Escrow Officer St. Louis MO

First American; St. Louis (MO); On-site; USD 40,000 - 70,000; Full time

Job summary

Join a forward-thinking company that prioritizes its people and fosters an inclusive environment. This role focuses on managing real estate escrow transactions, ensuring compliance, and providing exceptional client service. With a rich history and numerous accolades, the company is dedicated to supporting diversity and empowering employees to reach their full potential. If you're looking for a place where your contributions matter and your individuality is celebrated, this opportunity is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan

Paid Time Off

Sick Leave

Employee Stock Purchase Plan

Qualifications

• High School diploma or equivalent required.
• 2-4 years related experience preferred, especially in escrow transactions.

Responsibilities

• Complete real estate escrow transactions by determining requirements and preparing documents.
• Ensure compliance with regulatory requirements and company policies.

Skills

Escrow Management

Client Relations

Microsoft Office

Financial Calculations

Effective Communication

Education

High School Diploma

2-4 Years Related Experience

Job description

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. They are passionate about their work, and we foster an environment where everyone feels welcome, supported, and empowered to innovate and reach their full potential. Our inclusive, people-first culture has earned numerous accolades, including being named to the Fortune 100 Best Companies to Work For list for ten consecutive years. We have also been recognized as a best place to work for women, diversity, and LGBTQ+ employees, and featured on over 50 regional best places to work lists. First American strives to be a great place to work for all. For more information, 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 in accordance with established policies and procedures. We act as neutral liaisons between parties, adhere to company policies, and monitor and mitigate risks. This role supports our St. Louis market.

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 for issuing title insurance, resolving title defects, and satisfying liens and encumbrances.
4. Establish escrow accounts by depositing funds and maintaining records.
5. Prepare transaction documents by completing forms, collecting, and reviewing documents.
6. Perform calculations such as prorating taxes and interest.
7. Complete closing documents by assembling, reviewing, explaining provisions, answering questions, and obtaining signatures.
8. Finalize closings by recording and filing documents, and preparing final statements and titles.
9. Balance and disburse funds to close escrow accounts.
10. Ensure compliance with regulatory requirements and company policies.
11. Enhance job knowledge through education, reading, networking, and professional involvement.
12. Perform other duties as assigned.

WHAT YOU'LL BRING

Required Education, Experience, Certification/Licensure

• High School diploma or equivalent
• 2-4 years related experience
• Experience handling escrow transactions preferred
• Valid licensing/certification as required by state

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

• Knowledge of escrow/title industry concepts, practices, and procedures
• Proficiency with Microsoft Office
• Strong client relations and organizational skills
• Ability to write reports and correspondence
• Effective communication skills for groups and individuals
• Ability to perform calculations involving financial figures
• Detail-oriented and professional, capable of handling confidential information
• Ability to interact with various roles in real estate transactions

What We Offer

We embrace individuality and support diversity, equity, and inclusion as keys to our success. Our People First Culture encourages you to bring your full, authentic self to work. We are an equal opportunity employer. Eligible employees can access a comprehensive benefits package including medical, dental, vision, 401k, PTO, sick leave, and other benefits like an employee stock purchase plan.