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Commercial Escrow Officer

Job in Chicago, Cook County, Illinois, 60290, USA
Listing for: Old Republic Title
Full Time position
Listed on 2025-12-01
Job specializations:
  • Finance & Banking
  • Management
Salary/Wage Range or Industry Benchmark: 40 - 52 USD Hourly USD 40.00 52.00 HOUR
Job Description & How to Apply Below

Commercial Escrow Officer

Commercial Escrow Officer at Old Republic Title responsible for closing commercial single-site transactions; commercial multi-site & multi-state refinance and sale transactions under the direct supervision of a Senior VP and Underwriting Counsel; managing accounting and escrow functions; answering inquiries from customers and staff on pending transactions; and ensuring maximum levels of customer satisfaction in providing title and closing services.

Essential Functions
  • Closing commercial transactions including preparation of settlement statements, review of escrow instructions, adhering to local closing customs, initiating wires and approving wires as needed, recording documents, trial balance maintenance.
  • Oversight of escrow assistant(s).
  • Support Title and Escrow Administrator as needed.
  • Work with underwriting staff and Escrow Administrator on closing and post-closing functions.
  • Coordinate local and national recordings.
  • Manage post-closing escrows.
  • Transaction accounting: payments to agents; payments to local offices; booking fees to NCTS office.
  • Work 8:00 a.m. to 5:00 p.m. Monday through Friday, or as agreed with NCTS Manager.
  • Supervise assistants and support staff as necessary.
  • Prioritize, organize and handle multiple site projects and portfolios.
  • Manage revenue.
  • Professional, personable, and positive representative of the Company.
  • Regular consistent attendance.
  • Accept supervision.
  • Develop and maintain professional and collaborative working relationships with peers, supervisors, outside customers, and vendors.
  • Work overtime as requested and approved by supervisor.
Knowledge, Skills, Experience Required
  • Proven 5-7 years Commercial Escrow Closing experience.
  • Excellent verbal and written communication skills.
  • Excellent interpersonal and customer service skills.
  • Ability to prioritize and handle multiple projects.
  • Strong attention to detail and organizational skills.
  • Proficient in Microsoft Office and Outlook.
Physical/Mental Demands
  • Perform under pressure and be flexible with disruptions throughout the workday.
  • Work approved and requested overtime under supervisor.
Position's Pay Range

$40.00 - $52.00/hour

Benefits May Include
  • Comprehensive medical, prescriptions, dental and vision plans
  • 401(k) plan with a discretionary company match
  • Shareholder Purchase and Reinvestment Plan
  • Basic life and accidental death and dismemberment insurance premium paid by the company
  • Voluntary supplemental life insurance for employees, spouses and dependent children
  • Fertility and Family Building Benefits
  • Paid Disability benefits
  • Paid time off programs
  • 11 Company paid holidays per year
  • Flexible spending account
  • Health savings account (available to High Deductible Health Plan participants only)
  • Employee Assistance Program
  • Educational Assistance Program
  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
  • Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
  • Transportation benefit plan for mass transit, parking and vanpool, in several markets

Note:

If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer

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