The Commercial Escrow Officer is responsible for managing all aspects of escrow processes for complex land and commercial real estate transactions. This position requires a comprehensive understanding of escrow standards, real estate law, and client management. The officer will handle the coordination, documentation, and completion of all necessary escrow transactions while ensuring compliance with company policies and legal regulations. Preference to candidates with an existing book of business.
PRIMARY RESPONSIBILITIES
- Oversee the entire escrow process from opening to closing of commercial real estate transactions. Ensure that all documents, including contracts, contract summaries, loan instructions, and title commitments, are accurate and complete.
- Initiate and manage land files (including master, acquisition, and takedown documents).
- Collaborate with title examiners and underwriters to identify and resolve complex title issues and exceptions. Ensure that all title documents conform to applicable laws and client requirements.
- Draft and review all escrow-related documents, title documents, and closing statements. Analyze contractual obligations and ensure that all terms are met prior to disbursing funds.
- Serve as the primary liaison among all parties involved in the transaction. Facilitate closings and assemble fully executed documents and ensure all clearance items have been received.
- Maintain a thorough understanding of all governing laws and regulations related to escrow and real estate transactions. Conduct thorough post-close audits and review quality assurance reports to ensure all aspects of the escrow process have been completed accurately. Address and rectify any discrepancies or issues that arise.
- Other duties as assigned (if applicable).
Skills
- Experience working with title software such as Ramquest and Softpro
- Proven working experience as escrow officer.
- Familiarity with title commitments and surveys.
- Familiarity with title, escrow, and real estate closings;
- Computer literacy
- Proficiency in English
- Working knowledge of title related software such as SoftPro preferable but not required.
- Excellent administrative and organizational skills
- Ability to juggle multiple activities and work under pressure
Job Type: Full-time
Pay: $60,000.00 - $120,000.00 per year
Benefits:
- Health insurance
- Paid time off
Physical setting:
Schedule:
Experience:
- Title or Escrow: 4 years (Required)
Work Location: In person