ESCROW OFFICER

At Old Republic Title, our Escrow Officers are a critical part of how we do business. The successful applicant for this position communicates and confirms information about transactions with principals, lenders, agents and/or other parties. Preparation of escrow instructions, draw documents, issuance of title policies and fund disbursements are also key duties. In this position, you will work with management and marketing teams to develop and maintain a portfolio of real estate business. Join the company that manages for the long run.

*This position requires daily office attendance in Albuquerque, NM. No hybrid or remote applicants are being considered.*

Essential Duties and Responsibilities:

• Ability to interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.

• Takes proactive approach to providing status updates for Agents and principals.

• Prepares escrow instructions and supporting documents for signing.

• Balances figures and closing funds, prepares file for disbursement and creates disbursement packages.

• Meets all escrow/title conditions required by lenders and purchase contract.

• Preparation of Seller CD/ALTA/HUD settlement statements detailing the accounting of the transaction in accordance with all state and federal regulatory requirements.

• Verifies and reviews all information in the preliminary report/title commitment while clearing title requirements by researching discrepancies, working with underwriters and title officers to obtain lien releases and clearing any other encumbrances. 

• Requests the issuance of title policies or other evidence of title.

• Trains, guides, assigns and reviews the work of one or more escrow assistants.

• Collaborates with Sales and Marketing Department to maintain existing customers and generate new business which may include educational presentations both in and outside of the office.

• Demonstrates courtesy and professionalism and is proactive and responsive to co-workers and customer needs and expectations.

Knowledge and Skills Required:

• Minimum of two-years of escrow experience in the State of New Mexico.

• Excellent time management skills.

• In-depth knowledge of title insurance policies, endorsements, and title pricing.

• In-depth knowledge of escrow documents, escrow fees and terminology.

• Capable of processing multiple types of transactions (i.e. Residential resale and refinance escrows) without assistance.

• 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.

• Notary Commission preferred.

• Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.

• Ability to act independently with sound judgment and take initiative.

• Written and verbal communications are clear, grammatically correct and business appropriate.

• Actively listens.  Is mindful of how body language, gestures and non-verbal communications are perceived. 

Physical/Mental Demands:

• The ability to work with confidential information.

• The ability to perform under pressure and be flexible with disruptions throughout the workday is required.

• Repetitive and continual keyboard activity and interaction with display monitors is required.

Sedentary work:  The majority of activity in this position involves sedentary work including sitting, standing, walking and the occasional need to lift or move objects.

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We offer a competitive salary, and an excellent benefit package including health, life, and disability insurance; paid time off; and retirement plans