Rachel Spinks
Summary
Licensed escrow officer with over 9 years of experience in the title industry, adept at facilitating the closing process from the acceptance of purchase contracts to the issuance of title insurance policies. Proven ability to assist in audits and implement processes that enhance efficiency and minimize discrepancies. Developed a streamlined workflow that significantly reduced escrow shortages, demonstrating a commitment to operational excellence and client satisfaction. Expertise in navigating complex transactions while ensuring compliance with industry regulations.
Overview
14
14
years of professional experience
Work History
Escrow Officer
Covius Title Agency
01.2020 - Current
- Initial receipt of contracts and refinance orders
- Receipt and disburse escrow funds according to lender instructions and contract terms
- Ensuring proper invoices are in each file in order to establish clear audit trail for validation of disbursements per contract terms and lenders instructions
- Providing excellent communication with all parties during the transaction
- Reviewing title and taxes to ensure property is clear of liens so the final policies can be issued with no exceptions
- Monitor bank receipts and disbursements via online access
- Performing post-closing audits of executed documents, invoices, and disbursements to ensure compliance and accuracy
- Examine and reconcile Trial Balances at the file level to ensure dormant checks are cleared or escheated as necessary
- Assisted in Texas Department of Insurance audits and stat reports
Transaction Coordinator
Title Forward
Frisco, TX
01.2020 - 06.2020
- Coordinated residential closings in TX, VA, DE, MD, NJ, TN, and GA
- Reviewed contracts
- Obtained final bills for utilities
- Prepared closing packages
- Prelim CDs and HUDs
- Obtained funding approvals
Personal Manager/Optometric Technician
Willow Bend Vision Care
Plano, TX
03.2017 - 12.2019
- Hiring of team members
- Plan monthly meetings and set agenda
- Pretest patients
- Maintain inventory
- Assist patients with appointments, insurance, and billing
Senior Escrow Officer
First American
Westlake, TX
01.2014 - 06.2014
- Reviewed REO contracts to ensure accuracy
- Coordinated for a timely closing
- Communicated status of closings with agents, buyers, lenders, and attorneys
- Obtained approvals from lenders and sellers
- Scheduled closings and prepared the closing package
- Reviewed executed documents
- Balanced the escrow accounts for funding and disbursement
- Verified payee information
- Prepared documents for recording
HUD/VA Manager
LPS
Irving, TX
11.2011 - 09.2013
- Received new client orders
- Cleared title
- Responsible for ensuring all polices are issued within 45 days of SWD record date
- Responsible for invoicing, receiving, and distributing funds to all parties
Education
Associate of - Science
Collin College
Skills
- Strong communication skills and a customer-first approach
- Transaction Management
- Title clearance
- Exceptional attention to detail and ability to stay organized
- Strong collaborator with a proven ability to work effectively in team environments
- Worked with ResWare and Qualia
- Notary
- Signing buyers and sellers
Timeline
Escrow Officer
Covius Title Agency
01.2020 - Current
Transaction Coordinator
Title Forward
01.2020 - 06.2020
Personal Manager/Optometric Technician
Willow Bend Vision Care
03.2017 - 12.2019
Senior Escrow Officer
First American
01.2014 - 06.2014
HUD/VA Manager
LPS
11.2011 - 09.2013
Associate of - Science
Collin College