First American

Commercial Escrow Officer - Hybrid

Columbus, Ohio, United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Financial ServicesIndustries

Job Description

Position Overview

  • Location Type: Onsite
  • Employment Type: Full Time
  • Salary: Not specified
  • Company: First American (NYSE: FAF) – National Commercial Services
  • Brief Description: This role involves establishing and servicing commercial escrow accounts, processing escrow documents, and ensuring compliance with established policies and procedures within the commercial real estate space. The position plays a key role in transforming the commercial real estate experience by empowering employees and customers to deliver next-generation solutions and results.

Requirements

  • 2-4 years of escrow related experience as an Escrow Officer, preferably in Commercial
  • Passion for helping customers while maintaining a professional and positive attitude
  • Excellent verbal and written communication skills

Responsibilities

  • Provide outstanding customer service.
  • Complete simple and complex commercial real estate escrow transactions.
  • Determine requirements and act as a neutral liaison between buyer, seller, and lender.
  • Work cross-functionally with Underwriting to monitor and mitigate risk to the company.
  • Ensure that all funds are properly accounted for and disbursed in accordance with the terms of the contract.
  • Complete closing by reviewing, recording, and filing documents, including preparing and distributing final closing statements and title, ensuring adherence to delivery dates and timelines.
  • Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction.
  • Prepare legal documents for the closure of the sale.
  • Comply with regulatory requirements by adhering, and enforcing adherence, to requirements.

Company Information

  • Company Name: First American (NYSE: FAF) – National Commercial Services
  • Established: Since 1889
  • Culture: People-first, inclusive, and focused on fostering an environment where all feel welcome, supported, and empowered.
  • Awards:
    • Fortune 100 Best Companies to Work For® (10 consecutive years)
    • Best Place to Work for Women, Diversity and LGBTQ+ Employees
    • Included on more than 50 regional best places to work lists.
  • Website: www.careers.firstam.com

Who We Are

Join a team that puts its People First! As a member of First American's family of companies, National Commercial Services provides single-point service for simple to multi-property/multi-state national commercial real estate transactions.

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.

Land your dream remote job 3x faster with AI