Escrow Officer - REMOTE Texas based

Employer
First American Title
Location
Washington, DC
Posted
Nov 24, 2021
Closes
Nov 26, 2021
Ref
222432446
Function
Accountant, IT
Hours
Full Time
Company SummaryJoin a team that puts its People First! First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For(R) list for six consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.Job SummaryWe are growing and need the best in the business! Hiring Escrow Officers for our Texas team! Must reside and be licensed in Texas. 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.Essential FunctionsCompletes 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.Knowledge And Skills/Technology UsedFamiliar with standard concepts, practices, and procedures within the escrow/title industry fieldKnowledge of Microsoft Office applicationsGood client relations and organizational skillsAbility to write reports and correspondenceAbility to speak effectively before groups of customers or employees of organizationAbility to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volumeDetail-oriented and professional; able to handle confidential informationAbility to deal with multiple types of roles such as real estate sellers, buyers, agents and brokersTypical EducationHigh School diploma or equivalentTypical Range Of Experience2-4 years related experienceExperience directly handling escrow transactions as an escrow assistant preferableLicense or CertificationValid Licensing/Certification as required by applicable stateFirst American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer.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.