Escrow Officer

Bluegrass Land Title; Fort Mitchell (KY); On-site; USD 40,000 - 60,000; Full time

Job summary

An established industry player is seeking an Escrow Officer to provide vital administrative support in real estate transactions. This role involves collaborating with a Senior Escrow Officer to ensure all necessary steps are completed for successful closings. Candidates should possess strong attention to detail, excellent communication skills, and the ability to manage stress effectively. Experience in processing residential escrow transactions in Kentucky and Ohio is preferred, with additional compensation for those licensed in Ohio. Join a dynamic team that values hard work and camaraderie, making every transaction a success.

Qualifications

• Previous experience as an Escrow Officer or Escrow Assistant is preferred.
• Experience in finance roles related to real estate lending is suitable.

Responsibilities

• Open escrows within 24 hours and ensure timely communication with customers.
• Assist in processing escrows, including funding, balancing, and signing.
• Maintain communication records with all escrow partners.

Skills

Attention to Detail

Teamwork

Excellent Communication

Proactivity

Stress Management

Education

Experience in Real Estate

Licensing in Ohio

Tools

Qualia

Job description

SO WHAT THE HECK IS AN ESCROW OFFICER?

Basically, an Escrow Officer is an Administrative Assistant in the Real Estate industry whose main purpose is to assist a Senior Escrow Officer with the daily activities and tasks required to get the transaction to the closing table. The escrow team (comprised of a Senior Escrow Officer and an Escrow Officer) works with buyers and sellers to ensure that all parts of a real estate transaction are completed prior to closing. They verify ownership, check for encumbrances, and ensure legal or contractual obligations are disclosed to the buyer.

The escrow team guides the process from the initial "taking of the order" to the point where the property is "cleared to close." While the Senior Escrow Officer oversees the entire process, the Escrow Officer ensures no steps are missed and is capable of stepping in when needed.

WHAT DOES IT TAKE TO BE SUCCESSFUL IN THIS ROLE?

Previous experience as an Escrow Officer or Escrow Assistant is preferred, but experience in finance roles related to real estate lending, such as Loan Officers or Loan Processors, can also be suitable. The role requires attention to detail, teamwork, proactivity, excellent communication skills, and the ability to learn new software systems like Qualia. Managing stress effectively is crucial, as clients and stakeholders can be demanding. We work hard but also enjoy team activities like "Almost-virgin margarita Fridays".

Job Summary

This role involves clerical support during real estate transactions, including opening title orders, communicating with lenders, realtors, and customers, obtaining funding authorization, reviewing files for signatures, scanning documents, balancing and disbursing funds, and other tasks as assigned.

Candidates with experience processing residential escrow transactions in Kentucky and Ohio will receive preferential treatment and a higher starting salary if licensed in Ohio.

Duties & Responsibilities

• Open escrows within 24 hours and ensure customers receive copies the same day
• Assist in processing escrows with high quality, including funding, balancing, and signing
• Order all necessary documents to close escrows timely
• Maintain communication records with all escrow partners
• Follow company standards, practices, and applicable laws
• Inform escrow officers of any issues relevant to closing
• Deposit funds promptly upon receipt
• Respond to calls, voicemails, and emails timely
• Perform other duties as assigned
• Adhere to company policies and guidelines

Required & Preferred Qualifications

Experience in processing residential escrow transactions in Kentucky and Ohio is preferred. Licensing in Ohio offers additional compensation benefits.