Senior Commercial Escrow Specialist - Hybrid

First American; Chicago (IL); Hybrid; USD 50,000 - 65,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401k

PTO / Paid sick leave

Employee stock purchase plan

Job summary

First American is seeking a Sr. Commercial Escrow Officer to join our Chicago team on a hybrid schedule. You will establish new commercial escrow accounts, process documents, and coordinate between buyers, sellers, and lenders to deliver accurate closing statements.

You will work cross-functionally with Underwriting, ensure funds are accounted for, and prepare closing documents while meeting strict timelines. A background in commercial escrow and strong communication are required.

Qualifications

• Experience leading teams, managing workflows, or training escrow staff.
• 4-6 years of escrow related experience as an Escrow Officer, preferably in Commercial
• Passion for helping customers while maintaining a professional and positive attitude.
• Excellent verbal and written communication with both internal and external customers; uses various types of communication to meet customer expectations and build relationships.
• Problem solving with strong organizational skills, detail oriented and knows how to navigate internal and external resources to resolve issues.
• May require escrow officer certification dependent upon state

Responsibilities

• Continually grow and service the business by providing outstanding customer service
• Complete simple and complex commercial real estate escrow transactions by determining requirements and acting as a neutral liaison between buyer, seller, and lender
• Work cross-functionally with Underwriting to monitor and mitigate risk to the company
• Responsible for ensuring that all funds are properly accounted for and disbursed in accordance with the terms of the contract
• Complete closing by reviewing, recording, and filing documents including preparing and distributing final closing statements and title, ensuring adherence to delivery dates and timelines.
• Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction
• Prepare legal documents for the closure of the sale
• Comply with regulatory requirements by adhering, and enforcing adherence, to requirements

Skills

Escrow leadership

Commercial escrow

Team management

Communication

Problem solving

Detail oriented

Education

High School Diploma/Equivalent

Job description

First American is seeking a Sr. Commercial Escrow Officer to join our Chicago team on a hybrid schedule. You will establish new commercial escrow accounts, process documents, and coordinate between buyers, sellers, and lenders to deliver accurate closing statements.

You will work cross-functionally with Underwriting, ensure funds are accounted for, and prepare closing documents while meeting strict timelines. A background in commercial escrow and strong communication are required.