Disbursement Specialist - Rockville
1 month ago

Key Responsibilities:
Process disbursements via wire transfer and check in accordance with company and banking protocols Review funding packages prior to disbursement work closely with processing team for any missing items Verify accuracy of payoffs invoices and transaction-related charges before releasing funds Ensure compliance with ALTA Best Practices state regulations and internal escrow disbursement procedures Perform daily reconciliation of disbursement accounts including clearing outstanding wires checks Monitor for potential fraud duplicate payments or irregular activity escalating issues as needed Coordinate with escrow officers processors lenders others to resolve discrepancies or payment-related issues Maintain accurate organized records of all disbursements for audit compliance purposes Assist month end year-end escrow accounting processes required May provide support Positive Pay processing
Qualifications:
High school diploma equivalent required associate bachelor degree accounting finance business preferred Experience years escrow title settlement real estate accounting/disbursement required Strong understanding escrow accounting principles ALTA Best Practices banking protocols Proficiency title/settlement software e.g ResWare SoftPro RamQuest Qualia Title Express Microsoft Office Suite Exceptional attention detail accuracy financial transactions Strong organizational skills manage multiple priorities deadline-driven environment Effective communication skills written verbal High ethical standards commitment confidentiality MD Title License preferred
Job description
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