Escrow Officer

ForFutures Financial, Planning, a financial advisory practice of Ameriprise Financial Services LLC; Dallas (TX); On-site; USD 50,000 - 70,000; Full time

Job summary

Join a leading financial advisory practice as an Escrow Officer in Dallas. You will manage real estate transactions, establish escrow accounts, and ensure compliance with regulations. The role requires strong organizational skills and attention to detail. We offer a supportive workplace with a comprehensive benefits package, promoting diversity and inclusion.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

Paid Time Off

Employee Stock Purchase Plan

Qualifications

• 2-4 years related experience in escrow transactions.
• Valid Licensing/Certification as required by applicable state.

Responsibilities

• Handle real estate escrow transactions and establish new escrow accounts.
• Prepare and review closing documents and disburse funds.
• Comply with regulatory requirements and company policies.

Skills

Client Relations

Organizational Skills

Detail-oriented

Education

High School diploma or equivalent

Tools

Microsoft Office

Job description

Join to apply for the Escrow Officer role at ForFutures Financial, Planning, a financial advisory practice of Ameriprise Financial Services LLC

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Who We Are

Join a team that puts its People First! First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances, and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also earned awards as a best place to work for women, diversity, and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

What We Do

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. This role is based in our Fort Worth branch.

Job Description

HOW YOU’LL CONTRIBUTE

• Complete real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
• Determine closing requirements by studying and clarifying buyer, seller, and lender instructions.
• Order title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals.
• Establish escrow account by depositing funds; maintaining records.
• Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents.
• Complete calculations by prorating taxes and interest.
• Complete closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures.
• Complete closing by recording and filing documents; preparing and distributing final closing statements and title. Prepare settlement statement by utilizing lender instructions.
• Close escrow account by balancing and disbursing funds.
• Comply with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements.
• Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
• Other duties as assigned

What You’ll Bring

Required Education, Experience, Certification/Licensure

• High School diploma or equivalent
• 2-4 years related experience
• Experience directly handling escrow transactions as an escrow assistant preferable
• Valid Licensing/Certification as required by applicable state

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

• 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
• Ability to speak effectively before groups of customers or employees of organization
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume
• Detail-oriented and professional; able to handle confidential information
• Ability to deal with multiple roles such as real estate sellers, buyers, agents, and brokers

What We Offer

We embrace individuality and support diversity, equity, and inclusion. Our People First Culture celebrates what makes each of us unique. We are proud to foster an authentic and inclusive workplace for all. First American is an equal opportunity employer. Based on eligibility, we offer a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave, and other benefits like an employee stock purchase plan.