Escrow Officer

1 week ago


Glendale, California, United States First American Financial Company Full time
About the Role

We are seeking a skilled Escrow Officer to join our team at First American Financial Company. As an Escrow Officer, you will play a critical role in 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.

Key Responsibilities
  • Complete real estate escrow transactions by determining requirements, clearing titles, assembling, preparing, and reviewing closing documents, and disbursing funds.
  • Determine closing requirements by studying and clarifying buyer, seller, and lender instructions.
  • Order title reports for issuing title insurance, 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.
  • 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 settlement statement by utilizing lender instructions.
  • Closes escrow account by balancing and disbursing funds.
  • Comply with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements.
Requirements
  • Familiar with standard concepts, practices, and procedures within the escrow/title industry field.
  • 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 employees of organization.
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
  • Detail-oriented and professional; able to handle confidential information.
  • Ability to deal with multiple types of roles such as real estate sellers, buyers, agents, and brokers.
What We Offer

By choice, we don't simply accept individuality – we embrace it, we support it, and we thrive on it. Our People First Culture celebrates diversity, equity, and inclusion not simply because it's the right thing to do, but also because it's the key to our success. We are proud to foster an authentic and inclusive workplace for all. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term. Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave, and other great benefits like an employee stock purchase plan.


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