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Title Insurance: Commercial Escrow Officer -Chicago

Godot Consulting Group

Chicago, illinois


Job Details

Full-time


Full Job Description

Well established, dynamic, well run Title Insurance Company in the Loop has a new hybrid opportunity for an experienced Sr Commercial Escrow Officer. All inquiries are strictly confidential.



Commercial Escrow Officer :

Responsibilities:

 Coordinate and manage escrow closings for complex single and multi-site commercial real estate transactions

 Work with clients and their counsel to obtain closing figures and compile closing statements, input title and escrow line items into software system

 Calculate payoff amounts pursuant to payoff letters, collect tax bills and calculate payments for settlement statement

 Compare escrow instructions to title requirements, communicate with underwriting staff to confirm closing requirements

 Determine sufficient funds are available and that all terms of escrow have been satisfied, set up wires, post incoming funds, facilitate disbursements and track Fed Reference numbers

 Confirm recordability of documents, review documents for proper signatures, notarizations and legal descriptions.

 Record documents at closing, follow up on recorded documents, request and follow up on post closing releases from payoff lenders, Coordinate State UCC filings

 Open and Manage Strict Joint Order Escrows: Prepare escrow instructions as needed, Accept deposits for earnest money, Invest funds on behalf of depositor with written directions and W-9, Prepare balance sheet for retention book and file, Transfer funds as needed to closing escrow

 B.A. or B.S.

 Background in real estate

 Five years of experience in the title insurance industry

 Exceptional communication skills, both written and verbal

 Excellent business writing skills and meticulous attention to detail

 Strong organizational and problem solving skills

 Ability to collaborate and work cross-functionally within a fast-paced environment

 Must be able to prioritize projects and handle multiple tasks simultaneously

 Excellent time management and organizational skills

 Working knowledge of Microsoft Word, Outlook and Excel



Excellent Pay and Benefits. Drop us a line if interested!

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Work From Home

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