Minimum 1 – 3 years experience in title insurance and/or commercial real estate with a focus on closing transactions and resolving underwriting issues.
- Law Degree required
- Licensed to practice law, in good standing
- Proven knowledge and competency in the areas of title fulfillment, escrow/settlement procedures and title insurance principles and procedures as they relate to underwriting and closing national commercial real estate transactions.
- Strong understanding of fundamental concepts, practices and procedures of real estate law/practices, title insurance and settlement process.
- General understanding of underwriting real estate transactions for the issuance of title insurance policies.
- General knowledge of Federal and State regulations related to real estate title insurance and settlement services.
- Ability to successfully manage high-liability single and multi-site commercial real estate transactions.
- Proficiency in Excel with the willingness to embrace technology applications to achieve excellence in customer satisfaction.
- Strong organizational skills with the ability to multi-task, prioritize and timely follow up
- Ability to manage multiple tasks and prioritize work to successfully meet imposed deadlines.
- Must possess detail orientation with proven ability to produce quality, error-free work.
- Confidence and capability to work well under pressure and deadlines.
- Superior customer service skills required.
- Excellent verbal and written communication skills required.
- Must be professional and a team player.
Responsibilities
- Title clearance and satisfaction of commitment Schedule B-I requirements
- Resolution of title comments/objection letters
- Reviewing title/survey comments and underwriting requests
- Negotiation of endorsement/affirmative coverages with NCS Florida underwriters and local field offices
- Prepare pro forma policies and endorsements, title affidavits, escrow agreements
- Prepare quotes for pricing policy and endorsement premium
- Assist with closing by assembling/reviewing closing documents and reviewing closing instruction letters
Benefits
- Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Ph.D. or professional degree
Number of Employees
5,001-10,000 employees
