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Commercial Escrow Officer

Plano, TX 75093

Posted: 04/21/2022 Employment Type: Direct Hire Industry: Financial Job Number: 110464

Job Description

The Commercial Escrow Officer provides closing services for commercial transactions.

No book of business required

Primary Duties and Responsibilities:

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.


Other Duties and Responsibilities:

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.


Qualifications:

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.

To apply please email resume to: rosa.Berry@lkjordan.Com
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