Escrow Officer, Senior

bluegrasslandtitle; Fort Mitchell (KY); On-site; USD 50,000 - 70,000; Full time

Job summary

bluegrasslandtitle in Fort Mitchell, Kentucky is seeking an experienced Escrow Officer to manage legal administrative duties for property transactions. You will work with various stakeholders to ensure all documents for closings are handled efficiently.

The ideal candidate will have strong communication and decision-making skills, along with the ability to mentor junior Escrow Officers. This role offers the chance to ensure transactions are smooth, meeting all regulatory requirements and client expectations.

Qualifications

• Proven experience as an Escrow Officer.
• Capable of managing multiple tasks efficiently.
• Experience in mentoring junior Escrow Officers.

Responsibilities

• Determine escrow requirements by studying and clarifying instructions.
• Obtain clear title by ordering title reports and resolving defects.
• Prepare transaction documents including forms and statements.
• Complete closing transaction documents for accuracy.
• Prepare Closing Disclosure utilizing lender instructions.
• Ensure fund disbursements are correct.
• Comply with regulatory requirements.

Skills

Good communication skills

Exceptional decision-making skills

Advanced clerical knowledge

Job description

JOB SUMMARY:

We are looking to hire an experienced Escrow Officer to perform legal administrative duties for clients selling and buying properties. In this role, you will be responsible for working with loan officers, lenders, real estate agents, and attorneys to acquire, analyze, and organize all essential documents required to process a closing package. This position requires someone who is capable of managing multiple tasks while still keeping an eye out for opportunities to exceed our customers' expectations. Our ideal candidate will be capable handling the full gamut of responsibilities from entering of the preliminary purchase contract and title order, to preparing the final closing package including the Closing Disclosure (CD), issuing the Title policy, and post-closing procedures.

To ensure success as an Escrow Officer, you should demonstrate good communication skills, exceptional decision-making skills, and advanced clerical knowledge. Senior level Escrow Officers are paired up with other Escrow Officers and are responsible for helping to develop and mentor them.

RESPONSIBILITIES:

• Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions.
• Obtains clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals.
• Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents.
• Completes closing transaction documents by assembling documents for closing; checking documents for completeness and accuracy.
• Prepares CD by utilizing lender instructions.
• Balancing funds to ensure disbursements are correct.
• Complies with regulatory requirements by adhering, and enforcing adherence, to requirements.
• Disburse loan proceeds upon approval from Lender.
• Other duties as may be assigned.