Commercial Title Officer, Underwriter, Escrow Closer

Employer
NRI
Location
Washington D.C.
Posted
Jul 23, 2017
Closes
Aug 18, 2017
Function
Administrative
Hours
Full Time
Commercial Title Officer/Underwriter/Escrow Closer sought for large commercial title firm located in Downtown DC.

Duties include:

Title Underwriting Responsibilities:

  • Primary contact to all parties in CRE transactions
  • Make title underwriting & insurability determinations and offer alternatives when appropriate
  • Respond to title objection letters, surveys and title clearance issues
  • Draft/negotiate all title insurance products, policy exceptions and endorsements, title affidavits and escrow agreements.
  • Evaluate risk, prepare and seek approval of high risk coverages and over-limit authority coverage.
  • Work with local underwriting staff and company counsel to obtain coverages and approval necessary to close transactions

Transactional Escrow Responsibilities:

  • Prepare settlement statements using Excel. Make proper disbursements based on final settlement statement and facilitate any escrow related post-closing matters.
  • Keep up-to-date with real estate, transfer and recordation tax related issues for the DC/MD/VA jurisdictions.

Additional Responsibilities:

  • Provide support to Major Transactions Counsel
  • Review Closing Packages, prepare documents for recordation, handle disbursements and in-person closing assistance
  • Provide support to transactional team members on underwriting, closings and other business activities

 

 

 

Must have:

  • Five to ten years of commercial real estate transactional experience
  • Undergraduate degree
  • JD preferred
  • Three to seven years of title insurance industry experience