Post-Closing Associate

Job Description

Job Description

Job Title:                    Post-Closing Associate

FLSA Status:             Non-Exempt

Workweek: Monday through Friday 35 Hours

Salary Range: $40,000 - $60,000 Salary is commensurate with experience

Summary of Functions:

The role of the Post Closing Associate is to assist with compliance activities for closed files. Duties may include: NOS Filings, Cover Records, Outstanding Checks, Outstanding Escrows, Policy Preparation, Underwriter Remittances, File Audits and any other duties assigned to him or her by the Post-Closing Manager.

Essential Duties and Responsibilities:

·         Prepare, files, tracks and follows up on Notification of Sale (NOS) filings for all Surety Title Company, LLC offices, except Surety Lender Services.

·         Ensures all liens of record are released following the property closing and settlement.

·         Confirms all outstanding checks are timely followed up and managed through resolution.

·         Makes certain all escrowed funds are timely followed up and managed.

·         Runs Underwriter Report in CCE Bi-Weekly.

·         QC’s all files to ensure the amount of the check payable to the Underwriter is the same as the final invoice.

·         Compares check and final invoice to CD to ensure the amounts are consistent.

·         Any discrepancies are resolved through resolution to include:

o   Request funds for underpayment via a check request from operating account

o   Request funds for overpayment be refunded to Customer.

o   Manager is advised of error and for correction via email.

·         Prepares the Remittance Transmittal Report.

·         Runs Underwriter Report in CCE Bi-Weekly. Runs 40 days out from closing.

·         QC’s all files to ensure all the terms and conditions of the commitment are satisfied.

Supervisory Responsibilities

This job has no supervisory responsibilities.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and/or Experience

·         High School Diploma/GED required.

·         3-5 years in Title Insurance field preferred

·         1-3 years of Accounting/Reporting Experience preferred

·         Various Plant Software

Language Skills

Ability to read, analyze, and interpret general business documents. Ability to write reports and business correspondence. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.

Computer Skills

To perform this job successfully, an individual should have knowledge of Microsoft Office; a fax machine; a copier/scanning machine; and a multi-line telephone.

Other Skills and Abilities

·         Ability to multi-task.

·         High Standard of organization and attention to detail.

·         Ability to work under stress with time deadlines.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this Job, the employee is regularly required to talk or hear. The employee is frequently required to sit. The employee is occasionally required to stand; walk; use hands; reach with hands and arms and taste or smell. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate.