Commercial Escrow Officer - Hybrid

Columbus, Ohio, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Real Estate, Financial ServicesIndustries

Requirements

Candidates should possess 2-4 years of escrow-related experience as an Escrow Officer, preferably in the commercial real estate sector, along with a passion for assisting customers and maintaining a professional and positive attitude. Strong communication skills, both verbal and written, are essential for interacting with internal and external customers.

Responsibilities

The Commercial Escrow Officer will be responsible for establishing new commercial escrow accounts, processing escrow documents, and completing commercial real estate escrow transactions by acting as a neutral liaison between buyers, sellers, and lenders. This role involves working cross-functionally with Underwriting to monitor and mitigate risk, ensuring proper accounting and disbursement of funds, preparing closing statements and title documents, and complying with regulatory requirements. Additionally, the officer will prepare regular reports on escrow account status and prepare legal documents for the closure of sales.

Skills

Commercial Escrow

Real Estate Transactions

Customer Service

Communication Skills

Legal Document Preparation

Risk Monitoring

Regulatory Compliance

First American

Provides title insurance and real estate services

About First American

First American provides title insurance, specialty insurance, and various real estate-related services. Their title insurance protects homebuyers and property owners from potential ownership disputes and financial losses related to real estate transactions. The company offers a platform called myFirstAm®, which allows users to access property information, manage orders, and streamline the closing process from any device. Unlike many competitors, First American has a vast database of property data, with over 5.5 billion document images, making it a leading provider of real estate data solutions. The company's goal is to facilitate smooth real estate transactions while ensuring that clients' investments are protected.

Santa Ana, CaliforniaHeadquarters

1889Year Founded

$800.2MTotal Funding

VENTURE_UNKNOWNCompany Stage

Financial Services, Real EstateIndustries

10,001+Employees

Benefits

401k matching

Health, vision, dental insurance

Professional development

Risks

Data breach allegations could harm First American's reputation and lead to legal issues.

Integration of Mother Lode may face challenges and financial risks.

Dependence on digital transformation poses risks if technology advances rapidly.

Differentiation

First American offers comprehensive title insurance and settlement services nationwide.

The company provides a vast database of over 5.5 billion document images.

First American's digital platform, myFirstAm®, enhances real estate transaction efficiency.

Upsides

Acquisition of Mother Lode expands First American's market share in California.

Docutech purchase boosts First American's digital mortgage revenue by 38%.

Growing fintech trends align with First American's digital transformation strategy.

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