September 29, 2016

Commercial Escrow Officer

First American - Cleveland, OH

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  • Company
    First American First American
  • Location
    Cleveland, OH
  • Job Type
  • Job Classification
    Full Time
  • Experience
    Mid-Career (2 - 15 years)
  • Education
    High School Diploma or GED
  • Company Ref #
  • AJE Ref #

Job Description

First American Title Insurance Company s National Commercial Services division provides single-point service for simple to multi-property/multi-state national commercial real estate transactions. One of the largest title insurers in the nation, First American traces its history to 1889 and was named one of FORTUNE s 100 Best Companies to Work For in 2016. For more information, visit

Job Description

Job Summary:

Responsible for establishing new commercial escrow accounts and develops escrow documents in accordance with established policies and procedures.
For large Commercial transactions:
* Maintain escrow records and files and acts as escrow agent.
* Responsible for managing a portfolio of assigned escrow customers and brokers. Provides high level of customer service and develops ongoing escrow referrals from existing escrow customers and brokers.
* Maintain records in the escrow accounting system and customer database.
* Opens escrow transactions; develops and/or obtains the appropriate escrow documentation in accordance with policy and procedures and applicable statutory and Federal regulations.
* Manages assigned escrow customers and brokers as their relationship manager; provides customer service and develops ongoing escrow referrals for transactions.
* Reviews escrow reports against escrow records to ensure accuracy of posted escrow transactions.

Job Qualifications

Job Qualifications:

-Must have high school diploma or equivalent
-5+ years related real estate, escrow and/or title experience with 3+ years experience directly handling commercial transactions
-Underwriting and legal knowledge preferred
-Experience working as a real estate attorney preferred
-Good working knowledge of Microsoft Office applications
-Strong organizational skills and the ability to manage multiple actions at once
-Flexibility to re-prioritize based on direction of management
-Ability to read and interpret documents such as escrow, closing, title, operating and procedure manuals
-Strong communication skills to work effectively with customers
-Ability to successfully work in a fast paced environment
-Proficient in MS Office