Escrow Officer
Role Overview
Join a team that puts its People First! First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.
Full Job Posting
Who We Are
Join a team that puts its People First! First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.
What We Do
First American is looking to add an Escrow Officer to our New Jersey team. In this role you will work in a dynamic, fast-paced setting focused on customer service and closing deals. This role requires exceptional decision-making skills, strong communication skills, and the ability to multi-task as part of a team. The Escrow Officer is responsible for handling real estate transactions by establishing new escrow accounts, managing funds, processing documents for closings, and completing settlements in accordance with established policies and procedures. This position plays a key role in making the dream of home ownership a reality. Ideally, this position will be located at one of the following branches. Other NJ branch locations may be considered. 530 Walnut Street, Suite 1655, Philadelphia, PA 123 Egg Harbor Road, Suite 806, Sewell, NJ
What You’ll Do
Complete real estate escrow transactions by determining requirements
Act as a neutral liaison between file parties, adhere to company policy, and monitor and mitigate risk to the company
Responsible for ensuring that all funds are properly accounted for and disbursed in accordance with the terms of the contract and our company policy
Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction
Examine property titles, mortgages, and trust deed documents
Prepare legal documents for the closure of the sale
Complete closing by recording and filing documents, preparing, and distributing final closing statements and title
What You’ll Bring
Experience handling escrow transactions as an escrow officer
NJ/PA experience preferred
Openness to new technology and proprietary programs; adjusts easily to new workflow
Passion for helping customers while maintaining a professional and positive attitude
Excellent verbal and written communication with both our internal team and external customers; comfortable using various types of communication to meet customer needs
Problem solver with strong organizational skills, is detail oriented, and knows how to navigate internal and external resources to resolve issues
Thrives in contributing to a team working together to deliver beyond customer expectations
Comfortable guiding and supporting future talent learning the business
Knowledge of MS Office suite and ability to quickly adapt to new software applications and technologies
Valid Licensing/Certification as required by applicable state
High school diploma or equivalent
Pay Range: $26.88 - $35.83 Hourly
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
What We Offer
- By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.
- Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.
Qualifications
- Experience handling escrow transactions as an escrow officer
- Openness to new technology and proprietary programs; adjusts easily to new workflow
- Passion for helping customers while maintaining a professional and positive attitude
- Excellent verbal and written communication with both our internal team and external customers; comfortable using various types of communication to meet customer needs
- Problem solver with strong organizational skills, is detail oriented, and knows how to navigate internal and external resources to resolve issues
- Thrives in contributing to a team working together to deliver beyond customer expectations
- Comfortable guiding and supporting future talent learning the business
- Knowledge of MS Office suite and ability to quickly adapt to new software applications and technologies
- Valid Licensing/Certification as required by applicable state
- High school diploma or equivalent
- Pay Range: $26.88 - $35.83 Hourly
- This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
Preferred Qualifications
- NJ/PA experience preferred
Responsibilities
- Complete real estate escrow transactions by determining requirements
- Act as a neutral liaison between file parties, adhere to company policy, and monitor and mitigate risk to the company
- Responsible for ensuring that all funds are properly accounted for and disbursed in accordance with the terms of the contract and our company policy
- Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction
- Examine property titles, mortgages, and trust deed documents
- Prepare legal documents for the closure of the sale
- Complete closing by recording and filing documents, preparing, and distributing final closing statements and title
About First American Financial
Provider of title, settlement, and risk solutions.
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