Escrow Officer

Confidential-.; Oklahoma City (OK); On-site; USD 40,000 - 80,000; Full time

Benefits offered by this job

Comprehensive health insurance

Matching 401(k) Retirement Plan

Paid Parental Leave

Education Assistance Program

Annual vacations

Job summary

An established industry player is seeking an Escrow Officer to oversee the escrow process for real estate transactions. In this role, you will manage all aspects of escrow, ensuring compliance with legal and financial requirements while providing exceptional service to clients. You'll coordinate closings, prepare and review essential documents, and mediate disputes, all while maintaining organized records. This full-time position offers a dynamic work environment where attention to detail and strong communication skills are essential. If you're ready to take your career to the next level in the real estate sector, this opportunity is perfect for you.

Qualifications

• Minimum 2 years of experience in escrow or similar roles.
• Strong knowledge of HUD-1 Settlement Statements and title insurance.

Responsibilities

• Manage escrow transactions from opening to closing.
• Prepare and review necessary documents for transactions.
• Ensure compliance with state and federal regulations.

Skills

Escrow Processes

Customer Service

Attention to Detail

Problem-Solving

Communication Skills

Organizational Skills

Education

2+ years of experience as an Escrow Officer

Tools

Escrow Software

Job description

Job Description: As an Escrow Officer, you will be responsible for managing the escrow process for residential and commercial real estate transactions from inception to completion. You will ensure that all legal and financial requirements are met while providing outstanding customer service to buyers, sellers, real estate agents, and lenders.

Key Responsibilities:

• Manage Escrow Transactions: Oversee the opening, processing, and closing of escrow accounts for real estate transactions.
• Prepare and Review Documents: Draft and review escrow instructions, HUD-1 Settlement Statements, Closing Disclosures, title commitments, and other necessary documents.
• Coordinate Closings: Schedule and facilitate the closing process, ensuring all parties are informed and all conditions are met.
• Handle Funds: Verify receipt of funds, manage the disbursement of funds post-closing, and ensure all parties are paid accurately and on time.
• Conduct Title Searches: Perform title searches to identify and resolve any title issues or discrepancies.
• Ensure Compliance: Maintain compliance with all state and federal regulations, including TRID (TILA-RESPA Integrated Disclosure) and other industry standards.
• Resolve Disputes: Mediate disputes between buyers and sellers, providing solutions to ensure successful transaction closures.
• Client Communication: Maintain clear and effective communication with clients, real estate agents, lenders, and other stakeholders throughout the escrow process.
• Maintain Records: Keep accurate and organized records of all transactions and related documentation.

Qualifications:

• Minimum of 2 years of experience as an Escrow Officer or in a similar role.
• Strong knowledge of escrow processes, HUD-1 Settlement Statements, Closing Disclosures, and title insurance.
• Familiarity with TRID regulations and compliance requirements.
• Proficiency in escrow software and related tools.
• Excellent attention to detail and strong organizational skills.
• Exceptional communication and customer service skills.
• Ability to manage multiple transactions and meet deadlines in a fast-paced environment.
• Problem-solving skills and the ability to mediate disputes effectively.

Benefits:

• Comprehensive array of benefits, robust health insurance plans, including Medical, Dental, and Vision coverage.
• Matching 401(k) Retirement Plan
• Paid Parental Leave and Associate Assistance Plan
• Education Assistance Program
• Annual vacations

Seniority level

Entry level

Employment type

Full-time

Job function

Sales and Management