Commercial Escrow Officer

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Job description

Overview:

The Commercial Escrow Officer must possess the ability to effectively manage complex commercial real estate transactions. Combining closing and title knowledge, this position is responsible for managing all aspects of escrow for commercial, multi-site, and multi-state transactions. The Commercial Escrow Officer must exercise independent judgment and possess the knowledge and experience necessary to efficiently handle any situation which may arise during the escrow and closing process.

Duties:

Maintain strong and accurate attention to detail along with strong ability to prioritize and multi-task in a highly productive manner.
Utilize understanding of escrow, title standards and company underwriting guidelines associated with a wide variety of commercial transactions.
Work directly with clients, realtors, lenders and attorneys as it relates to the escrow function of the transaction.
Maintain escrow records and files in accordance with company guidelines
Ability to complete complex commercial transactions from inception to closing.
Ability to review title and recognize title requirement and formulate curative solutions as needed
Possess knowledge of legal documents with ability to analyze and evaluate documents as it relates to escrow.
Prepare the appropriate escrow documentation in accordance with policy and procedures and applicable statutory and Federal regulations.
Perform with teamwork mindset and close customer relations of both title staff and customers to produce positive solutions and meet closing timelines and requirements.
Must have excellent problem solving capability and analytical abilities

Requirements:

High School Diploma or equivalent

Experience:

High School Diploma or equivalent
Valid State Producers License preferred
Preferred Minimum of 3+ years Escrow Experience (Commercial Experience a plus)
Proficient in standard concepts, practices and procedures as it relates to escrow/title industry
Exceptional verbal/written communication, organizational, problem solving capability and analytical skills
Must be self-starter with ability to work independently
Ability to calculate figures, interest, commissions, prorations, rents, and escrow/title fees