Old Republic Title

Commercial Escrow Officer

Old Republic Title  •  Richmond, VA (Onsite)  •  10 days ago
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Job Description

EASTERN TITLE DIVISION

Organizing and directing escrow closings for complex commercial real estate transactions in Virginia and nationwide.

The position involves working collaboratively within our organization as well as with customers, including law firms, commercial lenders and commercial real estate firms. Strong candidates will have significant experience in the title industry dealing with commercial transactions from beginning to end.

Essential Duties and Responsibilities:

  • Prepares escrow agreements and communicates internally for deposits of earnest money, investing and transfer of funds
  • Prepares commercial settlement statements, while reviewing purchase agreements, title commitments and closing instruction letters
  • Manages overall closing process
  • Maintains closing checklists and coordinates with parties for payoffs and items necessary to document the charges set forth on the settlement statements
  • Communicates with underwriting staff as to the status of closing and confirms all closing requirements are satisfied
  • Coordinates and closes single and multi-site transactions with ORT offices nationwide
  • Assembles and distributes closing packages pursuant to escrow instructions
  • Post-closing follow-up, including policy issuance and distribution
  • Maintains complete digital files
  • Complies with Company policies, procedures, regulatory requirements and completes mandatory company compliance training by prescribed deadlines.
  • At a minimum, possesses the ability to work your scheduled work hours, Monday through Friday.
  • Dependable, reliable and punctual attendance is required, which may include in-office attendance or attendance at company, industry or other events that occur outside regular business hours.
  • Ability to accept supervision and direction, as well as constructive feedback.
  • Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
  • Demonstrates courtesy, flexibility, professionalism and is proactive and responsive to supervisor/manager, co-workers and customer needs and expectations.
  • Other duties that may be assigned.
  • Remote work may be available to the right candidate.

#LI-KB1

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

Old Republic Title

About Old Republic Title

Old Republic Title is one of the largest title insurance groups* in the United States. We operate through a national network of Company-owned offices, affiliates, authorized agents and approved attorneys, which allows us to service our customers in both large and small markets across the country.

*Members of the Group are:

Old Republic National Title Insurance Company and American Guaranty Title Insurance Company.

OUR MISSION

Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders and other important stakeholders place in us.

Industry
Real Estate & Property
Company Size
1,001-5,000 employees
Headquarters
Unknown
Year Founded
Unknown
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