Disbursement Specialist

CA - Westlake Village

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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
To perform this job successfully, an individual should have knowledge of Microsoft Office; Excel; a copier/scanning machine; and a multi-line telephone.
  • Ability to multi-task.
  • High Standard of organization and attention to detail.
  • Ability to work under stress with time deadlines.
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