Interactive Resources - iR · 2 days ago
Commercial Escrow Officer
Interactive Resources - iR is seeking an experienced real estate transaction professional to support and coordinate complex escrow matters involving commercial and multi-site properties. The role involves managing detailed closing activities, document flow, compliance review, and coordination with lenders, attorneys, and clients through settlement.
Responsibilities
Coordinate and finalize sophisticated real estate escrows tied to commercial loans and multi-parcel transactions, reviewing layered conditions and contractual terms
Draft customized transaction instructions reflecting party intent and secure approval prior to execution
Oversee creation, review, and distribution of settlement documents including agreements, disclosures, funding statements, and legal instruments
Verify adherence to title commitments and resolve inconsistencies by coordinating lien releases, document corrections, and required recordings
Supervise execution and submission of deeds, notes, trust instruments, and related filings with appropriate authorities
Calculate and allocate prorated financial items such as interest, insurance, rents, and tax adjustments
Assist with system setup and data entry for special escrow initiatives and construction-related transactions
Support and review disbursement files for construction or phased loan funding
Compare survey data to legal descriptions to confirm accuracy
Provide guidance or oversight to junior escrow staff when assigned
Participate in off-site or alternate-location closings as business needs require
Engage with existing or potential commercial clients to explain services and identify insurance or closing needs in line with office outreach initiatives
Initiate and organize new transaction files, gathering required data from all involved parties
Prepare and circulate escrow instructions, lender documentation, and supporting materials
Balance and reconcile escrow accounts; generate closing statements detailing credits and debits
Distribute funds, policies, statements, and recorded documents to appropriate recipients
Track post-closing follow-up to ensure transaction completion and policy issuance
Answer inquiries regarding transaction status, procedures, and services offered
Perform administrative support including document filing, correspondence, call handling, and case logging
Maintain accounting records for construction disbursements when applicable
Assist or independently conduct lower-complexity closings as directed
Qualification
Required
Strong understanding of title insurance purpose, escrow workflows, legal documentation, and settlement calculations
Working knowledge of regional real estate closing practices, mortgage lending fundamentals, and underwriting concepts
Ability to interview transaction participants and manage timelines under minimal supervision
Proven analytical skills to interpret complex terms and mitigate financial risk
Clear, professional communication skills—written and verbal
Proficiency with personal computers and standard office software applications
Accuracy in arithmetic calculations and document preparation
High school diploma or equivalent required; coursework in math or bookkeeping preferred
Minimum five years of escrow-related experience, including at least three years managing large residential or commercial closings
Equivalent combinations of education and experience will be considered
Preferred
Coursework in math or bookkeeping preferred
Additional education in real estate law or principles is a plus