MortgageBoard

Commercial Escrow Officer - Remote

TX - New York
Pay Rate: $100000 - $120000 per year

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As the Commercial Escrow Officer or Closer, you will play a pivotal role in our operations, serving as the primary point of contact for complex commercial real estate transactions. This position represents the cornerstone of our commercial division in Texas, requiring exceptional expertise in managing high-value, multi-faceted property closings.

*This is a 100% remote opportunity that requires a following or book of business of at least $1MM+

Essential Duties and Responsibilities

• Draft, review, and interpret complex legal documents including contracts, closing statements, deeds, affidavits, and settlement statements with meticulous attention to detail
• Calculate and verify prorations, payoffs, and disbursements for multi-million-dollar transactions
• Conduct thorough file examinations to ensure all closing requirements are satisfied prior to funding
• Facilitate signing appointments with clear explanations of all documents for clients and attorneys
• Disburse funds accurately and promptly according to closing instructions and legal requirements
• Maintain comprehensive and well-organized transaction files that meet audit standards
• Ensure strict adherence to Department of Insurance regulations, RESPA, and other applicable state and federal requirements
• Ensure strict adherence to Department of Insurance regulations, RESPA, and other applicable state and federal requirements
• Develop and implement best practices for the commercial escrow department

CORE COMPETENCIES

• Excellence
• Customer Service
• Integrity
• Teamwork

Job COMPETENCIES

• Demonstrated expertise in title insurance regulations, escrow procedures, and commercial real estate documentation

Creative approach to resolving complex title issues and closing obstacles. Ability to develop innovative solutions to unexpected challenges while maintaining compliance with legal requirements and company policies.

• Advanced proficiency with industry-standard escrow and title software systems including Qualia, SoftPro, RamQuest, ResWare, or equivalent platforms
• Experience managing complex commercial transactions including office buildings, retail centers, industrial properties, and large-scale developments
• Thorough understanding of commercial lending procedures, ALTA requirements, and survey standards
• Exceptional interpersonal skills with the ability to build and maintain relationships with high-profile clients, attorneys, and partners.
• Demonstrated talent for clear communication of complex concepts to diverse audiences, from sophisticated investors to first-time commercial buyers
• Extraordinary attention to detail with the ability to identify potential issues within complex title commitments, legal descriptions, and closing documents. Capacity to catch discrepancies that others might miss while managing multiple concurrent transactions

Requirements

• Book of business- ideally $1MM to $5MM+
• Texas Escrow Officer License in good standing
• Requires at least 5 or more years in handling complex commercial transactions. A special emphasis on raw land development, light industrial, and multi-use and multi-family development
• Demonstrated computer skills including a working knowledge of MS Office products, including Outlook, Excel, Word, and PowerPoint.