Escrow Officer
Job Description
Job Description
ESCROW OFFICER WITH EXPERIENCE IN A TITLE COMPANY REQUIRED
BILINGUAL ENGLISH-SPANISH REQUIRED
Summary: The Escrow Officer provides closing services assistance for one or more of the following lines of business; REO, residential resale, refinance, builder, and/or commercial.
Primary Duties and Responsibilities :
- Assist on the overall closing process
- Build and maintain professional relationship with customers
- Provide status of the transaction throughout the closing process to the appropriate customers
- Assist in reviewing contract, title commitment, and lender instructions in order to prepare settlement statements and the necessary real estate documents for closing
- Prepare closing statements using FHA, VA, and conventional lending guidelines to meet RESPA regulations
- Submit an error free settlement statement to lender for approval. Prepare closing statements using FHA, VA, and conventional lending guidelines to meet applicable RESPA and/or TRID regulations
- Provide a professional closing experience to include: obtaining appropriate signatures, handling of good funds, and meeting all title and lender requirements
- Complete knowledge and ability to handle a real estate transaction from the receipt of the contract through funding and disbursement
- Prepare the closing file for the disbursement department according to the company disbursement guidelines
- Resolve all post-closing reconciliation issues including company reports and according to company time frames
Other Duties and Responsibilities:
- Team player and mentor to closing assistant/closing team. At times assisting the closing assistant to obtain and/or update file information when needed for processing
- Communicate with Supervisor and co-workers on work load and scheduled closings
- Constant communication with assigned closing assistant
- Identify areas for improvement.
- Assist in training new employees
- Other duties as assigned by the Supervisor and/or Closing Manager
Qualifications:
- 1-2 years of closing experience
- College degree or equivalent work experience
- Solid knowledge of title insurance, regulatory guidelines, legal documents, and real property law
- Ability to build and maintain productive customer relationships
- Experience with developing alliances with others as necessary to accomplish work assignments
- Able to follow all company procedures and policies including meeting the company customer service expectations
- REO experience is a plus
Skills:
· Excellent verbal and written communication skills
· Good analytical and documentation skills
· Good customer service skills along with excellent problem solving ability
· Ability to productively interact with peers, customers and management
· Proficient with internet navigation
· Telephone etiquette
· Attention to detail, professionalism, organized and ability to prioritize
Mathematical Skills:
· Ability to work with mathematical concepts (e.g., probability and statistical inferences); the fundamentals of plane and solid geometry.
· Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
Company DescriptionFirst Integrity Title has been privately owned and operated for over 25 years and has consistently grown its market share to become one of the top-tier national title companies with hundreds of employees.
We believe first and foremost, in focusing on the needs and aspirations of our clients. This client first focus permeates in everything we do, from our service levels, product quality, pricing and insuring your transaction. Our primary goal is to deliver exceptional customer service from start to finish so at the closing table we have exceeded our clients’ expectations. We are devoted to exemplifying strength, service and stability.Company Description
First Integrity Title has been privately owned and operated for over 25 years and has consistently grown its market share to become one of the top-tier national title companies with hundreds of employees.\r\n\r\nWe believe first and foremost, in focusing on the needs and aspirations of our clients. This client first focus permeates in everything we do, from our service levels, product quality, pricing and insuring your transaction.\r\n\r\nOur primary goal is to deliver exceptional customer service from start to finish so at the closing table we have exceeded our clients’ expectations. We are devoted to exemplifying strength, service and stability.
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