Commercial Escrow Officer

Old Republic Title; Phoenix (AZ); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

401(k) plan

Life insurance

Paid time off

11 Company paid holidays per year

Health/dental/vision plans

Job summary

Old Republic Title in Phoenix is seeking a Commercial Escrow Officer to close commercial transactions, coordinate multi-site deals, supervise escrow staff, and ensure the highest quality of title and closing services for clients.

Key duties include preparing settlement statements, reviewing escrow instructions, initiating and approving wires, recording documents, managing post-closing escrows, and coordinating local recordings across sites, while maintaining regulatory compliance and exceptional

Qualifications

• Proven commercial escrow closing experience is required.
• Excellent verbal and written communication skills are essential.
• Strong attention to detail and organizational abilities.
• Proficiency in Microsoft Office and Outlook is expected.

Responsibilities

• Close commercial transactions and prepare settlement statements.
• Oversee escrow staff and coordinate with underwriters.
• Coordinate local recordings and post-closing functions.
• Maintain regulatory compliance and deliver high levels of customer service.

Skills

Commercial Escrow Closing experience

Verbal and written communication

Attention to detail

Microsoft Office proficiency

Tools

Microsoft Office

Outlook

Job description

Job Description

WESTERN TITLE DIVISION

A Commercial Escrow Officer is responsible for closing, commercial single-site transactions; commercial multi-site refinance and sale transactions; for accounting and escrow functions; for answering inquiries from customers and staff on pending transactions; and for maximum levels of customer satisfaction in the providing of title and closing services.

Essential Functions

• Closing of commercial transactions including but not limited to preparation of settlement statements, review of escrow instructions, adhering to local closing customs, initiating wires and approving wires as needed, recording documents, trial balance maintenance.
• Responsible for oversight of escrow assistant(s)
• Support Title and Escrow Administrator as needed
• Work with underwriting staff and Escrow Administrator on closing and post-closing functions
• Coordinate local recordings
• Manage post-closing escrows
• Transaction accounting
• Ability to work from 8:00 a.m. to 5:00 p.m. Monday through Friday
• Ability to supervise assistants and support staff, as necessary;
• Ability to prioritize, organize and handle multiple site projects and portfolios;
• Be responsible for the management of revenue
• Must be personable, positive and a professional representative of the Company
• Regular consistent attendance is required
• Ability to accept supervision
• Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along and interact with others, i.e., peers, supervisors, outside customers, and vendors, by email, phone and in person
• Ability to work overtime as requested and approved by supervisor

Knowledge/Skills/Experience Required

• Proven Commercial Escrow Closing experience required
• Excellent verbal and written communication skills
• Excellent interpersonal and customer service skills
• Ability to prioritize and handle multiple projects
• Strong attention to detail and organizational skills
• Proficient in Microsoft Office and Outlook

Physical/Mental Demands

• Ability to perform under pressure and be flexible with disruptions throughout the workday
• Must be able to work approved and requested overtime, by supervisor

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.

Old Republic Title is an Equal Opportunity Employer