Escrow Assistant

WESTERN TITLE DIVISION

Job Description:

The role of the ESCROW ASSISANT is to provide support to our Escrow Officer(s) and team by completing key responsibilities and requirements of the role. 

Some of the responsibilities my include:

• Provides production and processing support to escrow team(s) on refinance and sale transactions including opening orders, clearing liens, ordering demands, distributing commitments/preliminary reports, and ordering surveys as applicable.
• Communicates and confirms information about a transaction with principals, agents, lenders and/or other parties.
• Verifies and reviews all information in the preliminary report/title commitment while clearing title requirements by researching discrepancies, obtaining lien releases, and clearing any other encumbrances.                                                                                                  
• Task to Central Processing Unit, Title and team members
• Prepare required documents and/or instructions and prepare closing statements and disclosures. (i.e., settlement statements, tax reporting, etc.) detailing the accounting of the transaction in accordance with all state and federal regulatory requirements.
• Determine we have met all escrow/title conditions required by principals, lenders, agents and/or counsel on behalf of principals and lenders as represented by the parties, as directed by unit lead.
• Schedule appointments, assemble documents for signing for both in office signings and out of office signings including coordination of mobile notary services.
• Learn to conduct signings of documents with customers.
• Prepare funding packages, provide conditions, receipt in lender funds. 
• Assemble and submit completed Policy Write Up instruction to the Title Department. This includes reviewing all documents to be recorded for accuracy and completeness.
• Process and disburse refinance and sale transactions with supervision as defined by management.                                 
• Correctly calculates the Company’s fees, charges, and title premium(s) pursuant to the applicable rate rules and guidelines regarding filed or posted rates applicable to the county and state. Entry level of competency to use and interpret these resources to independently calculate fees, charges, and premiums on transactions beyond the automated and/or provided fee calculator tools and resources. 

Knowledge and Skills to be successful:

• Ability to adopt and adapt to changing industry trends, business skills and technology including facilitation and support for the staff to do the same. Will support, cooperate, engage, and contribute to Company goals, projects and initiatives related to technology, production processing standards to meet business needs.
• Continues escrow education through company training webinars/seminars/meetings.
• Must have a basic understanding of accounting principles (debits and credits).
• Entry level knowledge of title insurance policies, and endorsements
• Basic to Intermediate knowledge of escrow, closing documents and terminology.
• Notary commission preferred.

#LI-MB1

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position's Pay Range:

$28.00 - $34.00

Benefits may include:

• 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

Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer