Commercial Closer

Chicago, IL

Old Republic Title has an excellent opportunity for a Commercial Closer at our Chicago metro location. TO APPLY, please click HERE to head to our new Careers page.

JOB DESCRIPTION

• Manage and facilitate all aspects of the commercial closing including receipts, wires, and funding, recording, and processing closing packages.
• Review title commitments, decide how to cure any title problems and how to comply with any specific instructions.
• Determine how to prepare settlement statement in accordance with the terms of the purchase agreement, lender's closing instructions, attorney closing requirements and applicable federal and state rules and regulations. 
• Prepare settlement statements for commercial transactions.
• Responsible for conducting a professional closing with includes following closing instructions; make sure all funds have been receipted and are good funds; confirms proposed disbursements match settlement statement; the file is balanced; all names and legal descriptions are shown correctly on each document, and file is fully balanced.
• Work closely with internal and external clients and communicate with all parties to the transaction either by phone or in writing.
• Responsible for ensuring that all documents are recorded timely, lien payoffs completed and lender package sent to lender as applicable.
• Maintain accurate closing files, post-closing files, and trial balances.
• Independently develop unique strategies to retain current customers and obtain business from new customers.
• Must be able to independently make time-sensitive choices in matters that have a significant financial impact on the Company during the closing process.
• Assist in establishing and maintaining guidelines and/or implementing new procedures to ensure quality, operational efficiency and performance levels.
• Promote the company through participation in public relations and events at various trade and industry function; participates in customer events throughout the region. Participate in company focus groups, task forces, and panels as requested to help modify or develop company practices and policies.
• The ability to foster, develop and maintain professional and collaborative working relationships.  Must be able to get along with others, i.e. peers, supervisors, outside customers, and vendors.
• Must be personable, positive and a professional representative of the Company.
 

KNOWLEDGE/SKILLS/EXPERIENCE REQUIRED

 
• 3-5 years experience in a real estate closing environment.
• Aptitude for figures and accounting functions; must have strong organizational skills and be detail-oriented.
• Excellent interpersonal, written and verbal communication skills.
• Strong attention to detail and organizational skills.
• Excellent problem-solving abilities.
• Ability to work under pressure.
• Deadline and detail-oriented.
• Ability to understand and interpret complex federal and state rules and regulations applicable to the title insurance industry and communicate same to customers. 
 
The above statements reflect the principal function and most significant duties of the job, and shall not be construed as a detailed description of all the work requirements that are inherent in the job.
 
We offer a competitive salary, and excellent benefit package including health, life and disability insurance; paid time off; and retirement plans. TO APPLY, please click HERE to head to our new Careers page.
 
Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please contact your human resources representative regarding the application process.
 
Old Republic Title is an Equal Opportunity Employer