Timeshare Escrow Officer (Hybrid)

Who We Are

Join a team that puts its People First! Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.

What We Do

The Timeshare Escrow Officer will establish escrow accounts and process transactions for vacation ownership properties in accordance with established policies and procedures for developers, brokers and consumers in a high volume, streamlined environment. Strong customer service skills needed to handle calls and requests, answer questions, and gather and provide information to clients. Receive contracts from clients, review purchase agreements, set up accounts, and verify data. Create title insurance policies for each transaction and distribute for each transaction. May prepare tax documents.

What You'll Do:

• Establish and build professional relationships with customers and clients; act as a liaison for specific resorts/properties when required.

• Address escalated customer service issues including coordination of dispute resolutions, understand role as neutral 3rd party and work with arbiter when required.

• Review contracts and purchase agreements to facilitate escrow closing, create and/or interpret amendments and cancellation instructions.

• Follow the requirements of attorney or lender closing instructions.

• Prepare closing documents on all transactions including those that may have unique features or complicated matters.

• Perform quality checks on files.  Communicate discrepancies per divisional procedures.

• Calculate title and escrow rates, including payoff, and tax prorations based on transaction type, state regulations and divisional filed title manuals.

• Verify receipt of deposit(s) and closing funds, balance file ensuring accurate accounting of all funds, disburse funds per closing instructions including preparing and sending wires.

• Prepare and distribute invoices for services and title insurance premium.

• Review and verify title search results and perform research to clear title and provide basic solutions for curative action.

• Identify and escalate concerning matters to avoid fraud.

• Perform required services associated with federal and state regulations based on transaction type, state regulations and divisional filed title manuals (1099, FIRPTA, HAPTA, SDN, etc)

• Ensure appropriate follow up procedures are initiated per department milestones and agreements.

• Other duties as assigned

What You'll Bring:

• High School diploma or equivalent

• Typically requires 3+ years related experience.

• Escrow Officer certification or completion of escrow officer training program.

• May require Notary licensing

• Strong customer service skills

• Knowledge of the effect of deeds, satisfactions, judgments, full re-conveyances, corporate documents, trust documents as it relates to property.

• Detail / quality oriented

• Problem solving skills.

• Effective communication skills: verbal & written.

• Proficient in MS Office

• Knowledge of company operating systems (i.e. FAST)

• Ability to work under pressure, manage challenging customer interactions, and remain flexible to changing schedules and demands.

• Thorough knowledge of escrow and title requirements based on transaction type, state regulations (i.e. document signings, rates, recordings, balanced files, good funds, FIRPTA, 1099, HARPTO, and Franchise Tax)

• Ability to manage high volume of files.

Pay Range: $23.37 - $31.14 Hourly

 

This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.

 

First American will consider for employment all qualified applicants, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws (e.g., the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act).

First American intends to conduct a review of an applicant’s criminal history in connection with a conditional offer. First American reasonably believes that a criminal history may have a direct, adverse and negative relationship with the following material job duties for this position potentially resulting in the withdrawal of the conditional offer of employment: handling of confidential, proprietary or trade secret information belonging to First American or its customers, administrating or facilitating financial transactions, and the ability to meet customer-imposed criminal history requirements.

What We Offer

By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.

Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan.