What are the responsibilities and job description for the Disbursement Specialist position at Res/Title Inc?
We are currently seeking a Disbursing Specialist to join our team at our headquarters in Rhode Island. In this role, you will be responsible for balancing files, managing escrow funds, issuing disbursements, and ensuring all financial components of each closing are accurate, compliant, and completed on time.This is a full-time, in office position with a competitive pay rate commensurate with experience, along with paid time off, company holidays and health insurance programs.Key Responsibilities:Review closing packages and settlement statements for accuracy prior to disbursement.Balance all file receipts, wires, lender proceeds, and deposit items.Issue disbursements via check or wire in accordance with state, federal, and underwriter regulations.Communicate with lenders, realtors, and internal team members regarding funding status and any required documentation.Process payoffs, recordation fees, commissions, invoices, and taxes associated with each file. Ensure compliance with company policies, ALTA best practices, and all applicable regulations. Qualifications:1–3 years of experience in title, settlement, escrow, or real estate finance preferred.Strong understanding of settlement statements, funding requirements, and escrow accounting.Experience with title production software, SoftPro, is a plus.Exceptional attention to detail and accuracy with financial data.Strong communication and customer service skills.Ability to manage multiple files in a fast-paced environment while meeting deadlines.High level of integrity and commitment to proper handling of escrow funds. Company DescriptionRes/Title is your complete title & settlement solution nationwide. By leveraging a digital-first approach, we streamline the closing process for a smoother and more efficient experience.Since 1994, we have been the go-to for quality title & settlement, innovative technology and accurate service. Our leadership team carries over 100 years of combined industry experience making us a partner you can rely on for knowledgeable guidance and expertise in an ever-changing industry. To learn more about us, visit our website at www.res-title.com.
Salary : $45,000 - $50,000