Escrow Officer

Ultimate Staffing

Sacramento (CA)

On-site

USD 39,000 - 61,000

Full time

8 days ago

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Benefits offered by this job

Health insurance
Bonuses and commissions

Job summary

Ultimate Staffing Services in California is seeking an experienced Escrow Officer to manage the escrow process, ensuring compliance with legal standards and industry practices while leading a team to deliver accurate, timely closings.

The role requires at least 3 years of escrow experience and a valid notary license, with supervisory responsibilities and opportunities for bonuses. Typical hours are Monday through Friday, with pay commensurate with experience and the potential for commissions.

Qualifications

  • High School diploma or equivalent.
  • At least 3 years of Escrow Officer experience.
  • Notary license is required.
  • Supervisory experience preferred.

Responsibilities

  • Communicates daily responsibilities with the Branch or Escrow Manager.
  • Obtains demands/releases to clear title.
  • Draws instructions and supporting documents for signing.
  • Audits and closes file when all funds and documents are received.
  • Disburses funds and writes escrow instructions per requirements.
  • Estimates funds needed to close escrow and obtains deposits.

Job description

Ultimate Staffing Services is actively seeking a dedicated Escrow Officer to join their client's team in California. This position offers an exciting opportunity for an experienced professional to manage and oversee the escrow process, ensuring smooth transactions and compliance with legal and industry standards. The role involves preparation and processing of escrow documents, maintaining business relationships, and leading a team.

Responsibilities
  • Communicates and coordinates daily responsibilities with the Branch or Escrow Manager.
  • Obtains demands/releases to clear title.
  • Draws instructions and supporting documents for signing.
  • Audits and closes file when all funds and documents are received.
  • Disburses funds and writes escrow instructions consistent with the requirements of the parties, obtaining their approval.
  • Estimates the amount of money required to close escrow and obtains buyers' and sellers' deposits.
  • Reviews commitment and/or preliminary title report to verify vesting and legal description.
  • Reconciles discrepancies between instructions and title report with title officer and/or principals.
  • Orders beneficiary statements or demands, fire insurance, loan interest, rents, and other prorated items.
  • Directs and may participate in the preparation of settlement sheets.
  • Trains, supervises, guides, and assigns work to other associates in office.
  • Maintains confidentiality of all proprietary information and escrow transactions.
  • Understands and complies with escrow accounting procedures and Good Funds Law.
  • Solicits business in-person, development functions or activities, or virtual.
  • Prepares Account Servicing Setups, if applicable.
  • Knows Rate Manual and quotes accurate fees.
Qualifications
  • High School diploma or equivalent.
  • At least 3 years of Escrow Officer experience.
  • Supervisory experience is preferred.
  • Notary license is required.
  • Valid driver's license and reliable transportation is required.
Required Work Hours

Monday through Friday, 8:00 AM to 5:00 PM.

Benefits

The commitment is to foster a supportive and enriching environment for Associates, offering a comprehensive array of benefits designed to enhance their well-being and professional growth. Associates have access to robust health insurance and other benefits as per company policy.

Additional Details
  • Max Pay is $44 per hour.
  • Min Pay is $28.29 per hour.
  • This job is a supervisory position.
  • Position may be eligible for bonuses and commissions.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, Los Angeles County Fair Chance Ordinance, and San Francisco Fair Chance Ordinance.

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