Escrow Officer - Bakersfield, United States - First American Financial Corporation

First American Financial Corporation

Verified Company

Bakersfield, United States

3 days ago

Posted by:

Mark Lane

beBee recruiter

Description

Who We Are:

What We Do:

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.

Acts as a neutral liaison between file parties, adheres to company policy, and monitors and mitigates risk to the company.

HOW YOU'LL CONTRIBUTE

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.
Other duties as assigned

WHAT YOU'LL BRING
Required Education, Experience, Certification/Licensure

High School diploma or equivalent
24 years related experience
Experience directly handling escrow transactions as an escrow assistant preferable
Valid Licensing/Certification as required by applicable state

KNOWLEDGE, SKILLS, AND ABILITIES (KSAs)

Familiar with standard concepts, practices, and procedures within the escrow/title industry field
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
Detailoriented and professional; able to handle confidential information
Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers

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 celebrates diversity, equity and inclusion not simply because it's the right thing to do, but also 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.