What are the responsibilities and job description for the Escrow Auditor Assistant position at Monteith Abstract & Title Company, Inc.?
Summary
The escrow auditor assistant is responsible for assisting in reconciling all escrow bank accounts and underwriting premium split payments. They ensure compliance with all regulatory requirements and assist the Escrow Auditor in handling auditing internally and with the Texas Department of Insurance and all underwriters. This position is responsible for assuring integrity and accuracy in all Monteith’s escrow accounts.
Essential Duties & Responsibilities
• Reconcile monthly underwriter payments. Research any conflicting premiums and/or endorsements and resolve discrepancies.
• Reconcile all escrow bank accounts throughout the month.
• Manage the Zoccam bank account and transfer funds as needed for each escrow office.
• Perform 3-way reconciliations for each bank account.
• Upload Positive Pay and work exemptions for applicable bank accounts.
• Maintain up-to-date signature cards for all escrow bank accounts.
• Maintain wire agreements for all escrow bank accounts.
• Order check stock and deposit slips and manage inventories for all offices.
• Approve wires for offices as needed.
• Assist all escrow offices with questions regarding TDI requirements/regulations as they pertain to funding.
• Ensure all offices remain in compliance with TDI requirements.
• Handle transferring funds between escrow accounts as needed.
• Compile all annual escrow audit information.
• Compile the yearly Unclaimed Property Report, including escheating outstanding checks for all offices to the state.
• Research and handle all fraud cases. Update the company fraud spreadsheet with new underwriting alerts.
• Handle tax payments, receipts, and research any claims or outstanding/active suits.
• Adheres to company policies and guidelines
• Undertaking various job-related tasks as assigned, demonstrating flexibility and willingness to support the team’s objectives.
Qualifications
EXPERIENCE
• Three to five (3-5) years of title insurance auditing and/or directly related experience in accounting, banking, or the financial industry. Preference for experience in banking or deposit operations.
EDUCATION
• A high school diploma or GED is required.
• A bachelor’s degree in accounting or a business-related field, or equivalent work experience and knowledge preferred.
SKILLS
• Communication: The ability to write and speak effectively using appropriate conventions based on the situation; actively listens to others, asks questions to verify understanding, and uses tact and consideration when delivering feedback to others.
• Organization: Uses time efficiently by prioritizing and planning work activities.
• Integrity and Respect: Demonstrates the utmost level of integrity in all instances and shows respect towards others and company principles.
• Judgment: Demonstrates ability to make independent and sound decisions in all situations.
• Teamwork: Shares key information with others involved in a project or effort, works in harmony to accomplish objectives, responds with enthusiasm to directives, and shows support for departmental and organizational decisions.
• Quality: Sets high standards and measures of excellence to ensure quality assurance in every aspect of work performed.
• Accountability: Takes personal responsibility and ownership for adhering to all company policies and procedures while also completing work promptly and by performance expectations.
• Customer Service: The ability to demonstrate a series of activities designed to enhance the level of customer satisfaction.
• Interpersonal Communication: Writes and speaks effectively based on the psychological, relational, situational, environmental, and cultural dynamics within the situation.
• Manages Change: Demonstrates effectiveness and flexibility with changing environments, responsibilities, tasks, and people.
• Attention to Detail: Follows detailed procedures to ensure accuracy in data entry and reporting.
• Problem Solving: Identifies and resolves issues promptly by gathering and analyzing information skillfully.
• Job Knowledge/Technical Knowledge: Demonstrates a sound working knowledge of current role and the technical systems, applications, and equipment used in performing this role, and understands the impact this role has on other business functions within the organization.