Escrow Assistant 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 Northeast 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.
- Benefits may include:
- Comprehensive medical, prescriptions, dental and vision plans 401(k) plan with a discretionary company match
- Shareholder Purchase and Reinvestment PlanBasic 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 programs11 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
Old Republic Title is an Equal Opportunity Employer
