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Settlement Processor

Long & Foster Real EstateSilver Spring, MD

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Job Description

The Settlement Processor is responsible for pre-closing, coordinating with lenders, preparing closing statements, issuing title policies, preparation and recording of documents and making appropriate disbursements associated with the settlement and post-closing.

Job Duties and Responsibilities (Essential Job Functions)

  • Review and clear title;
  • Identify underwriting concerns;
  • Prepare the Closing Disclosure when applicable;
  • Order bring downs and tax certifications;
  • Obtain conveyancing;
  • Prepare daily deposits;
  • Process incoming and outgoing recordings and letters of indemnity;
  • Other duties as required

Performance Expectations

  • Meet all performance and behavior expectations outlined in the company performance appraisal form or communicated by management.
  • Perform responsibilities as directed achieving desired results within expected time frames and with a high degree of quality and professionalism.
  • Establish and maintain positive and productive work relationships with all staff, customers and business partners.
  • Demonstrate the behavioral and technical competencies necessary to effectively complete job responsibilities. Take personal initiative for technical and professional development.
  • Follow the company HR Policy, the Code of Business Conduct and all subsidiary and department policies and procedures, including protecting confidential company information, attending work punctually and regularly, and following good safety practices in all

Qualifications

Education:

  • College degree or experience equivalent.

Experience:

  • 2+ years of title specific or similar experience.
  • Prior experience in a settlement, escrow, or title role is a plus.
  • Intermediate level Microsoft Office experience

Knowledge and Skills:

  • Title Industry Software; preferably Ramquest
  • Notary Public certification. If not currently certified; ability to obtain certification within 90 days
  • Title Producer's license in applicable state or the ability to become licensed within 90 days.
  • Ability to handle multiple transactions and meet deadlines in a fast-paced, sometimes stressful environment.
  • Excellent communication and customer service skills
  • Detail-oriented with strong organizational and problem-solving abilities.
  • Occasional travel to client locations, lenders, or courthouse as needed.

Wage: $26.44 - $30.41 hourly; actual wage is based upon education and experience. Potential for formulary incentive plan, based on financial results.

Benefits: Full suite of benefits including Medical, Health Savings Account, Dental, Vision, Life Insurance, Paid Vacation (PTO), 401(k) with employer match, Flexible Spending Account, and Employee Assistance Program (EAP)

Equal Opportunity Employer

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