What are the responsibilities and job description for the Escrow Officer position at First Dakota Title Limited Partnership?
Job Title: Escrow Officer
Department: Escrow
Company First Dakota Title - Yankton
Reports To: Senior Vice President/Manager
Job Purpose:
Roles and Responsibilities: An Escrow Officer should be able to perform all duties related to the closing, from pre-close, closing preparation, presenting papers and post-closing. The primary role is listed in this description, however an Escrow Officer is expected to uphold the Core Values in their actions and words which will extend beyond the description below.
- Process real estate transactions, to include, but not limited to the following:
- Enter in settlement figures from purchase agreements and lender instructions.
- Utilize SoftPro as determined by management.
- Ensures all the requirements for the title commitment are met:
- Obtain mortgage and judgment payoffs with lenders,
- Coordinate mortgage satisfactions,
- Coordinate with realtors to obtain any specific information on the purchase agreement,
- Balance Closing Disclosure with lenders,
- Obtain deed for seller to sign.
- Follow protocols for re-verification of settlement numbers to reduce loss.
- Generate/print documents and checks for the closing transaction.
- Present papers and notarize documents in the closing office.
- Conduct the “Final Closing File Review.”
- Be the primary contact with our customers which are lenders, realtors, and their clients.
- Manage the Elk Point/Vermillion inbox as directed by management.
- Pull payoffs and deposits as required by post-closing work flow.
- Verify file balance and generate checks on refinance transactions.
- Conduct Courthouse duties as needed.
- Assist with productions and other projects as needed.
Job Type: Full-time
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Employee discount
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Referral program
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Application Question(s):
- Are you willing to undergo a background investigation?
Ability to Relocate:
- Yankton, SD 57078: Relocate before starting work (Required)
Work Location: In person