What are the responsibilities and job description for the Escrow Officer position at New Western?
The Escrow Officer assists in the closing of real estate transactions.
As an Escrow Officer, You Will
As an Escrow Officer, You Will
- Receipt and review purchase agreements, contracts, assignments.
- Provide updates to Realtors, lenders and purchasers on the status of receiving title commitments/preliminary reports and loan approval/instructions form the lender.
- Review title commitments/preliminary reports, relays curative requirements to parties involved and assists as necessary.
- Coordinate closing dates with clients, their customers, and lenders.
- Review closing instructions and documents from lender and prepares HUD settlement statements accordingly.
- Advise clients and customers on title policy options.
- Review escrow accounting reports to resolve any outstanding checks and open file balances.
- Where deficiencies are identified, notifies the branch manager of need for coaching and or performance counseling.
- Assist in marketing new business and promoting better service to clients and their customers.
- Act an effective team member by helping develop other staff members, providing assistance to other staff members as needed and encouraging others to perform at peak levels.
- Perform other duties as assigned.
- A High School Diploma or equivalent.
- College degree preferred.
- 2-3 years experience in the title & escrow insurance industry with at least 2 years experience as an escrow assistant/processor.
- Must be proficient with Qualia or similar systems software and MS Office.
- Effective communication, presentation and organization skills.
- Knowledge of abstracting and minor examination.
- Resident License may be required for regulatory compliance with transaction functions.
- Notary Public is required.
- Ability to work both independently and in a team setting; flexible, adaptable, and thrives in a fast-paced, changing environment.
- High degree of discretion dealing with confidential information.
- Skills in being a self-motivating, analytical, and proactive team player
- Full PPO medical and dental Insurance at no cost to employees and additional coverage for dependents.
- Vision insurance and short-term disability.
- 401K Plan with matching.
- Flexible PTO policy.
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