Escrow Officer / Escrow Assistant ($45k-$65k)
Victory Title is looking to bring onboard a new Escrow Officer or Escrow Assistant. We are hiring variating levels of experience. Our Escrow position is responsible for preparation 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. Observe escrow principals to obtain pertinent facts, directs the preparation of escrow instructions, drawing of documents, issuance of title policies and the disbursement of funds, and otherwise assists escrow principals, their lenders and/or agents in the consummation of escrows involving the financing or sale of single family and small multi-family residences. Reconciles escrow instructions with commitment and/or preliminary title report. The ideal candidate will be organized, display the ability to prioritize, and excel in professional relationships.
RESPONSIBILITIES
- Communicates and coordinates daily responsibilities with the Branch or Escrow Manager.
- Determines appropriate priorities and workflow.
- Manages time, appointments, and schedule in an efficient manner.
- Effectively communicates in person and on the telephone with clients and customers. Answers customer questions and/or telephone calls concerning status of pending items in the escrow files. Takes proactive approach to providing status updates for Agents (i.e., closing status or information still required to close or title requirements that need to be addressed.)
- Obtains demands/releases to clear title.
- Takes terms and information needed to process escrow.
- Draws instructions and supporting documents for signing.
- Reviews commitment and/or preliminary title report to verify vesting and legal description. Compares exceptions shown in title report with buyers’, sellers’, and lenders’ instructions for possible liens or encumbrances not authorized in escrow or lender instructions.
- Reconciles discrepancies between instructions and title report with title officer and/or principals by modifying escrow instructions or assisting principals in obtaining releases of liens and other encumbrances.
- Directs and may participate in the preparation of settlement sheets showing detailed breakdown of escrow, title, loan, brokers’ commissions, and other changes.
- Maintains confidentiality of all proprietary information and escrow transactions.
- Understands and complies with escrow accounting procedures.
- Understands and complies with Good Funds Law.
- Refers questionable requests from customers to management for guidance
- Contacts brokers, real estate agents, builders, attorneys, lenders and other customers by telephone and in person to produce a comprehensive Closing Disclosure.
- Knowledge of Rate Manuals and quotes accurate fees.
- Other duties and responsibilities as assigned by supervisor.
REQUIREMENTS
Must work well in a team environment
In-office
Reliable transportation
COMPENSATION
Hourly Pay
Paid Training
Mileage reimbursement (potential)
401K Matching
About Victory
Victory Title was founded in 2019 at the onset of a global pandemic. With the antiquated and outdated title industry, Victory Title has positioned itself as a fresh and future forward option to the market. At Victory you will have the opportunity to help shape the company and the industry through your talents and your voice. If you are looking to be part of a team to redefine current industry expectations, reach out today!