Escrow Officer

L. K. Jordan & Associates; Boise (ID); On-site; USD 45,000 - 60,000; Full time

Job summary

L. K. Jordan & Associates is seeking an experienced Escrow Officer in Boise, Idaho. The role involves establishing new escrow accounts and overseeing real estate transactions to ensure compliance with regulations.

Qualifications include a high school diploma, 2 years of relevant industry experience, and knowledge of escrow and title duties. The position requires effective communication skills and proficiency in MS Office and industry software.

Qualifications

• Must have high school diploma or GED.
• Must have a minimum of 2 years of industry experience in escrow and title duties.
• Familiar with concepts and practices of the escrow/title industry.

Responsibilities

• Establish new escrow accounts and process escrow documents.
• Manage funds and process real estate transactions.
• Review and assemble closing documents.

Skills

Customer service

Communication

Multi-tasking

MS Office Suite

Escrow knowledge

Education

High school diploma or GED

Tools

RamQuest

Job description

Full-service personnel agency providing recruiting and staffing services for light industrial, administrative, clerical, finance and accounting, oil & gas, professional and technical personnel.

Job Description

Escrow Officers are responsible for establishing new escrow accounts and processing escrow documents in accordance with established policies and procedures. Acts as a neutral third-party between buyers and sellers during a real estate sale, managing funds and processing real estate transactions.

Essential Duties and Responsibilities include but are not limited to:

• Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
• Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions.
• Obtains clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals.
• Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
• Completes calculations by prorating taxes and interest.
• Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
• Completes closing by recording and filing documents; preparing and distributing final closing statements and title.
• Prepares HUD by utilizing lender instructions; closes escrow account by balancing and disbursing funds.
• Complies with regulatory requirements by adhering, and enforcing adherence, to requirements.
• Acts in advisory capacity, making recommendations which may have an important bearing on the conduct of the business.

Qualifications

Qualifications:

• Must have high school diploma or general education diploma (GED)
• Must have a minimum of 2 years of industry experience performing escrow and title duties
• Familiar with standard concepts, practices, and procedures within the escrow/title industry field
• Experience using the MS Office suite and industry software. RamQuest preferred
• Demonstrated mastery of multi-tasking effectively, particularly in fast-paced and high volume situations
• Notary or ability to obtain within 90 days
• Demonstrated ability to influence outcomes through effective written and oral communication skills
• Demonstrated commitment and effectiveness in the delivery of and focus on customer service to drive
• value

Additional Information

All your information will be kept confidential according to EEO guidelines.