Commercial Escrow Officer

Commercial Escrow Officer

Job Type: Full time

Summary: The Commercial Escrow Officer provides closing services for commercial transactions.

• Manage the overall closing process.
• Maintain professional relationship with customers.
• Provide status of the transaction throughout the closing process to the appropriate customers.
• Review contract, title commitment, and lender instructions in order to prepare settlement statements and the necessary real estate documents for closing.
• Submit an error free HUD-1 settlement statement to lender for approval.
• Provide a professional closing experience to include: obtaining appropriate signatures, handling of good funds, and meeting all title and lender requirements.
• Complete knowledge and ability to handle a commercial real estate transaction from the receipt of the contract through funding and disbursement.
• Prepare the closing file for the disbursement department according to the company disbursement guidelines.
• Resolve all post-closing reconciliation issues including company reports and according to company time frames.

• Team player and mentor to closing assistant/closing team. At times assisting the closing assistant to obtain and/or update file information when needed for processing.
• Closer must know and be able to perform every task of the closing assistant duties as well as their own.
• Constant communication with assigned closing assistant.
• Identify areas for improvement.
• Assist in training new employees.
• Other duties as assigned by the Supervisor and/or Closing Manager.

• 5 plus years of closing experience.
• College degree or equivalent work experience.
• Solid knowledge of title insurance, regulatory guidelines, legal documents, and real property law.
• Ability to build and maintain productive customer relationships.
• IMPACT system experience is a plus.
• Must have Current Notary.
• Producer’s License is a plus.

• Excellent verbal and written communication skills.
• Good analytical and documentation skills.
• Good customer service skills along with excellent problem solving ability.
• Ability to productively interact with peers, customers and management.
• Proficient with internet navigation.
• Telephone etiquette.
• Attention to detail, professionalism, organized and ability to prioritize.

• Ability to work with mathematical concepts (e.g., probability and statistical inferences); the fundamentals of plane and solid geometry.
• Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 15 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

• Operates in a typical office environment.
• Work is performed largely at a desk, utilizing typical office equipment, including computers.
• The noise level in the work environment is usually low to moderate.

Note:

This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position.

All applicants will be subject to a background check.