Escrow Officer

First American•Danville, CA

2d•$29 - $39

About The Position

The Escrow Officer handles real estate transactions by establishing and managing escrow accounts, managing funds, processing closing documents, and completing settlements in accordance with company policies and procedures. The role serves as a neutral liaison between transaction parties and monitors and mitigates company risk. The position requires familiarity with escrow and title industry practices, client relations, organization, and the ability to handle confidential information and communicate with buyers, sellers, agents, brokers, and other parties.

Requirements

High school diploma or equivalent.
2–4 years of related experience.
Valid licensing or certification as required by applicable state.
Familiarity with standard concepts, practices, and procedures in the escrow/title industry.
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 organization employees.
Ability to calculate figures and amounts, including discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
Detail-oriented and professional, with the ability to handle confidential information.
Ability to work with multiple types of parties, including real estate sellers, buyers, agents, and brokers.

Nice To Haves

Experience directly handling escrow transactions as an escrow assistant is preferable.

Responsibilities

Complete real estate escrow transactions by determining requirements, clearing titles, preparing and reviewing closing documents, and disbursing funds.
Determine closing requirements by reviewing buyer, seller, and lender instructions.
Order title reports, resolve title defects, and satisfy existing liens and encumbrances against property or principals.
Establish escrow accounts by depositing funds and maintaining records.
Prepare transaction documents by completing forms and statements and collecting and reviewing existing documents.
Calculate prorations for taxes and interest.
Assemble closing documents, review them with the parties, explain provisions and procedures, answer questions, check completeness and accuracy, and obtain signatures.
Record and file closing documents, prepare and distribute final closing statements and title, and prepare settlement statements using lender instructions.
Balance and disburse funds when closing escrow accounts.
Comply with and enforce regulatory requirements and company policies.
Maintain job knowledge through educational opportunities, professional publications, personal networks, and professional organizations.
Perform other duties as assigned.