Experienced Escrow Closer

Security Title Insurance Agency, LLC; Belleville (NJ); On-site; USD 50,000 - 70,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Life and disability insurance

Paid holidays and vacation

401(k) with employer matching

Employee stock purchase plan

Job summary

Benchmark Title is seeking an experienced Escrow Closer to join their team. The role focuses on overseeing the escrow process for real estate transactions, preparing and delivering escrow documents, and resolving title issues to ensure smooth closings.

The position requires analyzing escrow requirements, reviewing and approving documents, managing closings, and coordinating with lenders, buyers, sellers, and agents to meet deadlines and provide excellent service.

Qualifications

• Must have a high school diploma or equivalent.
• Missouri Department of Insurance license or ability to meet the requirements for Missouri Department of Insurance licensing is required.
• Notary Public is required or ability to meet the requirements.
• Must have basic computer skills with proficiency with Microsoft Word and Excel.
• Must meet ongoing Continuing Education requirements.
• Closer must have excellent customer service skills with both internal and external customers.

Responsibilities

• Prepares Closing Disclosure & Settlement statements with accurate prorations/adjustments including taxes, HOA fees, payoff of liens.
• Closers must comply with terms of real estate contracts and amendments.
• Determines escrow requirements by reviewing buyer, seller, and lender instructions; orders title reports and resolves title defects.
• Completes closing documents, reviews papers with parties, explains provisions and procedures, checks for completeness and accuracy.
• Balances and disburses funds; ensures funding requirements are met and regulatory requirements are adhered to.
• Other duties as assigned.

Skills

Customer service

Time management

Communication

Education

High school diploma or equivalent

Tools

Microsoft Word

Microsoft Excel

SoftPro

Job description

Position Overview:

Benchmark Title is seeking an experienced Escrow Closer to join their dynamic team. This role is perfect for someone who is eager to achieve success by providing superior service and quality. As an Escrow Closer, you would be responsible for overseeing the escrow process for real estate transactions, which includes preparing, executing, and delivering escrow documents. Building strong client relationships is crucial, as you'll need to determine escrow requirements and ensure all title issues are resolved for smooth transactions.

Your responsibilities will also include reviewing and approving escrow documents, managing closings, and addressing any client questions or concerns. You will be balancing escrow funds and coordinating with the funding team to ensure precise disbursement of funds. You will need to collaborate with various stakeholders such as lenders, buyers, sellers, and real estate agents to ensure everything runs seamlessly and on time.

Location:

• This a full-time on-site position at our Shiloh, IL location.
• Ability to attend to conferences and events, which may require travel to St. Louis area.

Duties & Responsibilities

• Prepares Closing Disclosure & Settlement statements with all accurate prorations/adjustments including but not limited to real estate taxes, sewer, water, trash, subdivision or HOA fees, payoff of any liens as evidenced by title search.
• The closer must comply with all terms of the real estate contract and/or amendments.
• The closer determines escrow requirements by reviewing and clarifying buyer, seller, and lender instructions. Obtains clear title by ordering title reports, resolving title defects, satisfying existing liens and encumbrances against property or principals.
• Completes the closing transaction documents by assembling documents, reviewing papers with parties, explaining provision and procedures, checking documents for completeness & accuracy.
• Once the file is closed, the closer is responsible for satisfying all funding requirements prior to depositing and disbursing the funds. Complies with regulatory requirements by adhering and enforcing requirements.
• Other job responsibilities as assigned.

Minimum Requirements:

• Must have a high school diploma or equivalent.
• Missouri Department of Insurance license or ability to meet the requirements for Missouri Department of Insurance licensing is required.
• Notary Public is required or ability to meet the requirements.
• Must have basic computer skills with proficiency with Microsoft Word and Excel.
• Must meet ongoing Continuing Education requirements.
• Closer must have excellent customer service skills with both internal and external customers.

Preferred Experience:

• Requires ability to work independently and or within a team structure.
• Must have the ability to recognize the need to upscale matters when necessary.
• Positive, clear communication skills and strong organizational and time management skills.
• Ability to work in a fast-paced environment with a willingness to adapt quickly.
• Prior knowledge of SoftPro software, a plus.
• Prior knowledge and experience with real estate transaction closings and title industry is helpful but not required.
• Applicants with portable book of business will be given preference for position.

COMPENSATION and BENEFITS:

This position has the potential to earn compensation in the range of $50,000 - $70,000 based on location and job-related factors such as skill set and experience. Actual rate may vary within the range provided, depending on a number of factors, including skillset, experience and location. The base compensation is one component of the total rewards package offered to our employees, including optional health and welfare insurance including:

• Medical insurance.
• Dental insurance.
• Vision insurance.
• Life and disability insurance.
• Paid holidays, vacation, and sick time off.
• 401(k) with employer matching.
• Employee stock purchase plan with employer matching.

EQUAL OPPORTUNITY POLICY:

FNF, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.