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Escrow Co-Manager / Escrow Officer

Arc California Escrow, Inc.
Glendora, CA Full Time
POSTED ON 12/11/2024 CLOSED ON 1/27/2025

What are the responsibilities and job description for the Escrow Co-Manager / Escrow Officer position at Arc California Escrow, Inc.?

Job Overview
We are seeking a dedicated and experienced Escrow Manager to help lead our escrow staff. Escrow Manager / Officer position with a book of business. Escrow Manager will carry own desk and manage staff. We currently have an Escrow Manager. This is a Co-Manager position with Escrow Officer responsibilities.

This role requires excellent organizational skills, attention to detail, and the ability to manage multiple tasks effectively.

As an Escrow Co-Manager, you will be responsible for overseeing daily operations, ensuring compliance with Department of Financial Protection and Innovation (DFPI) standards, escrow practices, and fostering a positive work environment.

Responsibilities

Escrow Transaction Management:

  • Manage and coordinate all aspects of the escrow process for real estate transactions, primarily residential sales -- REO, Probate, Trust, Standard, Mobile Home -- and refinances.
  • Review and prepare escrow instructions, settlement statements, and other necessary documentation.
  • Ensure that all conditions of the escrow agreement are met and verify the accurate distribution of funds.
  • Liaise with parties involved, including buyers, sellers, agents, lenders, and title companies, to ensure the timely completion of all steps in the transaction.
  • Resolve any issues or discrepancies that arise during the escrow process in a professional and timely manner.

Team Leadership & Supervision:

  • Lead, mentor, and train a team of Escrow Officers and Escrow Assistants to ensure high standards of service and accuracy.
  • Provide guidance on complex or challenging transactions and offer solutions to problems as they arise.
  • Monitor workloads, set priorities, and ensure deadlines are met.
  • Provide updates and reports to Ownership

Compliance & Risk Management:

  • Ensure all escrow transactions comply with relevant federal, state, and local regulations, as well as company policies and procedures.
  • Maintain accurate records of all escrow transactions and ensure the proper handling of confidential information.
  • Stay up-to-date on changes in industry regulations and best practices.

Customer Service & Relationship Management:

  • Serve as the primary point of contact for clients, real estate agents, and other parties throughout the escrow process.
  • Provide clear and professional communication to ensure all parties are informed and comfortable with the progress of the transaction.
  • Address any client concerns or issues, offering solutions and maintaining a high level of customer satisfaction.

Escrow Closing & Fund Distribution:

  • Ensure proper disbursement of funds and handling of documents upon closing.
  • Review all final documents for accuracy and completeness.
  • Coordinate the recording of documents with the appropriate authorities, such as county recorder’s offices.

Requirements

  • 10 Years in Escrow
  • 2 Years as an Escrow Manager
  • Strong leadership qualities with the ability to motivate and develop team members.
  • Exceptional organizational skills with attention to detail in all aspects of work.
  • Ability to manage multiple priorities in a fast-paced environment while maintaining high standards of quality and a "client first perspective

Job Type: Full-time

Pay: $72,000.00 - $96,000.00 per year

Benefits:

  • Dental insurance
  • Health insurance
  • Paid time off

Schedule:

  • 8 hour shift
  • Monday to Friday

Ability to Relocate:

  • Glendora, CA 91741: Relocate before starting work (Required)

Work Location: In person

Salary : $72,000 - $96,000

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