Settlement Agent
Job
Title Alliance
Media, PA (In Person)
$62,500 Salary, Full-Time
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Job Description
Job Summary We are looking for an experienced Settlement Agent in our Media, PA office. The ideal candidate will be responsible for coordinating settlement with agents & lenders, preparing settlement statements, conducting the closing, disbursing the file, recording documents and issuing title policies. The candidate should also be able to read a title commitment and clear the requirements. The candidate must have at least two years experience and have their notary and PA title license. Duties
- Attend Real estate office meetings when possible and provide title updates/value.
- Complete capture report monthly.
- Rhyno oversight for the office.
- Review and clear title; identify underwriting concerns; prepare the settlement statements if applicable.
- Must adhere to company production goals
- Order all items applicable to a transaction, such as tax certifications, inspections, surveys, payoff statements, conveyancing (specific to PA); bring downs/updates;
- Assistants to order outs, Inspections are ordered by Title Officers, bring downs/updates done by Title Officers. Prepare settlement statement and closing packages (if applicable).
- Prepare and make bank deposits; obtain funding approval if applicable; and disburse funds in accordance with the signed settlement statement.
- Complete post-closing duties including recordings, balancing to Simplifile report, if applicable; preparing wire transfers and final title policies (except in AZ) if applicable.
- Maintains knowledge and seeks out industry developments that affect the title insurance transactions.
- Responsible for understanding all parts of the escrow process to ensure that orders are opened with the end result in mind.
- Coordinate communication with the realtors, lender, attorneys, buyers, sellers, members, etc., to prepare for settlement.
- Ensure that all items on a title commitment are resolved before closing. Clearing title defects (obtaining documentary proof to resolve a defect or obtain new signatures on documents needed to obtain clear and marketable title), and ordering mortgage/lien payoffs. If applicable
- Prepare a Closing Disclosure (CD) and/or Settlement Statement that is compliant with a purchase contract, a lender, and federal/state requirements.
- Perform closing functions in accordance with company and state standards.
- Continue to call and network to create business relationships that maintain and increase the profitability of the office. Other Requirements
- High School diploma and must have a minimum of 2 years escrow officer/closing experience performing the title and escrow duties of this position.
- Flexible and able to multi-task; can work within an ambiguous, fast-moving environment, demonstrated resourcefulness in setting priorities.
- Title license or ability to obtain within 90 days
- Notary or ability to obtain within 30 days.
- Knowledge of title industry software, ResWare preferred.
- Familiar with title and escrow regulations in the state where employed.
- Familiar with E-Recording where applicable, Simplifile preferred.
- Successfully completes regulatory and job training requirements.
- Ability to work with others in a team environment.
Job Type:
Full-time Pay:
$60,000.00 - $65,000.00 per yearBenefits:
401(k) matching Dental insurance Employee assistance program Health insurance Life insurance Paid time off Vision insuranceWork Location:
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