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Commercial Escrow Officer

TX - Dallas

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

Primary Duties and Responsibilities :

  • Manage the overall closing process.
  • Maintain professional relationships 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 the 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 an 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.
  • Must have Current Notary
  • Producer's License is a plus.

Skills

  • 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

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