Full-Time

Escrow Officer

Onsite

Confirmed live in the last 24 hours

First American

First American

10,001+ employees

Provides title insurance and real estate services

Financial Services
Real Estate

Compensation Overview

$22.8 - $30.38Hourly

Mid

Honolulu, HI, USA

This position will be onsite.

Category
Real Estate
Real Estate Finance
Real Estate Property Management
Required Skills
Customer Service
Requirements
  • High School diploma or equivalent
  • Typically requires 3+ years related experience.
  • Escrow Officer certification or completion of escrow officer training program.
  • May require Notary licensing
  • Strong customer service skills
  • Knowledge of the effect of deeds, satisfactions, judgments, full re-conveyances, corporate documents, trust documents as it relates to property.
  • Detail / quality oriented
  • Problem solving skills.
  • Effective communication skills: verbal & written.
  • Proficient in MS Office
  • Knowledge of company operating systems (i.e. FAST)
  • Ability to work under pressure, manage challenging customer interactions, and remain flexible to changing schedules and demands.
  • Thorough knowledge of escrow and title requirements based on transaction type, state regulations (i.e. document signings, rates, recordings, balanced files, good funds, FIRPTA, 1099, HARPTO, and Franchise Tax)
  • Ability to manage high volume of files.
Responsibilities
  • Establish and build professional relationships with customers and clients; act as a liaison for specific resorts/properties when required.
  • Address escalated customer service issues including coordination of dispute resolutions, understand role as neutral 3rd party and work with arbiter when required.
  • Review contracts and purchase agreements to facilitate escrow closing, create and/or interpret amendments and cancellation instructions.
  • Follow the requirements of attorney or lender closing instructions.
  • Prepare closing documents on all transactions including those that may have unique features or complicated matters.
  • Perform quality checks on files. Communicate discrepancies per divisional procedures.
  • Calculate title and escrow rates, including payoff, and tax prorations based on transaction type, state regulations and divisional filed title manuals.
  • Verify receipt of deposit(s) and closing funds, balance file ensuring accurate accounting of all funds, disburse funds per closing instructions including preparing and sending wires.
  • Prepare and distribute invoices for services and title insurance premium.
  • Review and verify title search results and perform research to clear title and provide basic solutions for curative action.
  • Identify and escalate concerning matters to avoid fraud.
  • Perform required services associated with federal and state regulations based on transaction type, state regulations and divisional filed title manuals (1099, FIRPTA, HAPTA, SDN, etc)
  • Ensure appropriate follow up procedures are initiated per department milestones and agreements.
  • Other duties as assigned.

First American provides title insurance, specialty insurance, and various real estate-related services. Their title insurance protects homebuyers and property owners from potential ownership disputes and financial losses related to real estate transactions. The company offers a platform called myFirstAm®, which allows users to access property information, manage orders, and streamline the closing process. Unlike many competitors, First American has a vast database of property data, with over 5.5 billion document images, making it a leading provider of real estate data solutions. The company's goal is to facilitate smooth real estate transactions while ensuring that clients' investments are protected.

Company Stage

N/A

Total Funding

$800.2M

Headquarters

Santa Ana, California

Founded

1889

Simplify Jobs

Simplify's Take

What believers are saying

  • First American's strategic acquisitions, such as Mother Lode Holding Company, enhance its market position and service offerings.
  • The company's focus on digital transformation, evidenced by the acquisition of Docutech, positions it well for future growth in the digital mortgage space.
  • Being recognized as a Fortune 100 Best Company to Work For highlights a positive work culture and strong employee satisfaction.

What critics are saying

  • The recent data breach allegations could damage First American's reputation and customer trust.
  • The highly competitive real estate and insurance markets require continuous innovation to maintain market share.

What makes First American unique

  • First American's comprehensive suite of services, from title insurance to real estate data solutions, offers a one-stop-shop for real estate transactions, unlike competitors who may specialize in only one area.
  • Their proprietary platform, myFirstAm®, provides seamless access to property information and transaction management, setting them apart in terms of technological integration.
  • The company's extensive database, covering 99% of U.S. housing stock, provides unparalleled data insights for real estate and mortgage decisions.

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Benefits

401k matching

Health, vision, dental insurance

Professional development