Escrow Officer

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.

HOW YOU’LL CONTRIBUTE

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

Required Education, Experience, Certification/Licensure

• High School diploma or equivalent
• 5 years related experience
• Experience directly handling escrow transactions as an escrow assistant required
• Valid Licensing/Certification as required by Texas (or
• Completion within two weeks of hire date)

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

• Familiar with standard concepts, practices, and procedures within the escrow/title industry field
• Knowledge of Microsoft Office applications
• Knowledge of various title industry software (Aim , RamQuest, etc.)
• 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

Business Unit -