Escrow Officer (in-office) at First American

Greenwood, Indiana, United States

First American Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Title InsuranceIndustries

Requirements

  • 2-4 years of escrow-related experience
  • Experience directly handling escrow transactions
  • 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 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

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
  • Ensure that all funds are properly accounted for and disbursed in accordance with the terms of the contract and 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

Skills

Key technologies and capabilities for this role

Escrow ManagementReal Estate TransactionsFund ManagementDocument ProcessingClosing SettlementsCustomer ServiceDecision MakingCommunicationMulti-taskingTeam Collaboration

Questions & Answers

Common questions about this position

What is the salary for the Escrow Officer position?

This information is not specified in the job description.

Is this Escrow Officer role remote or in-office?

This is an in-office position located at 373 Meridian Parke Ln, Ste D-1, Greenwood, IN.

What skills and experience are required for the Escrow Officer role?

Candidates need 2-4 years of escrow-related experience, experience directly handling escrow transactions, exceptional decision-making skills, strong communication skills, the ability to multi-task as part of a team, and openness to new technology and proprietary programs.

What is the company culture like at First American?

First American has a people-first culture that fosters an inclusive environment where employees feel welcome, supported, and empowered to innovate, earning accolades like the Fortune 100 Best Companies to Work For for ten years.

What makes a strong candidate for the Escrow Officer position?

A strong candidate will have 2-4 years of direct escrow transaction experience, strong decision-making and communication skills, the ability to multi-task in a team, and adaptability to new technology.

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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