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CTS Funding Specialist II

MO - St Louis

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CTS Funding Specialist II

Our client, a national title insurance underwriter is looking for a CTS Funding Specialist II for their Centralized Title Services operation in St. Louis. Centralized Title Services provides nationwide title, closing, and settlement solutions for mortgage lenders. Matches deep industry knowledge and expertise with advanced technology to offer a full suite of services that can be designed to meet customer's specific requirements. CTS Funding Operations monitors funding pipelines in adherence with ALTA best practices and manages the life of an escrow file until all outstanding monies are resolved accurately. 

Responsible for effectively monitoring funding pipeline, supporting continued progress, and ensuring that all files are funded timely and in accordance with established guidelines and SLA requirements. Works on end-to-end loan funding process including Refi, REO, and final reconciliations with guidance as needed. Utilizes working knowledge and expertise of title and mortgage documentation to complete tasks. 

  1. Disburses checks and wires to appropriate payees 
  2. Conducts appropriate follow up on incoming and outgoing Checks and Wires that have not been cleared timely 
  3. Reviews the final approved CD/ALTA in comparison to deposits and payables in the internal system to ensure accurate disbursement of figures disclosed to the Borrower 
  4. Completes necessary calculations inclusive of prorating taxes and interest 
  5. Amends CD/ALTA by utilizing lender instructions and other applicable documentation when necessary 
  6. Ensures file is properly balanced and reconciles any differences with Fulfillment Closer and/or Accounting with guidance as needed 
  7. Partners with internal and external stakeholders including borrowers and lenders to ensure high-quality customer service is provided 
  8. Handles and resolves basic funder inquiries and escalations 
  9. Provides updates to Fulfillment team regarding funds disbursement 
  10. Performs other duties as assigned by management 

 

Qualifications – External

  1. Requires working knowledge and established skills to perform day-to-day activities
  2. Works under general supervision with limited ability to modify the approach 
  3. Understands how assigned duties relate to others within the team and how the team integrates with related teams 
  4. Has no supervisory responsibilities; manages own workload 
  5. Impacts own team through the quality of the support provided
  6. Recognizes and solves typical problems 
  7. Selects solution from established options 
  8. Communicates moderately complex information in routine situations, typically within own team 
  9. High school diploma required; Bachelor's preferred 
  10. Typically requires 2+ years of related work experience

 

 
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