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.
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.
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.
5+ years' experience as an escrow assistant.
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.
Detail-oriented and professional; able to handle confidential information.
By choice, we don't simply accept individuality we embrace it, we support it, and we thrive on it! Our people first culture celebrates diversity, equity and inclusion not simply because it's the right thing to do, but also because it's the key to our success. We are proud to foster an authentic and inclusive workplace for all. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term. Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, pto/paid sick leave and other great benefits like an employee stock purchase plan.
Junior Escrow Officer • Austin, TX, US