Escrow Officer

Who We Are We are Placer Title Company, a Mother Lode Holding Company. We are a family! We like to throw a big party. We like to laugh out loud and have loads of fun. We encourage growth within our company. We are proud of the fact that our employees & leaders are passionate about taking care of their customers and in supporting each other. We take care of our people. We don’t just tell our folks how much we appreciate them, we show them. Each and every day. What We Do 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. Job Complexities Assignments are moderately complex in nature. Has latitude for un-reviewed action or decision. Acts in advisory capacity, making recommendations which may have an important bearing on the conduct of the organization’s business. Supervision Received or Extended Typically, does not have supervisory responsibility Impact Works under general supervision setting own priorities and objectives Work may be reviewed for soundness of judgment and overall accuracy Knowledge and Skills/Technology Used Familiar with standard concepts, practices, and procedures within the escrow/title industry field Knowledge of Microsoft Office applications Good client relations and organizational skills Ability to write reports and correspondence Ability to speak effectively before groups of customers or employees of organization Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume Detail-oriented and professional; able to handle confidential information Ability to deal with multiple types of roles such as real estate sellers, buyers, agents and brokers Typical Education High School diploma or equivalent Typical Range of Experience 2-4 years related experience Experience directly handling escrow transactions as an escrow assistant preferable License or Certification Valid Licensing/Certification as required by applicable state Disclaimer The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal work hours and/or responsibilities from time to time, as needed. Pay Range: $26.88 - $35.83 Hourly This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location. ** Note that the following statements only apply to candidates who will be working from an unincorporated area within Los Angeles County. ** First American will consider for employment all qualified applicants, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws (e.g., the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act). First American intends to conduct a review of an applicant’s criminal history in connection with a conditional offer. First American reasonably believes that a criminal history may have a direct, adverse and negative relationship with the following material job duties for this position potentially resulting in the withdrawal of the conditional offer of employment: handling of confidential, proprietary or trade secret information belonging to First American or its customers, administrating or facilitating financial transactions, and the ability to meet customer-imposed criminal history requirements. What We Offer By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but because it's the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term. Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.