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Westminster

    Branch Manager and Escrow Officer - Westminster, United States - Wfgtitle

    Wfgtitle
    Wfgtitle Westminster, United States

    3 weeks ago

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    Description

    **Job Purpose:**

    The Branch Manager/Escrow Officer is responsible for supervising escrow personnel in order to ensure superior escrow services are provided while maximizing profitability. This is achieved by utilizing technology, communication and collaboration skills in an effort to co-exist with clients, consumers and WFG personnel in a manner compliant with WFG Policies and Procedures, state and other laws.

    Complete real estate escrow transactions by determining requirements; clearing title; assembling, preparing and reviewing closing documents; disbursing funds

    Determine escrow requirements by studying and clarifying buyer, seller, and lender instructions

    Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals

    Preparing transaction documents by completing forms and statements; collecting and reviewing existing documents

    Completing calculations by prorating taxes and interest- purchase transactions only

    Completing closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures

    Complete closing by recording and filing documents; preparing and distributing final closing statements and title; prepare HUD by utilizing lender instructions

    Close escrow accounts by balancing and dispersing funds

    Comply with regulatory requirements by adhering, and enforcing adherence to requirements

    Enhancing organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments

    Development of a superior workforce and escrow department

    Development of WFG company culture that emphasizes employee engagement, our 4 Cs, quality of work, key employee retention and high performance

    Development of ongoing personal improvement and engagement in keeping up with real estate industry changes

    Lead employees by encouraging employee contribution and engagement through goal setting, feedback, performance development planning on a regular basis

    Lead employees to meet WFGs expectations for productivity, quality and goal accomplishment

    Assist the State Escrow Manager with annual Employee Reviews

    Monthly review of Trial Balance/Un-cashed checks reports and ensuring items are cleared regularly

    Knowledge of WFG products, services and company policies and procedures

    Maintain compliance with company policies and procedures

    Maintain employee work schedules, including PTO, overtime scheduling and cover absenteeism

    Appropriately communicate organization information through monthly department meetings, one-on-one meetings and appropriate email

    Maintain transparent communication with State Escrow Manager and Division Manager

    Interact with clients, real estate agents/brokers, attorneys, consumers, lenders and any other parties involved in transactions when necessary

    Resolve complaints and maintain records per policies and procedures and report to State Escrow Manager

    Maintain a profitable escrow desk in accordance with WFG Policies and Procedures for Escrow and Settlement

    Complete with all WFG Scholar training requests in a timely manner

    Maintain a positive attitude

    Additional duties as may be assigned by management

    Comply with applicable State licensing requirements

    **Knowledge, Skills and Abilities:** * Minimum of five years running a profitable escrow desk including the supervision of escrow assistants.

    Thorough understanding of escrow law, local city and state requirements.

    Thorough understanding of RESPA, TILA, Dodd-Frank and CFPB rules.

    Thorough understanding and adoption of ALTA Best Practices.

    Ability to work with mathematical concepts (fractions, percentages, ratios and prorations).

    Strong customer service skills; demonstrate excellent comprehension and organizational skills.

    Ability to manage multiple actions as once; flexibility to reprioritize quickly.

    Possess leadership qualities; understand the importance of setting a good example of uncompromising dedication to accomplish the companys vision and goals.

    Desire to engage in personal growth development.

    Strong ability to present information and respond to questions from personnel, clients and consumers.

    Act as an innovator by generating ideas to encourage collaboration, critical thinking and engagement, as well as solving practical problems.

    High school diploma or general education degree (GED).

    Ability to read, write and interpret in English.

    Familiarity with Microsoft Office Suite and escrow production software e.g. ResWare, RamQuest, AtClose, IClosings and/or others.

    Possess five years related experience and/or training.

    **Supervisory Responsibility:** This position has supervisory responsibilities.

    **Work Environment:** This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.

    **Physical** **Requirements/ADA:**


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