What are the responsibilities and job description for the Escrow Assistant position at Old Republic Title?
Job Description:
The Escrow Assistant will open, process and close transactions with appropriate supervision. Will effectively communicate with all interested parties including counsel, lenders, principals, realtors, co-workers, and all other department personnel. Must be a personable, positive, and professional representative of the Company.
*This position is an in-office position located in our Portland, OR location.*
Essential Duties and Responsibilities:
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 (CSD - CPU), i.e., payoff, HOA and utility demands that appear on preliminary report/title commitment and/or Seller/Borrower Information Sheets.
Assist in quoting our fees and charges.
Request/authorize loans to fund, receipt in funds, disburse funds including but not limited to sending out payoffs.
Schedule appointments, assembling documents for signing for both inside and outside of the office.
Assist with customer(s) signing of documents inside the office, as assigned by Escrow Officer and/or Branch Manager.
Upload all documents in appropriate category in the electronic filing system.
Document all conversations relative to each file, this will allow each team member to be informed as to the status of the file.
Prepare funding packages, provide conditions, receipt in funds.
Assist with training other personnel, guiding them to reach maximum efficiency and production of the branch.
Continues escrow education either through company training webinars/seminars/meetings or through outside sources (i.e., Escrow Association).
Complies with Company policies, procedures, regulatory requirements and complete mandatory company compliance training by prescribed deadlines.
At a minimum, the ability to work from 8:00 a.m. to 5:00 p.m., Monday through Friday.
Knowledge and Skills Required:
Requires 2 years of commercial escrow experience.
Knowledge of title insurance policies, endorsements and title pricing.
Knowledge of escrow documents, escrow fees and terminology.
Basic computer skills including proficiency in Microsoft Office Suite and Outlook.
Ability to work in fast paced environment while successfully performing under extreme time constraints and meets prescribed deadlines.
Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.
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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