What are the responsibilities and job description for the Escrow Officer position at TEEMA Title and Escrow Agency?
Job Overview
We are seeking a detail-oriented and experienced Escrow Officer to join our team. The ideal candidate will be responsible for managing the escrow process from start to finish, ensuring that all transactions are conducted smoothly and in compliance with applicable regulations. This role requires strong organizational skills, attention to detail, and a thorough understanding of the real estate closing process.
Duties
- Manage all aspects of the escrow process, including opening, processing, and closing escrows.
- Communicate effectively with clients, real estate agents, lenders, and other parties involved in the transaction.
- Prepare and review necessary documents related to the escrow process, ensuring accuracy and compliance with TILA and Fair Housing regulations.
- Conduct thorough title searches and coordinate with title companies as needed.
- Maintain accurate records of all transactions and ensure timely disbursement of funds.
- Provide exceptional customer service throughout the escrow process to enhance client satisfaction.
- Stay updated on industry trends, underwriting guidelines, and mortgage servicing practices.
- Utilize basic math skills for calculating fees and prorations accurately.
Qualifications
- Proven experience as an Escrow Officer or in a similar role within the banking or real estate industry.
- Familiarity with underwriting processes, loan origination, FNMA guidelines, and mortgage servicing is preferred.
- Proficient in 10 key typing for efficient data entry and document preparation.
- Strong understanding of TILA regulations and Fair Housing laws.
- Excellent organizational skills with the ability to manage multiple transactions simultaneously.
- Strong communication skills, both verbal and written, to effectively liaise with clients and stakeholders.
- Basic math skills for accurate calculations related to transactions.
If you are a motivated professional looking to advance your career in escrow services while providing exceptional service to clients, we encourage you to apply.
Job Type: Full-time
Pay: $50,000.00 - $65,000.00 per year
Benefits:
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Work Location: In person
Salary : $50,000 - $65,000