Jobs · Management

Commercial Escrow Officer (remote)

First American · New York, NY · 2 mo ago
RemoteRemoteManagement$30.91–$41.2/hrFull-time

About Us

First American's Direct division provides comprehensive title insurance protection and professional settlement services for real estate purchases, refinances, and equity loans. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people, fostering an inclusive, people-first culture that has earned numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We strive to be a great place to work for all, supporting innovation and empowering employees to reach their full potential.

About the Role

First American is looking to add a Commercial Escrow Officer to our growing National Commercial team. In this role, you will work in a dynamic, fast-paced setting, handling the escrow and settlement components for commercial transactions ranging from single-site to high-liability multi-site. You will be responsible for establishing new commercial escrow accounts, processing escrow documents, and helping fund transactions. This position plays a key role in transforming the commercial real estate experience by delivering next-generation solutions.

Responsibilities

  • Coordinate and track completion of title commitments for commercial transactions depending on the locality and corporate standards.
  • Properly price commitments, endorsements, policies, and guarantees using the appropriate schedule of fees and charges.
  • Work cross-functionally with Underwriting to review and approve documentation, including deeds, operating agreements, and corporate resolutions.
  • Ensure all funds are properly accounted for and disbursed in accordance with the terms of the contract.
  • Complete closing by reviewing, recording, and filing documents, including preparing and distributing final closing statements and title policies, ensuring adherence to delivery dates and timelines.
  • Prepare regular reports on the status of the escrow account and provide these reports to the parties involved in the transaction.
  • Prepare legal documents for the closure of the sale or refinance.
  • Comply with regulatory requirements by adhering to and enforcing adherence to established policies and procedures.

Requirements

  • Passion for helping customers while maintaining a professional and positive attitude.
  • Proven problem-solving skills with eagerness to learn and share.
  • Ability to navigate internal and external resources to gather information and resolve questions.
  • Excellent verbal and written communication with internal and external customers.
  • Natural curiosity and enjoyment in researching the history and background of transactions, analyzing, and evaluating records.
  • Thrives in contributing to a team working together to deliver beyond customer expectations.
  • Knowledge of MS Office suite and ability to quickly adapt to new software applications and technologies.
  • Flexible with the ability to multi-task and handle all aspects of title support.
  • High school diploma or equivalent.
  • 3-5 years of commercial title and escrow-related experience.

Pay

$30.91 - $41.20 hourly.

Benefits

  • Comprehensive benefits package including medical, dental, and vision.
  • 401k retirement plan.
  • Paid time off (PTO) and paid sick leave.
  • Employee stock purchase plan.

First American is an equal opportunity employer and embraces diversity, supporting an authentic and inclusive workplace for all employees.

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