Commercial Escrow Officer (remote)

First American•New York, NY

1d•$31 - $41•Remote

About The Position

First American’s Direct division is seeking a Commercial Escrow Officer to join its National Commercial team. The role supports commercial real estate transactions, ranging from single-site deals to high-liability, multi-site transactions. The officer handles escrow and settlement activities, establishes new commercial escrow accounts, processes escrow documents according to established policies and procedures, and helps fund transactions. The position works with internal teams and external parties to provide settlement services and support commercial real estate transactions.

Requirements

High school diploma or equivalent.
3–5 years of commercial title and escrow-related experience.
Knowledge of the MS Office suite and ability to adapt quickly to new software applications and technologies.
Strong verbal and written communication skills with internal and external customers.
Problem-solving skills and ability to use internal and external resources to gather information and resolve questions.
Ability to research transaction history, analyze and evaluate records, multitask, and handle all aspects of title support.
Customer-focused, professional, positive attitude, and ability to contribute effectively as part of a team.

Responsibilities

Coordinate and track completion of title commitments for commercial transactions according to local and corporate standards.
Price commitments, endorsements, policies, and guarantees using the appropriate fee and charge schedules.
Work with Underwriting to review and approve documents such as deeds, operating agreements, and corporate resolutions.
Ensure funds are properly accounted for and disbursed according to contract terms.
Complete closings by reviewing, recording, and filing documents; prepare and distribute final closing statements and title; and meet delivery dates and timelines.
Prepare regular escrow account status reports for transaction parties.
Prepare legal documents for the closure of sales or refinances.
Comply with regulatory requirements and enforce adherence to them.
Establish new commercial escrow accounts, process escrow documents according to established policies and procedures, and help fund transactions.