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Escrow Officer

Company: First American
Location: Coral Springs
Posted on: September 11, 2020

Job Description:

Job Description: First American Financial Corporation (NYSE: FAF) operates through its family of companies to help people achieve and protect their dream of homeownership. First American was named one of FORTUNE's 100 Best Companies to Work For-- in 2016 and 2017. With experience dating back to 1889, First American is a leading provider of title insurance protection and settlement services to the real estate and mortgage industries. More information about the company can be found at www.firstam.com Job Summary Essential Functions * Completes real estate escrow transactions by determining requirements; clearing titles; assembling, preparing, and reviewing closing documents; disbursing funds. * Determines closing requirements by studying and clarifying buyer, seller, and lender instructions. * Orders title reports for issuing title insurance, resolving title defects; satisfying existing liens and encumbrances against property or principals. * 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; reviewing papers with parties; 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. Prepares settlement statement by utilizing lender instructions. * Closes escrow account by balancing and disbursing funds. * Complies with regulatory requirements and company policy 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. Knowledge and Skills/Technology Used * Familiar with 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 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, percentages, area, circumference, and volume * Detail-oriented and professional; able to handle confidential information * Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers Typical Education * High School diploma or equivalent Typical Range of Experience * 2-4 years related experience * Experience directly handling escrow transactions as an escrow assistant preferable *Positions available in the Miami area. First American invests in its employees' development and well-being, empowers them to provide superior customer service and encourages them to serve the communities where they live and work. First American is committed to diversity and inclusion. We are an equal opportunity employer. For more information about our Company and our dedication to putting People First, check out firstam.com/careers.

Keywords: First American, Pompano Beach , Escrow Officer, Other , Coral Springs, Florida

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