Escrow Officer

American Title Service Agency

Escrow Officer

Scottsdale, AZ
Full Time
Paid
  • Responsibilities

    Job Description

    ** Work Performance**

    • Be familiar and comply with ATSA’s Best Practices for Escrow Handling, RESPA, Accounting and Recording best practices
    • Develop new and repeat business and responsible for establishing new escrow accounts
    • Complete real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds; interpret and explain loan documents
    • Determine escrow requirements by studying and clarifying buyer, seller, and lender instructions
    • Obtain clear title by ordering title reports; resolving title defects; satisfying existing liens and encumbrances against property or principals
    • Establish escrow account by depositing funds; maintaining records
    • Prepare transaction documents by completing forms and statements; collecting and reviewing existing documents and preparing for recording
    • Complete calculations by prorating taxes and interest
    • Complete closing transaction documents by assembling documents; reviewing papers with parties; explaining provisions and procedures; answering questions; checking documents for completeness and accuracy; obtaining signatures
    • Complete closing by recording and filing documents; preparing and distributing final closing statements and title
    • Prepare HUD by utilizing lender instructions and statements from stakeholders
    • Close escrow account by balancing and disbursing funds
    • Comply with regulatory requirements by adhering, and enforcing adherence, to requirements
    • Update job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
    • Enhance organization reputation by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments

    ** Team Work**

    • Proactively assist the entire office with signings, document handling, answering phones, asking how you may be of service

    • Support good working relationships with all clients; internal and external

  • Qualifications

    Qualifications

    • An established book of business is required
    • 2+ years Escrow Assistant experience
    • Good understanding of RESPA requirements
    • Strong organizational skills
    • Ability to prioritize in a high volume/fast paced environment
    • Excellent verbal/written communication skills
    • Impact experience
    • Intermediate MS Office Skills

    Additional Information

    All your information will be kept confidential according to EEO guidelines.