Escrow Officer

First American; Rio Rancho (NM); On-site; USD 28,000 - 31,000; Full time

Benefits offered by this job

Health benefits

401k

Paid time off

Job summary

First American is seeking an Escrow Assistant in Rio Rancho, NM to manage real estate escrow transactions including title clearance, document preparation, and fund disbursement. The role provides risk controls and requires attention to detail and client relations skills.

The ideal candidate has 2–4 years of escrow experience, a high school diploma or equivalent, and any state licensing as required. Competitive pay and benefits are offered as part of a comprehensive package.

Qualifications

• 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 of Microsoft Office applications.

Responsibilities

• Completes escrow transactions by determining requirements, clearing titles, and preparing closing documents.
• Orders title reports and resolves title defects to issue title insurance.
• Establishes escrow account by depositing funds and maintaining records.
• Prepares settlement statements and reviews documents with parties for accuracy and compliance.
• Closes escrow by balancing funds and filing final documents.
• Updates knowledge through ongoing education and industry publications.

Skills

Client relations

Organizational skills

Attention to detail

Communication

Reporting

Education

High School diploma or equivalent

Tools

Microsoft Office

Job description

Who We Are

We are Centric Title & Escrow, LLC, a Mother Lode Holding Company. We are a family! We like to throw a big party. We like to laugh out loud and have loads of fun. We encourage growth within our company. We are proud of the fact that our employees & leaders are passionate about taking care of their customers and in supporting each other. We take care of our people. We don’t just tell our folks how much we appreciate them, we show them. Each and every day.

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.

HOW YOU’LL CONTRIBUTE

• Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.
• Determines closing requirements by studying and clarifying buyer, seller, and lender instructions.
• Orders title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals.
• Establishes escrow account by depositing funds; maintaining records.
• 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 settlement statement by utilizing lender instructions.
• Closes escrow account by balancing and disbursing funds.
• Complies with regulatory requirements and company policy by adhering, and enforcing adherence, to requirements.
• Updates 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

• 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 types of roles such as real estate sellers, buyers, agents and brokers

$20.42 - $22.56

Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

What We Offer

By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.

• Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.

Our people are the foundation of Mother Lode Holding Company's success and that is the reason we put them first. This philosophy has cultivated a culture of happy employees who are highly engaged, passionate about their work and leave each day feeling they have made a difference.

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