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Escrow Officer
Company:
First American Financial Corporation
( Learn More )
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General Information
Location:
US-OR-Coos Bay
Base Pay:
N/A
Req'd Education:
None
Employee Type:
Full-Time
Req'd Experience:
At least 3 year(s)
Req'd Travel:
Not Specified
Manages Others:
False
Relocation Covered:
False
Job Description
First American Title Insurance Company, the largest subsidiary of First American Financial Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through its direct operations and an extensive network of agents throughout the United States and abroad. First American Title provides comprehensive title insurance coverage and professional services for purchases, construction, refinances, or equity loans. The company’s thorough searches, title clearance, and insurance help to produce clear property titles and enable the efficient transfer of real estate. For more information, visit www.firstam.com. Responsible for establishing new escrow accounts and process escrow documents in accordance with established policies and procedures.• Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds.• 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. • Establishes escrow account by depositing funds; maintaining records. • Prepares transaction documents by completing forms and statements; collecting and reviewing existing documents. • Completes calculations by prorating taxes and interest. • Completes closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures. • Completes closing by recording and filing documents; preparing and distributing final closing statements and title. • Prepares HUD by utilizing lender instructions. • Closes escrow account by balancing and disbursing funds. • Complies with regulatory requirements by adhering, and enforcing adherence, to requirements. • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations. • Enhances organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
Job Requirements
High School diploma or equivalent1-2 years experience as an Escrow Asst I or a minimum of 3 years experience in a related real estate or title field.• Strong customer service orientation• Detail orientation• Excellent verbal communication• Problem solving skills• Strong organizational skills First American offers an empowered work environment that encourages creativity, initiative and professional growth. Our salaries are competitive and we offer an extensive benefits package, including: Health, Dental, Vision Care, 401(k) Retirement Savings Plan that includes a discretionary company match tied to profitability, Voluntary Long-term and Short-term Disability Insurance, Basic and Voluntary Life and Accidental Death Insurance, Flexible Spending Accounts (Health and Dependent Care), Employee Assistance Program, Discounted Employee Stock Purchase Program, Tuition Assistance Program, Voluntary Group Legal, Auto, Long-Term Care Insurance, Settlement Services Reimbursement Program, and Company Credit Union.
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