About This Role
Operating as a team leader and backing up the Director, the Senior Title Examiner researches title histories and rectifies defects to ensure insurable titles for buyers and lenders. This role involves interpreting real estate and legal documents, identifying property restrictions, and ensuring compliance with underwriting guidelines and state regulations.
Responsibilities
- Read and interpret real estate documents, legal documents, maps, and surveys to prepare title insurance policies
- Operate in accordance with internal and external policies and regulations for residential and commercial real estate transactions to ensure continuity of title and minimal risk exposure
- Identify any restrictions that would limit the use of property, determine all matters which encumber the property, and create requirements for clearance of underwriting objections and insurability
- Work with parent underwriters and attend underwriter-led continuing education courses to remain up to date and ensure compliance with underwriting guidelines
- Negotiate policy coverage and endorsement coverage in connection with the issuance of owners and loan title insurance policies
- Maintain an advanced working knowledge of New York State title insurance, underwriter guidelines, and real estate practices to include endorsement availability, policy availability, transfer tax, mortgage tax and forms of conveyance
- Serve as a resource for clients when they have title insurance and/or real estate questions
- Provide representation of the title company at closing to ensure that all title issues are rectified
- Ensure that documents are properly prepared and executed while conforming to state and county regulations
- Ensure appropriate funds for recording fees, payoffs and liens are collected
- Ensure all title documentation is provided
- Guide the process overall to ensure that clear, marketable, and insurable titles are created
- Assist Director with procedural updates and implementation of any changes due to underwriter or regulatory changes
- Approve invoices, handle deposits and retain check signing authority for all OHRS transactions
- Assist as needed with month-end reporting
- Assist Director in accounting and reconciliation questions and functions as needed including managing stale dated items and responding to accounting questions and concerns
- Work with Director, Finance, and Compliance to ensure all underwriter and state required filings are made in compliance with regulatory guidelines (Data call report, audits, cybersecurity, licensing, remittances etc.)
- Partner with Director to handle escalated client issues including claims filed against any OHRS issued title policy and liaise with underwriting counsel through conclusion of issue
