Commercial Escrow Assistant

Old Republic International; Dallas (TX); On-site; USD 36,000 - 52,000; Full time

Benefits offered by this job

Medical, dental, and vision plans

401(k) plan with company match

Paid time off

Job summary

Old Republic Title in Dallas, TX is seeking a Commercial Escrow Assistant to support Escrow Officers and teams on commercial and residential transactions. You will handle opening orders, lien releases, demands, commitments, surveys, and prepare closing documents and disclosures.

You will work in-office, collaborate with principals, lenders, agents, and other parties, and develop your skills in signing coordination, funding packages, and regulatory compliance while delivering high-quality

Qualifications

• Able to follow procedures and maintain accurate records through transaction files.
• Strong understanding of accounting principles (debits and credits).
• Basic knowledge of escrow, closing documents and terminology.
• Notary commission preferred.

Responsibilities

• Provides production and processing support to escrow team on refinance and sale transactions.
• Prepare closing statements and disclosures in accordance with regulations.
• Schedule signings and coordinate notary service.
• Ensure accurate funding packages and conditions for lender funds.
• Document all actions for transaction files.

Skills

Communication

Attention to detail

Customer service

Team collaboration

Notary

Job description

CENTRAL TITLE DIVISIONJob Description:We are seeking a Commercial Escrow Assistant with experience with Commercial Unit Support to include terminology, communication methods, and client expectations. You will be responsible for providing support to Escrow Officer(s) and team(s) (Commercial and Residential) by completing key responsibilities and requirements of the role.*This will be an in-office position in our Dallas, TX office*Key Responsibilities on a regular basis: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.With mentorship and support beginning to evolve their proactive problem-solving skills.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 (as available and applicable).Is evolving skills to 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. Is evolving skills 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.Is evolving skills to conduct signings of documents with customers.Prepare funding packages, provide conditions, receipt in lender funds.Is evolving skills to 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 on basic commercial transactions. 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.Upload all documents in appropriate category in the electronic filing system.Attends industry or real estate functions representing the Company as directed/approved by management.Provides training and support to peers (transfer of industry knowledge and skills), guiding them to reach maximum efficiency and production.Requirements to be successfulCommunicates professionally, actively listens, and is respectful in written, verbal, and non-verbal communications (mindful of body language, gestures, etc.), and is recognized by business partners, internal and external customers, peers, direct reports, and leaders as a collaborative partner.Fully executes and delivers on projects and initiatives in alignment with current role.Stays current with regulations, procedures, and policies by using emerging technologies, learning resources, professional relationships, and other resources.Must be a personable, positive, and professional representative of the Company.Always maintain the highest level of customer service.Thoroughly documents all conversation and actions on a transaction file to ensure clarity, accountability, and transparency in all transactions.Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.Ability to accept supervision and direction, as well as constructive feedback.Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.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 endorsementsBasic to Intermediate knowledge of escrow, closing documents and terminology.Notary commission preferred.#LI-MO1Benefits may include:Comprehensive medical, prescriptions, dental and vision plans401(k) plan with a discretionary company matchShareholder Purchase and Reinvestment PlanBasic life and accidental death and dismemberment insurance premium paid by the companyVoluntary supplemental life insurance for employees, spouses and dependent childrenFertility and Family Building BenefitsPaid Disability benefitsPaid time off programs11 Company paid holidays per yearFlexible spending accountHealth savings account (available to High Deductible Health Plan participants only)Employee Assistance ProgramEducational Assistance ProgramVoluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident InsuranceTitle insurance policies and certain escrow services for the employee’s primary personal residence at no chargeTransportation benefit plan for mass transit, parking and vanpool, in several marketsNote: 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 NoticeOld Republic Title is an Equal Opportunity Employer