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Escrow Officer

Company: Title Alliance
Location: Glendale
Posted on: May 4, 2021

Job Description:

The Escrow Officer is responsible for pre-closing, coordinating with agents and lenders, preparing settlement statements, conducting the closing, assuring title policies are issued, as well as preparation and recording of documents. S/He is required to exercise extreme independent judgment and to possess the knowledge and experience necessary to efficiently handle any situation that may arise during the escrow/closing process.DUTIES & RESPONSIBILITIESManages all files to include processing escrows, including new subdivisions, re-sales, demand escrows, assignments, exchanges, loans, re-financing and other miscellaneous transactionsOrders all documents needed to close each file in a timely manner (i.e., demands, loan documents, tax certifications, inspections, surveys, payoff statements, bring downs/updates and insurance).Review and clear title, identify underwriting concerns and prepare settlement statements and closing packages. Complete post-closing duties including recordings, wire transfers.Act in accordance with Good Funds Policy, as well as assure each transaction is balanced prior to disbursementCompletes deeds, notes, requests for notice, subordination agreements, financing statements, etc. (as applicable by legal standards within each jurisdiction)Works with the title department in resolving issues (e.g., legal descriptions, easements, lot splits, vesting, federal tax liens, abstracts of judgment, bankruptcies, boundary disputes, and encroachments)Delegates appropriate duties to the escrow assistantProvides agents with weekly status update on every fileFollows company standards and practices when processing transactions, as well as applicable state laws and guidelinesReturns all calls, voicemails, and emails in a timely mannerPerforms other duties as assigned and adheres to The T.A. Way, regulatory requirements, policies, procedures and guidelines.

Minimum three (3) years of escrow experience required.A high school diploma is required. Associate degree PreferredMust be a Notary Republic or be bondable. Title Insurance license may be requiredUnderstands escrow standards, title clearance, real estate regulations and guidelines, and document preparation.Comprehends pay off per diems, tax prorations, interest, and the like.Understands and can explain lender documents and recordingsAdapts to new, different, or changing requirements and is attentive to detailsMaintains privacy and confidentiality of company information, as well as that of customers and co-workers; treating all with honestly, fairness and respectPleasant, courteous, and professional when dealing with internal and external customers or clientsDisplays responsible behaviors at work and a willingness to seeks out new challengesPlans and prioritizes work to manage time effectively and accomplish assigned tasksUses information technology and related applications to convey and retrieve information to include title software and e-recording.PM20 PI135473804

Keywords: Title Alliance, Glendale , Escrow Officer, Other , Glendale, Arizona

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