Escrow Officer Job Description

escrow officer job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Escrow Officer Job Description

An escrow officer is an employee that receives and releases funds with a third party.

The escrow officer receives documents from the buyer and buyer’s counsel and forwards them to the seller and seller’s counsel.

The escrow officer also reviews the documents, verifies them, and forwards them to both parties.

Escrow officers also review documents, conduct a title search, and request additional information.

Escrow officers then review the documents and approve them or request certain documents be provided.

After receiving all the documents, the escrow officer returns the documents and funds to both parties.

The escrow officer then releases

Job Brief:

We’re looking for an Escrow Officer who is able to handle all aspects of the escrow process, from start to finish. The ideal candidate will be detail-oriented, organized, and have excellent customer service skills. If you are interested in joining our team, please submit your resume today.

Escrow Officer Duties:

  • Prepare and explain documents, reports, or statements explaining legal rights and obligations
  • Perform routine clerical functions relating to escrow transactions
  • Process loan documentation in accordance with title policy
  • Assist with real estate transactions
  • Coordinate with the borrowers, lenders, real estate agents, and attorneys
  • Establish, maintain, and update escrow records
  • Recommend appropriate escrow guidelines

Escrow Officer Responsibilities:

  • Develop, maintain, and oversee escrow and closing support programs
  • Set up and process closings for both residential and commercial transactions
  • Prepare all necessary documents and ensure information is accurate
  • Plan and execute smooth closings, including handling post-closing issues
  • Meet with clients, lenders, title companies, realtors, and other closing agents
  • Resolve problems, including ensuring title, liens, and survey information are correct, and reconciling all funds, as well as educating clients on real estate practices
  • Maintain business relationships with banking institutions, realtors, and other parties

Requirements And Skills:

  • Bachelor’s degree in accounting or economics or related field
  • 3+ years’ proven experience in an escrow or real estate related position
  • Strong knowledge of real estate and escrow practices
  • Ability to communicate effectively with clients and vendors
  • Knowledge of financial operations and accounting practices

Company Name is proud to be an Equal Opportunity Employer. We believe that diversity and inclusion are essential to building a strong team. We encourage applications from people of all backgrounds, religions, nationalities, genders, , , gender expressions, and ages. We are also committed to supporting veterans and individuals with disabilities.

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