Full-Time

Operations Escrow Officer

Posted on 8/23/2024

Doma

Doma

1,001-5,000 employees

Modernizes home closing with technology solutions

Fintech
Real Estate

Compensation Overview

$60.3k - $95.8kAnnually

+ Commissions

Expert

Remote in USA

Category
Real Estate
Real Estate Property Management
Required Skills
Communications
Customer Service
Requirements
  • 10+ years of title & escrow experience with demonstrated success.
  • Proven customer service experience
  • Review and understand title search
  • Possess ability to understand advanced title and curative items
  • Ability to speak comfortably with Executive Level associates from Lender Partners
  • Have a driven, positive attitude and ability to work as a team player
  • Solution Driven
  • Recognize and mitigate potential risk to organization
  • Must understand title search/commitment content and requirements to clear for closing
  • Excellent phone, email, face-to-face and remote communication skills with the
  • Ability to handle heavy call volume effectively
  • The ability to operate in a strategic and forward-thinking manner
  • The ability to multitask, focus as required and to be proactive
  • Ability to thrive in a fast-paced, metrics-driven work environment
  • Attention to detail and organizational skills, knowledge of general escrow practices, title insurance and regulatory guidelines, and legal documents
  • Open minded to process changes, continuous system updates and enhancements
  • Proficient in using various computer programs and ability to navigate educational company provided resources.
  • Diverse Lender experience required
  • Effective time management
  • Resware experience a plus!
Responsibilities
  • Communicate, timely, professionally and courteously with our borrower and lender customers
  • Establish and maintain effective working relationships with a variety of lenders
  • Identify and understand curative issues that require attention/resolution and direct communication with lender or borrower
  • Communicate with borrower or lender to resolve curative issues as needed
  • Document preparation for necessary items including but not limited to conveyance Deeds and Subordinations where legally permitted
  • Prepare final closing package, including final settlement statements, revised CDs, borrower proceeds preferences, borrower affidavits, and more
  • Perform pre-close quality review of all title and escrow documents
  • Review lender documents for accuracy (review vesting page, signature pages, riders, deeds, ensure loan amount matches CD, ensure document dates match schedule dates)
  • Review and understand lender instructions in their entirety
  • Complete closings in a timely and high-quality manner
  • Prepare files for final policy generation, recording, and settlement statement
  • Confirm vesting during balancing
  • Ensure all invoices are obtained and funds collected prior to close
  • Balance a closing disclosure
  • Ensure that closing documents are delivered to the notary for signing (ensure all signers are present for closing and that document packages are delivered to signing agent/notary portal)
  • Verify signing details and accuracy of signed loan documents
  • Perform post-close file reviews for accuracy of payoffs, vesting, and lender documents for the disbursement of funds
  • Adhere to established quality and compliance standards
  • Effectively manage and resolve escalations

Doma modernizes the home closing process in the real estate industry by providing title and escrow services. Their platform, Agent Connect, offers tools and resources that simplify the transaction process for homebuyers, real estate agents, and lenders. Doma uses proprietary technology and machine intelligence to streamline operations, significantly reducing the time and effort typically required for closing a home. Unlike traditional services, Doma focuses on enhancing the customer experience by minimizing friction in real estate transactions. The company's goal is to create a seamless and efficient home ownership experience while ensuring that all property transactions are legally sound and secure.

Company Stage

IPO

Total Funding

$465.2M

Headquarters

Miami, Florida

Founded

2016

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Intellicheck enhances security, reducing real estate fraud risks.
  • Merger with TRG could expand Doma's market reach and service offerings.
  • Growing need for secure closings aligns with Doma's technology-driven solutions.

What critics are saying

  • Increased competition from States Title threatens Doma's market share.
  • Integration challenges may arise from the merger with TRG.
  • Rising real estate fraud could increase operational costs for Doma.

What makes Doma unique

  • Doma uses machine intelligence to transform real estate closings, making them instant.
  • Their platform, Agent Connect, streamlines the home closing process for diverse clients.
  • Doma's proprietary technology offers a seamless experience, setting a new industry standard.

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Benefits

Health care, vision, & dental

401k

Life insurance

AD&D plans

Career development

Generous PTO

Family leave

Flexible working options

INACTIVE