Escrow Officer at First American

Ideal for an experienced professional with a high school diploma and two to four years of background in the escrow or title industry. You must possess the requi

Work type: onsite

Location: USA, Texas, Cedar Park

Salary: $27 – $36/hr

Type: Full-time

Summary

Ideal for an experienced professional with a high school diploma and two to four years of background in the escrow or title industry. You must possess the required state licensing or certifications to handle real estate transactions independently. **What makes it worth a look...** First American is hiring for this full-time role in Cedar Park, Texas, offering a pay range of $26.88 to $35.83 per hour. It is a stable position at a long-standing firm known for its consistent industry presence and scale. **You might be a good fit if you...** * Hold valid state-mandated escrow or title licensing. * Have direct experience managing escrow accounts and clearing title defects. * Are proficient in Microsoft Office applications. * Can accurately calculate complex figures like interest, commissions, and tax prorations.

Job Description

# Who We Are

Join a team that puts its People First! 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® list for eleven 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.

# What We Do

Enable you to provide best in class service and support to your clients by leveraging industry leading technology and the strongest escrow and underwriter partners in the business. We are transforming the residential real estate experience one closing at a time. 

Come join our Home Builder branch of First American, where we recognize our true worth is our people.  We are looking to add an Escrow Officer to our growing team.   

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.

What You'll Do

• 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.


• Other duties as assigned

Required Education, Experience, Certification/Licensure

• 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

• 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

This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

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