Senior Escrow Officer

Job Description

Job Description

We are looking for a meticulous Senior Escrow Officer to join our team in Chicago, Illinois. This Contract to permanent position involves managing intricate residential and commercial escrow transactions while ensuring compliance with all regulatory and company standards. The ideal candidate will have a strong background in the real estate and mortgage industry, paired with exceptional organizational and communication skills.

Responsibilities :

• Handle the entire escrow process for complex residential and commercial transactions, from opening to closing.
• Examine purchase agreements, title commitments, and lender instructions to ensure accuracy and compliance.
• Prepare and distribute closing documents such as settlement statements, deeds, and escrow instructions.
• Verify that all conditions for closing are met, including proper signing, notarization, and recording of documents.
• Safeguard and disburse funds in alignment with escrow instructions and regulatory requirements.
• Identify and address issues related to title, funding, or documentation in a timely and precise manner.
• Adhere to federal, state, and company regulations to maintain compliance and uphold best practices.
• Provide guidance and mentorship to entry-level escrow staff, assisting with training and workflow improvement.
• Manage multiple tasks efficiently in a high-paced environment, ensuring deadlines are consistently met.
• Deliver excellent customer service while maintaining confidentiality in all transactions.
• Proven experience in escrow processing and title escrow operations.
• Familiarity with handling both residential and commercial real estate transactions.
• Strong knowledge of mortgage banking, loan administration, and real estate title processes.
• Proficiency in working with mortgage documents, payments, and servicing.
• Understanding of regulatory and compliance standards in the escrow and real estate industry.
• Excellent organizational and time management skills to handle multiple priorities effectively.
• Strong problem-solving abilities and attention to detail to address transaction issues.
• Exceptional communication and interpersonal skills to provide outstanding customer service.