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Escrow Officer
Scottsdale, AZ, United StatesPosted 2 months ago
Full-timehybridNot Applicable
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
- 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
All your information will be kept confidential according to EEO guidelines.