Escrow Officer

Full Time
Katy, TX 77494
Posted Today
Job description

Company Summary

Join a team that puts its People First! SUPREME Title provides comprehensive title insurance and professional closing settlement services for real estate purchases, refinances and equity loans. We are determined to set apart the standard and deliver the best class service in the title insurance and settlement service areas. As an independently owned and operated title agent company, SUPREME Title Company has gathered respect and distinction from clients, colleagues, and major industry institutions for our commitment to excellence, supreme customer service and people-first culture. SUPREME Title will always pursuit to be a great place to work, for all.

Job Summary

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.

Essential Functions

  • 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.
  • Follows instructions and responds to management direction.
  • Performs all essential functions by being physically present at the worksite on a full-time basis.
  • Originates business by contacting prospective clients and by developing and maintaining referral sources.
  • Markets, establishes and maintains business relationships with potential and existing clients through professional, social, civic and community groups that promote the services and goodwill of the company.

Competencies

  • Ability to comprehend and write instructions, correspondence and memos with proper punctuation, spelling and grammar.
  • Excellent verbal and interpersonal skills.
  • Ability to deliver superior internal and external customer service.
  • Highly organized with strong attention to detail.
  • Ability to multi-task.
  • Ability to consistently meet deadlines, demonstrate strong follow-through and to follow all regulatory and company procedures.
  • Ability to effectively present information in one-on-one and small group situations to customers, clients and other employees.
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
  • Ability to effectively utilize title-searching software.

Required Skills and Experience

  • Must possess a following/book of business consisting of $35-$40K/month in qualified sales volume.
  • Prefer college degree or equivalent work experience – high school diploma required.
  • 3+ years of real estate closing escrow transactions experience with residential sales, REO, refinance, short sale escrow, or commercial.
  • Must possess a strong understanding of real estate contracts, mortgage loans, title commitments, and title insurance.
  • Solid knowledge of title insurance, regulatory guidelines, escrow process, curative procedures, legal documents, and real estate property law.
  • Excellent written and verbal communication skills required.
  • Knowledge and experience using Microsoft Office.
  • Proficient working with escrow/title software (RamQuest preferred)

License or Certification

  • Valid Escrow Officer License as required by the Texas Department of Insurance.

Job Type: Full-time

Pay: $42,000.00 - $45,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Physical setting:

  • Office

Schedule:

  • Monday to Friday

Supplemental pay types:

  • Bonus pay

Ability to commute/relocate:

  • Katy, TX 77494: Reliably commute or planning to relocate before starting work (Required)

Experience:

  • Escrow and Settlement (Required)
  • escrow process (Required)

License/Certification:

  • Escrow Officer License (Required)

Work Location: One location

jjbodyshop.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, jjbodyshop.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, jjbodyshop.com is the ideal place to find your next job.

Intrested in this job?

Related Jobs

All Related Listed jobs