Commercial Escrow Officer (Remote)

First American

Minneapolis Minnesota

United States

Customer Service / Call Center
(No Timezone Provided)

Job Summary

Responsible for establishing new escrow accounts and processing escrow documents in accordance with established policies and

procedures. Acts as a neutral third-party between buyers and sellers during a real estate sale, managing funds and processing real estate

transactions. Provide support to Commercial Underwriting/Closing department by assisting with customer service and administrative duties related to escrow closings.

Essential Functions

  • Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions.
  • Interprets earnest money, escrow and purchase agreements as they relate to closing and prepare all documents required for transactions (ex. W-9, 1099, wire instructions)
  • 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; 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.
  • 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.

    • Knowledge and Skills/Technology Used

  • Knowledge of standard concepts, practices, and procedures within the escrow/title industry field
  • Knowledge of Microsoft Office applications
  • Good client relations and organizational skills
  • Ability to write routine reports and correspondence
  • Ability to speak effectively before groups of customers or employees of organization
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages 
  • Detail-oriented and professional; able to handle confidential information

    • Typical Education

  • High School diploma or equivalent

    • Typical Range of Experience

  • 2-4+ years Commercial escrow experience

    • Ability to work remote with the right experience.

    Commercial Escrow Officer (Remote)

    First American

    Minneapolis Minnesota

    United States

    Customer Service / Call Center

    (No Timezone Provided)

    Job Summary

    Responsible for establishing new escrow accounts and processing escrow documents in accordance with established policies and

    procedures. Acts as a neutral third-party between buyers and sellers during a real estate sale, managing funds and processing real estate

    transactions. Provide support to Commercial Underwriting/Closing department by assisting with customer service and administrative duties related to escrow closings.

    Essential Functions

  • Determines escrow requirements by studying and clarifying buyer, seller, and lender instructions.
  • Interprets earnest money, escrow and purchase agreements as they relate to closing and prepare all documents required for transactions (ex. W-9, 1099, wire instructions)
  • 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; 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.
  • 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.

    • Knowledge and Skills/Technology Used

  • Knowledge of standard concepts, practices, and procedures within the escrow/title industry field
  • Knowledge of Microsoft Office applications
  • Good client relations and organizational skills
  • Ability to write routine reports and correspondence
  • Ability to speak effectively before groups of customers or employees of organization
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, and percentages 
  • Detail-oriented and professional; able to handle confidential information

    • Typical Education

  • High School diploma or equivalent

    • Typical Range of Experience

  • 2-4+ years Commercial escrow experience

    • Ability to work remote with the right experience.

    Apply