Sr Commercial Escrow Assistant at First American

San Jose, California, United States

First American Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Real Estate, Title InsuranceIndustries

Requirements

  • High School diploma or equivalent
  • Some college preferred
  • 3-5 years’ experience as an Escrow Assistant with proficiency in more complicated residential transactions
  • Strong understanding of contract, commitment and transaction
  • Strong customer service orientation
  • Detail orientation
  • Excellent verbal communication
  • Problem solving skills
  • Strong organizational skills
  • Strong working knowledge of Corporate and NCS policies and procedures, including wire fraud training

Responsibilities

  • Prepare closing statement
  • Obtain invoices and any title company documents required
  • Work with limited escrow supervision
  • Gain mastery of transactional accounting
  • Actively participate in all Escrow Regional/national escrow calls
  • Further understanding of title, endorsements and the risk associated with that coverage
  • Assist with customer service and administrative duties related to escrow closings
  • Other duties as assigned

Skills

Key technologies and capabilities for this role

Escrow ProcessingClosing StatementsTransactional AccountingCustomer ServiceContract ReviewWire Fraud PreventionTitle InsuranceEndorsementsCorporate PoliciesVerbal Communication

Questions & Answers

Common questions about this position

What is the pay range for the Sr Commercial Escrow Assistant position?

The pay range is $24.87-$33.15 hourly, based on factors like job-related knowledge, skills, experience, business requirements, and geographic location.

Is this a remote position, or is there an office requirement?

This information is not specified in the job description.

What skills and experience are required for this role?

Candidates need 3-5 years’ experience as an Escrow Assistant with proficiency in complicated residential transactions, plus strong customer service orientation, detail orientation, excellent verbal communication, problem-solving skills, and strong organizational skills.

What is the company culture like at First American?

First American has a people-first culture that emphasizes inclusivity, support, and empowerment, earning accolades like the Fortune 100 Best Companies to Work For for ten years, and recognition for diversity, women, and LGBTQ+ employees.

What makes a strong candidate for this Sr Commercial Escrow Assistant role?

A strong candidate brings 3-5 years of Escrow Assistant experience with proficiency in complicated transactions, a high school diploma (some college preferred), and key skills like customer service, detail orientation, communication, problem-solving, and organization.

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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