Loan/Mortgage/Escrow/Title Associate
3 weeks ago
Job Title: Loan/Mortgage/Escrow/Title Associate (1st shift)
Job Description:
Duties & Responsibilities:
- Coordinate escrow closing process, following workflow provided in client Service Level Agreements.
- Perform proficiently in a minimum of two projects from batch receipt through post-closing. Have familiarity with department’s remaining projects for purposes of business continuity.
- Maintain client relationships to communicate approved document/data changes, updates, and various inquiries on each respective project.
- Review purchase agreements and perform quality reviews to manage/facilitate closing process.
- Facilitate title search, review, and verify title search results, and perform research to clear title and provide basic solutions for curative action.
- Communicate domestic and foreign notary requirements to clients. Audit documents and instruct on corrections.
- Navigate recording rejections and provide support to the client to correct balance files, ensure accurate accounting of all funds, disburse funds as per closing instructions including preparing and sending wires, reconcile escrow accounts, prepare, and distribute invoices for services.
- Maintain inventory records and process inventory releases according to client Service Level Agreements.
- Process cancellations and verify cleared funds with accounting.
- Perform and monitor day to day financial transactions utilizing various methods including banking and credit card merchant databases, financial and/or system reports and adjust as required for reconciliations.
- Review monthly and quarterly benchmark reports.
- Perform title policy premium calculation. Familiar with rate manuals and requirements as per state filed rates.
- Create and generate ancillary escrow documents for owner delivery, recordings.
- Produce title insurance policies from template specific to each project and distribute/deliver according to client Service Level Agreements. Assist with post-closing activities (packaging/mailing documents, title policy production, review policy against recorded documents)
- Regularly perform project audits/clean-up of escrow accounts and data entered in project files.
- Participate, test, and provide feedback on new system and process enhancements.
- Other duties as assigned
Skills:
- Proficient in Essential Functions of the Developer Escrow and Title Assistant position
- Detail / quality oriented
- Problem solving skills
- Effective communication skills: verbal & written
- Customer Service orientation
- Proficient MS Office skill set
- Strong Excel skills
- Knowledge of company operating systems (i.e. FAST, RITA)
- Title knowledge
Company DescriptionAbout BCforward
Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.
BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.
BCforward is an equal-opportunity employer. All qualified applicants will receivCompany DescriptionAbout BCforward\r
Founded in 1998 on the idea that industry leaders needed a professional service, and workforce management expert, to fuel the development and execution of core business and technology strategies, BCforward is a Black-owned firm providing unique solutions supporting value capture and digital product delivery needs for organizations around the world. Headquartered in Indianapolis, IN with an Offshore Development Center in Hyderabad, India, BCforward’s 6,000 consultants support more than 225 clients globally.\r
BCforward champions the power of human potential to help companies transform, accelerate, and scale. Guided by our core values of People-Centric, Optimism, Excellence, Diversity, and Accountability, our professionals have helped our clients achieve their strategic goals for more than 25 years. Our strong culture and clear values have enabled BCforward to become a market leader and best in class place to work.\r
BCforward is an equal-opportunity employer. All qualified applicants will receiv
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