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Escrow Officer
Confirmed live in the last 24 hours
Locations
Oklahoma City, OK, USA
Experience Level
Entry
Junior
Mid
Senior
Expert
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
First American

10,001+ employees

Title insurance & professional settlement services
Company Overview
First American is on a mission to provide comprehensive title insurance protection and professional closing/settlement services that produce clear property titles and enable the efficient transfer of real estate.
Benefits
  • 401k matching
  • Health, vision, dental insurance
  • Professional development