Escrow Officer is responsible for providing escrow information to clients and loan officers. Supervises the preparation and delivery of all necessary escrow documents. Being an Escrow Officer provides mortgage holders with required tax documentation for filing tax returns. Ensures the process and documents are in compliance with all applicable regulations and laws. Additionally, Escrow Officer may require an associate degree. Typically reports to a manager or head of a unit/department. The Escrow Officer supervises a small group of para-professional staff in an organization characterized by highly transactional or repetitive processes. Contributes to the development of processes and procedures. To be an Escrow Officer typically requires 3 years experience in the related area as an individual contributor. Thorough knowledge of functional area under supervision. (Copyright 2024 Salary.com)
This person is responsible for the mortgage loan escrow accounts which includes the annual escrow account analysis and ensuring property taxes and insurance are paid.
This person should have an associate’s, degree plus four years of related experience, or the equivalent. This person must have good communication skills with a professional demeanor, the ability to manage multiple projects, an aptitude for details, the ability to multi-task, and the ability to collaborate well with others.