What are the responsibilities and job description for the Escrow Officer position at W3Global?
The Escrow Officer (on-site) prepares of all documents associated with the processing and closing of escrow, conveyance of title, recording of documents, clearing of title requirements and issuance of title insurance. Develops and maintains business by utilizing marketing and customer service techniques.
Your Responsibilities On The Team
Your Responsibilities On The Team
- Communicates and coordinates daily responsibilities with the Branch or Escrow Manager
- Obtains demands/releases to clear title
- Draws instructions and supporting documents for signing
- Audits and closes file when all funds and documents are received
- Disburses funds
- Writes escrow instructions consistent with the requirements of the parties and obtains their approval
- Estimates the amount of money required to close escrow and obtains buyers' and sellers' deposits
- Reviews commitment and/or preliminary title report to verify vesting and legal description
- Reconciles discrepancies between instructions and title report with title officer and/or principals
- Orders beneficiary statements or demands, fire insurance, loan interest, rents and other prorated items
- Directs and may participate in the preparation of settlement sheets
- Trains, supervises, guides and assigns work to other associates in office
- Maintains confidentiality of all proprietary information and escrow transactions
- Understands and complies with escrow accounting procedures
- Understands and complies with Good Funds Law
- Solicits business in-person, development functions or activities or virtual
- Prepares Account Servicing Setups, if applicable
- Knows Rate Manual and quotes accurate fees
- High School diploma or equivalent
- At least 5 years of Escrow Officer experience
- Supervisory experience is preferred
- Notary license is required
- Valid driver's license and reliable transportation is required
- This position may be eligible for bonuses.
- This position may be eligible for commissions.
- This position will be eligible for the described benefits listed in the section below in accordance with Company policy
Salary : $60,000 - $85,000