Escrow Officer Floater

First AmericanEl Dorado Hills, CA
4d$27 - $36

About The Position

Escrow Officer (Floater) – El Dorado Hills, CA (Must Reside Within Assigned Footprint) Responsible for handling real estate transactions by establishing new escrow accounts, managing escrow funds, processing closing documentation, and completing settlements in accordance with established policies and procedures. Ensures all transactions comply with regulatory requirements and internal risk controls. Acts as a neutral third party between buyers, sellers, lenders, agents, and other stakeholders to facilitate accurate and timely closings. Adheres strictly to company policy, underwriting standards, and audit guidelines while proactively identifying, monitoring, and mitigating risk exposure to the company. As a Floater, provides operational support across multiple branches within the designated geographic footprint. Must reside within the El Dorado Hills, CA footprint to ensure on-site availability and responsiveness to branch needs. Demonstrates adaptability, strong organizational skills, and the ability to manage a high-volume pipeline while maintaining service excellence and compliance standards.

Requirements

  • Familiar with standard concepts, practices, and procedures within the escrow/title industry field
  • Knowledge of Microsoft Office applications
  • 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 estate sellers, buyers, agents and brokers
  • High School diploma or equivalent
  • 2-4 years related experience
  • Experience directly handling escrow transactions as an escrow assistant preferable
  • Valid Licensing/Certification as required by applicable state

Responsibilities

  • 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.

Benefits

  • 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.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service