Escrow Officer

ESCROW OFFICER WITH EXPERIENCE IN A TITLE COMPANY REQUIRED

ONSITE WESTMINSTER COLORADO

$31-$35/hour DOE

Summary: The Escrow Officer provides closing services assistance for one or more of the following lines of business; REO, residential resale, refinance, builder, and/or commercial.

Primary Duties and Responsibilities:

• Assist on the overall closing process
• Build and maintain professional relationship with customers
• Provide status of the transaction throughout the closing process to the appropriate customers
• Assist in reviewing contract, title commitment, and lender instructions in order to prepare settlement statements and the necessary real estate documents for closing
• Prepare closing statements using FHA, VA, and conventional lending guidelines to meet RESPA regulations
• Submit an error free settlement statement to lender for approval. Prepare closing statements using FHA, VA, and conventional lending guidelines to meet applicable RESPA and/or TRID regulations
• Provide a professional closing experience to include: obtaining appropriate signatures, handling of good funds, and meeting all title and lender requirements
• Complete knowledge and ability to handle a real estate transaction from the receipt of the contract through funding and disbursement
• Prepare the closing file for the disbursement department according to the company disbursement guidelines
• Resolve all post-closing reconciliation issues including company reports and according to company time frames

Other Duties and Responsibilities:

• Team player and mentor to closing assistant/closing team. At times assisting the closing assistant to obtain and/or update file information when needed for processing
• Communicate with Supervisor and co-workers on work load and scheduled closings
• Constant communication with assigned closing assistant
• Identify areas for improvement.
• Assist in training new employees
• Other duties as assigned by the Supervisor and/or Closing Manager

Qualifications:

• 1-2 years of closing experience
• College degree or equivalent work experience
• Solid knowledge of title insurance, regulatory guidelines, legal documents, and real property law
• Ability to build and maintain productive customer relationships
• Experience with developing alliances with others as necessary to accomplish work assignments
• Able to follow all company procedures and policies including meeting the company customer service expectations
• REO experience is a plus

Skills:

· Excellent verbal and written communication skills

· Good analytical and documentation skills

· Good customer service skills along with excellent problem solving ability

· Ability to productively interact with peers, customers and management

· Proficient with internet navigation

· Telephone etiquette

· Attention to detail, professionalism, organized and ability to prioritize

Mathematical Skills:

· Ability to work with mathematical concepts (e.g., probability and statistical inferences); the fundamentals of plane and solid geometry.

· Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.