Escrow Officer

Job Description

Job Description

Description:

American Title is a locally owned and operated organization with a family atmosphere. We enjoy seeing one another face-to-face in the office (this position is not eligible for remote work).

We offer a well-rounded benefits package effective the first of the month after commencement of employment. Benefits include such plans as a company paid life insurance and disability policies, 401(K), medical, dental, vision, paid time off and much more!

AMERICAN TITLE SERVICE AGENCY EMPLOYEES ARE DEDICATED TO THE FOLLOWING:

• A commitment to a value system based on the respect for dignity of all individuals, whether customer or supplier
• Adherence to the highest ethical standards and expectation that each associate will maintain consistency, persistence and above all, integrity
• Striving for excellence in all that we undertake, encouraging consistent and continuous improvement in all results
• Recognizing that "Above all Else...Service"! to our customers maintains our existence
• Accepting responsibility and communicating clearly if we cannot honor a commitment

Work Performance

• Be familiar and comply with ATSA’s Best Practices for Escrow Handling, RESPA, Accounting and Recording best practices
• Develop new and repeat business and responsible for establishing new escrow accounts
• Complete real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds; interpret and explain loan documents
• Determine escrow requirements by studying and clarifying buyer, seller, and lender instructions
• Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals
• Establish escrow account by depositing funds; maintaining records
• Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents and preparing for recording
• Complete calculations by prorating taxes and interest
• Complete closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures
• Complete closing by recording and filing documents; preparing and distributing final closing statements and title
• Prepare HUD by utilizing lender instructions and statements from stakeholders
• Close escrow account by balancing and disbursing funds
• Comply with regulatory requirements by adhering, and enforcing adherence, to requirements
• Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
• Enhance organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments

Team Work

• Proactively assist the entire office with signings, document handling, answering phones, asking how you may be of service
• Support good working relationships with all clients; internal and external
• Above All Else...Service!