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Escrow Funding Specialist

Spartan Title is a full-service title company specializing in complex single-family residential investment closings, including cases with heirship affidavits, probates, conservatorships, foreclosures, and liens. With over 15 years of expertise, Spartan Title delivers efficient, transparent service powered by advanced technology, allowing clients to track transactions seamlessly. Serving investors, agents, lenders, and more, Spartan Title embodies New Western’s commitment to resilience, speed, and precision in real estate investment transactions.  


As an Escrow Funding Specialist, You Will:
  • Review all signed documents and approvals for funding/disbursement of funds
  • Balance and disburse file
  • Cut and send out all checks and wires
  • Send signed recordable documents to recording
  • Check Positive Pay daily to verify no check exceptions with the bank
  • Help with daily recons and other tasks assigned by Manager


We are Looking for a Teammate that has:
  • Escrow accounting requirements
  • Knowledge of real estate transaction documentation
  • Strong organizational skills, attention to detail and flexibility
  • Strong verbal and written communication skills
  • Ability to work effectively with cross-functional teams in a fast-paced environment
  • Understanding of the key touch points of a residential title and closing transaction
  • Ability to be the primary point of contact to assist and resolve escalated issues
  • Working knowledge of title industry systems and software


We Offer the Following Benefits and Perks:
  • Full PPO medical and dental Insurance at no cost to employees and additional coverage for dependents.
  • Vision insurance and short-term disability.
  • 401K Plan with matching.
  • Flexible PTO policy.


Average salary estimate

$60000 / YEARLY (est.)
min
max
$50000K
$70000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Escrow Funding Specialist, New Western Corporate

Are you ready to take your career to the next level with Spartan Title as an Escrow Funding Specialist? Located in Addison, TX, Spartan Title is a reputable full-service title company that excels in managing intricate single-family residential investment closings. With a robust 15-year track record, we focus on delivering top-notch and efficient service with the help of cutting-edge technology. As an Escrow Funding Specialist, you will play a crucial role in ensuring that the funding and disbursement processes run smoothly. Your day-to-day activities will include reviewing signed documents for accuracy, balancing and distributing files, cutting and sending checks and wires, and communicating with various teams to maintain a seamless transaction experience for our clients. You will also check for any exceptions with banks and assist in daily reconciliations as needed. We value strong organizational skills, attention to detail, and the ability to work collaboratively in a dynamic environment, so if you have a robust understanding of real estate transactions and are eager to make a difference in the lives of investors and agents alike, we’d love to hear from you! Join us at Spartan Title, where our commitment to excellence is upheld through resilience, speed, and precision in every deal we handle.

Frequently Asked Questions (FAQs) for Escrow Funding Specialist Role at New Western Corporate
What are the primary responsibilities of an Escrow Funding Specialist at Spartan Title?

As an Escrow Funding Specialist at Spartan Title, your primary responsibilities include reviewing signed documents for funding, balancing and disbursing files, and ensuring that checks and wires are dispatched efficiently. You will also send signed recordable documents to recording, verify check exceptions daily with the bank, and support daily reconciliations as assigned by your manager.

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What qualifications are necessary for the Escrow Funding Specialist position at Spartan Title?

To qualify for the Escrow Funding Specialist role at Spartan Title, you should possess escrow accounting knowledge and a solid understanding of real estate transaction documentation. Strong organizational skills, attention to detail, and excellent verbal and written communication abilities are essential, along with the capacity to effectively collaborate with cross-functional teams.

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What skills are essential for success as an Escrow Funding Specialist with Spartan Title?

Successful Escrow Funding Specialists at Spartan Title possess strong organizational skills and a keen attention to detail. Flexibility in a fast-paced environment, effective communication abilities, and an understanding of residential title and closing transactions are also critical skills that contribute to success in this role.

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How does Spartan Title support the professional development of Escrow Funding Specialists?

Spartan Title is committed to the professional development of its Escrow Funding Specialists by offering comprehensive training programs and ongoing support. This emphasis on learning helps ensure that our team stays updated with industry trends and technologies, enhancing their capabilities in managing complex transaction closings.

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What benefits can an Escrow Funding Specialist expect at Spartan Title?

An Escrow Funding Specialist at Spartan Title enjoys a range of benefits including full PPO medical and dental insurance at no cost, additional coverage options for dependents, vision insurance, short-term disability, and a generous 401K plan with matching contributions. Our flexible PTO policy also allows for a healthy work-life balance.

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Common Interview Questions for Escrow Funding Specialist
What experience do you have in escrow accounting for real estate transactions?

In answering this question, it's best to highlight your hands-on experience with escrow processes, including any specific transactions you managed successfully. Mention any software you’ve used and how your attention to detail has benefited previous roles.

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How do you handle discrepancies in escrow transaction documentation?

Illustrate your problem-solving skills by discussing a specific instance where you identified a discrepancy and how you approached resolving it. Explain the importance of maintaining clear communication with all parties involved.

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Can you describe a time when you had to work under pressure?

Provide an example that reflects your ability to perform efficiently under tight deadlines. Highlight the techniques you used to stay organized and focused, as well as the successful outcome.

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What tools or software are you familiar with in the title industry?

Discuss any title or real estate transaction software systems you've used, emphasizing your proficiency in these tools. Explain how they assisted you in your previous roles and strengthened your performance.

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How do you prioritize tasks when disbursing funds?

Share your approach to managing multiple responsibilities simultaneously, detailing your methods for prioritization. You might mention tools you use or strategies to ensure all tasks are completed efficiently.

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What strategies do you use to ensure compliance with escrow guidelines?

Demonstrate your knowledge of escrow guidelines and your commitment to compliance. Discuss methods you have employed to keep abreast of regulations and ensure adherence in your previous roles.

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Describe how you would assist an escalated issue from a client?

In your answer, highlight your communication skills and approach to resolving conflicts. Discuss the steps you would take to ascertain the issue, communicate effectively with the client, and work towards a solution.

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How do you ensure accurate record-keeping of transactions?

Elaborate on the importance of meticulous record-keeping and mention any systems or protocols you follow to maintain accuracy. Providing specific examples can strengthen your answer.

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What do you know about Spartan Title and its services?

Research Spartan Title’s services and be prepared to articulate what you find compelling. Discuss how its emphasis on technology and customer service aligns with your professional values and how you can contribute to its mission.

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How would you handle balancing multiple projects at once?

Support your answer with techniques you use to manage time and prioritize tasks efficiently. Share your experience balancing responsibilities and how you ensure quality and attention to detail in every project.

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New Western Acquisitions, founded in 2008 and headquartered in Irving, Texas, is a wholesale investment brokerage that works to help real estate investors build wealth and financial freedom.

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Full-time, on-site
DATE POSTED
December 31, 2024

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