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Settlement Agent

Company: Title Alliance
Location: Bethlehem
Posted on: April 8, 2021

Job Description:

Description:
JOB SUMMARYThe Settlement Agent is responsible for pre-closing, coordinating with agents and lenders, preparing settlement statements, conducting the closing, assuring title policies are issued, as well as preparation and recording of documents. S/He is required to exercise extreme independent judgment and to possess the knowledge and experience necessary to efficiently handle any situation that may arise during the escrow/closing process.

  • Manages all files to include processing escrows, including new subdivisions, re-sales, demand escrows, assignments, exchanges, loans, re-financing and other miscellaneous transactions
  • Orders all documents needed to close each file in a timely manner (i.e., demands, loan documents, tax certifications, inspections, surveys, payoff statements, bring downs/updates and insurance).
  • Review and clear title, identify underwriting concerns and prepare settlement statements and closing packages. Complete post-closing duties including recordings, wire transfers.
  • Act in accordance with Good Funds Policy, as well as assure each transaction is balanced prior to disbursement
  • Completes deeds, notes, requests for notice, subordination agreements, financing statements, etc. (as applicable by legal standards within each jurisdiction)
  • Works with the title department in resolving issues (e.g., legal descriptions, easements, lot splits, vesting, federal tax liens, abstracts of judgment, bankruptcies, boundary disputes, and encroachments)
  • Delegates appropriate duties to the escrow assistant
  • Provides agents with weekly status update on every file
  • Follows company standards and practices when processing transactions, as well as applicable state laws and guidelines
  • Returns all calls, voicemails, and emails in a timely manner
  • Performs other duties as assigned and adheres to The T.A. Way, regulatory requirements, policies, procedures and guidelines.

    Requirements:
    • Minimum three (3) years of escrow experience required.
    • A high school diploma is required. Associate degree Preferred
    • Must be a Notary Republic or be bondable. Title Insurance license may be required
    • Understands escrow standards, title clearance, real estate regulations and guidelines, and document preparation.
    • Comprehends pay off per diems, tax prorations, interest, and the like.
    • Understands and can explain lender documents and recordings
    • Adapts to new, different, or changing requirements and is attentive to details
    • Maintains privacy and confidentiality of company information, as well as that of customers and co-workers; treating all with honestly, fairness and respect
    • Pleasant, courteous, and professional when dealing with internal and external customers or clients
    • Displays responsible behaviors at work and a willingness to seeks out new challenges
    • Plans and prioritizes work to manage time effectively and accomplish assigned tasks
    • Uses information technology and related applications to convey and retrieve information to include title software and e-recording.The job demands described here are representative of those that must be met by an employee to successfully perform the functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not intended and should not be construed to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with the job. It is intended to be a reflection of those principal job elements essential for recruitment and selection, for making fair job evaluations and for establishing performance standards. The percentage of time spent performing the various job duties is not absolute. The incumbent shall perform all other functions and/or be cross trained as shall be determined by the sole discretion of management, who has the right to amend, modify, or terminate this job in part or in whole. This document is not a contract for employment.PM20

Keywords: Title Alliance, Bethlehem , Settlement Agent, Sales , Bethlehem, Pennsylvania

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