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Disbursement SpecialistCA - Westlake Village
We are seeking a Disbursement Specialist to join the team of a Title Insurance company in Westlake Village. Great benefits and hiring now! Title Insurance or Settlement experience highly preferred and basic accounting experience required.
Essential Duties and Responsibilities:
- Disburse Refinance and Purchase files by balancing CD's/HUD's against incoming wires and process outgoing wires for loan payoffs and proceeds for an accurate disbursement
- Verify accurate posting of incoming wires and checks for all disbursements
- Process outgoing wires for loan payoffs and consumer proceeds for an accurate disbursement.
- Work with the lender in obtaining funding authorization to disburse.
- Compares check and final invoice to CD to ensure the amounts are consistent.
- QC's all files to ensure all the terms and conditions of the commitment are satisfied
- Track work completed accurately within the Operating System.
- Ability to process stop payments.
- Review reports and follow up on all outstanding checks timely and manage through resolution.
- Assure all escrowed funds are timely followed up and managed.
- Runs Reports and tracks data to alert supervisor of issues.
- QC's all files to ensure the amount of the check payable to the Underwriter is the same as the final invoice.
- Request funds for underpayment via a check request from operating account.
- Disburse over payment to appropriate parties.
Education and/or Experience
- High School Diploma/GED required.
- 3-5 years in Title Insurance field preferred
- 1-3 years of Accounting/Reporting Experience preferred
- Ability to multi-task.
- High Standard of organization and attention to detail.
- Ability to work under stress with time deadlines.