Escrow Officer jobs in United States
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First American · 5 days ago

Escrow Officer

First American is a leading provider of title insurance and settlement services, committed to a people-first culture. The Escrow Officer will manage real estate transactions, establish escrow accounts, and ensure compliance with policies while acting as a liaison between parties involved in the transactions.

Financial ServicesInsuranceProperty InsuranceReal EstateReal Estate Investment

Responsibilities

Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds
Determines closing requirements by studying and clarifying buyer, seller, and lender instructions
Orders title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals
Establishes escrow account by depositing funds; maintaining records
Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents
Completes calculations by prorating taxes and interest
Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures
Completes closing by recording and filing documents; preparing and distributing final closing statements and title. Prepares settlement statement by utilizing lender instructions
Closes escrow account by balancing and disbursing funds
Complies with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
Other duties as assigned

Qualification

Escrow transactionsTitle insurance knowledgeMicrosoft OfficeClient relationsReport writingPublic speakingMathematical calculationsReal estate knowledgeOrganizational skillsDetail-orientedConfidentiality

Required

High School diploma or equivalent
2-4 years related experience
Valid Licensing/Certification as required by applicable state
Familiar with standard concepts, practices, and procedures within the escrow/title industry field
Knowledge of Microsoft Office applications
Good client relations and organizational skills
Ability to write reports and correspondence
Ability to speak effectively before groups of customers or employees of organization
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
Detail-oriented and professional; able to handle confidential information
Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers

Preferred

Experience directly handling escrow transactions as an escrow assistant preferable

Benefits

Medical
Dental
Vision
401k
PTO/paid sick leave
Employee stock purchase plan

Company

First American

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First American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment.

Funding

Current Stage
Public Company
Total Funding
$450M
2024-09-23Post Ipo Debt· $450M
2010-06-01IPO

Leadership Team

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Kenneth D. DeGiorgio
Chief Executive Officer
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Jody Mulkey
Chief Technology Officer
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Company data provided by crunchbase