Escrow Officer

Job Description

Job Description

We are looking for a detail-oriented Escrow Officer to support the successful completion of residential and commercial real estate transactions. In this Contract-to-Permanent position, you will play a key role in managing escrow files, ensuring compliance, and collaborating with various stakeholders to ensure smooth and timely closings. This role is based in Lombard, Illinois.

Responsibilities :

• Open and oversee escrow files for both residential and commercial real estate transactions, ensuring all necessary documentation is accurately recorded.
• Analyze purchase agreements, title commitments, and lender instructions to verify compliance and accuracy.
• Prepare and distribute essential closing documents, such as settlement statements, deeds, and escrow instructions.
• Collaborate with buyers, sellers, real estate agents, lenders, and title companies to facilitate timely and efficient closings.
• Collect and disburse funds in accordance with escrow instructions and finalized settlement statements.
• Ensure that all documents are signed, notarized, and filed appropriately with the relevant county offices.
• Adhere to state and federal regulations, as well as company policies, to maintain compliance throughout the escrow process.
• Address and resolve any discrepancies or issues that arise during the closing process efficiently and professionally.
• Deliver outstanding customer service by maintaining clear communication and support throughout the transaction.
• Keep detailed and accurate records to facilitate audits and meet internal reporting requirements.
• Proven experience in escrow processing and managing real estate transactions.
• Strong knowledge of title escrow, loan administration, and mortgage processes for both residential and commercial properties.
• Familiarity with preparing and reviewing mortgage documents, including closing statements and deeds.
• Exceptional attention to detail and the ability to ensure compliance with state and federal regulations.
• Strong organizational and multitasking skills to manage multiple transactions simultaneously.
• Excellent communication and interpersonal skills to work effectively with clients, agents, and other stakeholders.
• Proficiency in maintaining accurate records and documentation for audits and reporting.
• Ability to resolve issues with professionalism and a sense of urgency.