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Escrow officer

Godot Consulting Group
Chicago, IL Full Time
POSTED ON 6/29/2024 CLOSED ON 7/21/2024

What are the responsibilities and job description for the Escrow officer position at Godot Consulting Group?

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

  • Retirement Plan (401k, IRA)
  • Life Insurance (Basic, Voluntary & AD&D)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Family Leave (Maternity, Paternity)
  • Work From Home
  • Last updated : 2024-06-29

Salary : $85,000 - $150,000

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