First American Title Careers – Escrow Officer

First American

Job Description:

Responsible for handling real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures. Acts as a neutral liaison between file parties, adheres to company policy, and monitors and mitigates risk to the company.

Job Responsibilities:

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

Job Requirements:

Qualification & Experience:

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

Job Details:

Company: First American

Vacancy Type:  Full Time

Job Location: Austin, TX, US

Application Deadline: N/A

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