Escrow Officer

First American; San Antonio (TX); On-site; USD 40,000 - 55,000; Full time

Job summary

Join a leading company in the title insurance industry as an Escrow Assistant. You will manage real estate transactions, ensuring compliance and accuracy in documentation. The role requires strong organizational skills and attention to detail. Enjoy a supportive workplace that values diversity and offers comprehensive benefits.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k

PTO/Sick Leave

Employee Stock Purchase Plan

Qualifications

• 2-4 years of related experience in escrow transactions.
• Valid licensing/certification as required by the applicable state.

Responsibilities

• Complete real estate escrow transactions and prepare closing documents.
• Order title reports and resolve title defects.
• Ensure compliance with regulatory requirements and company policies.

Skills

Client Relations

Organizational Skills

Effective Communication

Attention to Detail

Education

High School diploma or equivalent

Tools

Microsoft Office

Job description

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 believed in its people. We are passionate about what we do and committed to fostering an environment where everyone feels welcome, supported, and empowered to innovate and reach their full potential. Our inclusive, people-first culture has earned us numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also received awards as a best place to work for women, diversity, and LGBTQ+ employees, and have been featured on over 50 regional best workplaces lists. First American strives to be a great place to work for all. For more information, please visit www.careers.firstam.com.

What We Do

We handle real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements according to established policies and procedures. We act as neutral liaisons between parties, adhere to company policies, and monitor and mitigate risks to the company.

How You’ll Contribute

1. Complete real estate escrow transactions by determining requirements, clearing titles, preparing and reviewing closing documents, and disbursing funds.
2. Determine closing requirements by studying and clarifying buyer, seller, and lender instructions.
3. Order title reports, resolve title defects, and satisfy liens and encumbrances against properties or principals.
4. Establish escrow accounts by depositing funds and maintaining records.
5. Prepare transaction documents by completing forms, collecting, and reviewing existing documents.
6. Calculate prorated taxes and interest.
7. Complete closing transaction documents, review papers with parties, explain provisions, and obtain signatures.
8. Record and file documents, prepare and distribute final closing statements and titles, and utilize lender instructions for settlement statements.
9. Close escrow accounts by balancing and disbursing funds.
10. Ensure compliance with regulatory requirements and company policies.
11. Participate in educational opportunities, read professional publications, and maintain professional networks.
12. Other duties as assigned.

What You’ll Bring

Required Education, Experience, Certification/Licensure

• High School diploma or equivalent
• 2-4 years of related experience
• Experience handling escrow transactions as an escrow assistant is preferable
• Valid licensing/certification as required by the applicable state

Knowledge, Skills, and Abilities (KSAs)

• Familiarity with standard concepts, practices, and procedures within the escrow/title industry
• Proficiency in Microsoft Office applications
• Strong client relations and organizational skills
• Ability to write reports and correspondence
• Effective communication skills for speaking before groups of customers or employees
• Ability to calculate figures such as discounts, interest, commissions, and percentages
• Attention to detail and professionalism, with the ability to handle confidential information
• Ability to interact with various roles including sellers, buyers, agents, and brokers

What We Offer

We embrace individuality and support diversity, equity, and inclusion as key to our success. Our People First Culture celebrates the unique qualities everyone brings to work. We are proud to foster an authentic and inclusive workplace for all. First American is an equal opportunity employer. Depending on eligibility, we offer a comprehensive benefits package including medical, dental, vision, 401k, PTO/sick leave, and other benefits like an employee stock purchase plan.