What are the responsibilities and job description for the National Commercial Title Officer position at Old Republic National Title Insurance Company?
EASTERN TITLE DIVISION Job Description: This is a great opportunity with our National Commercial Services team in Hoboken NJ. We have a great team that does exciting work, in an easily accessible office with great views. Location: Hoboken, NJ The Title Officer – National position follows a variety of established industry and company guidelines, concepts, best practices and procedures to determine and execute the most effective and efficient method to support real estate transaction closings. National Commercial Services (“NCS”) transactions characteristically include multiple parties, sites and locations, and involve complex underwriting requirements. The Title Officer – National position is responsible for confidential and time sensitive material associated with national commercial transaction matters and relies on experience and judgment to plan and accomplish assignments. The position is responsible for ensuring that assigned pre-closing, closing, and post-closing activities are fully completed in an accurate, timely, and legally compliant manner. The Title Officer – National position reviews real estate purchase contracts, title commitments, closing instructions and prepares title commitments, policies and other necessary documents to professionally and accurately conduct real estate closings. RESPONSIBILITIES Provide coordinating oversight as Title Officer to assigned national transactions. Liaise with salespersons; communicate effectively, efficiently, and professionally with customers during the course of the transaction. Read and examine searches and abstracts of title, prepare title commitments and pro forma and final title policies, including chancery abstracts and surrogate’s court files. Assure that all necessary searches have been ordered and order additional searches as necessary. Read surveys, review metes and bounds descriptions and address discrepancies, clear title objections, and respond to requests for title clearance. Review the title commitment to determine the status of the title, inform all parties of any problems and how to correctly clear them for closing. Review and comply with closing instructions from Lenders, Purchasers, Sellers or other parties to the transaction. Review or confirm with Recording and National Underwriting that all documents to the transaction have been received, including recordables, are in good form and ensure that addresses, names and legal descriptions are shown accurately. Prepare documents for closing and recording, including affidavits and indemnities. Follow best practice instructions as to verification of wire instructions; secure necessary approvals for “jumbo” and international wires. Review file after recording and disbursing for accuracy. Verify file is ready to submit for policy. Maintain good customer service at all times. EXPECTATIONS Ability to work from 8 a.m. to 5p.m, Monday through Friday. (Or similar schedule as approved in advance by supervisor) and may be required to attend after hour Company events. Hybrid work schedule: 4 days in office / 1 day remote. Remote work day to be determined following the on-boarding period, with approval from Matrix Manager. Regardless of assigned location and workstation, all employees will be issued a company laptop and will be expected to be able to work remotely on the occasion that it is not possible to safely be present in the office. Must be personable, positive and a professional representative of the Company. Participate in Continuing Education opportunities offered by / assigned by ORT Corporate. KNOWLEDGE REQUIRED Minimum 10 years of experience in title or a related field with a minimum 5 years' experience with commercial title insurance. Complete and competent understanding of the commercial and residential title commitment preparation process. Experience with multi-state, multi-property transactions a plus. Excellent verbal and written communication skills. Ability to prioritize and handle multiple projects. Impeccable attention to detail and organizational skills. #LI-MB1 #CommercialTitle 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: $80,000 - $100,000 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 For over 100 years, Old Republic Title has helped Americans protect their property rights while providing peace of mind for one of the biggest investments homeowners will make. We work closely with title agents, real estate professionals, lenders and industry experts to secure safe and efficient real estate transactions. We provide comprehensive title and escrow products and services for individuals, businesses and government.
Salary : $80,000 - $100,000