What Do Escrow Officers and Escrow Assistant Do?
Wondering what the job is really like for escrow officers and escrow assistant?
You've come to the right place.
Keep reading to find detailed information about what escrow officers and escrow assistant do, including the type of work they are tasked with on a daily basis, industries in which they work, and the specific skills needed for a successful career.
Escrow Officers and Escrow Assistant Overview & Description
Let's get started with the basics about escrow officers and escrow assistant by taking a look at a simple description and popular job titles.
Escrow Officers and Escrow Assistant enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify, or authenticate records.
Popular Job Titles For Escrow Officers and Escrow Assistant
Sample of Reported Job Titles
- Escrow Officers
- Data Integrity Analysts
- Commercial Escrow Officers
- Financial Examiners
- Compliance Investigators
- Financial Crimes Investigators
- Financial Investigators
- Financial Institution Examiners
- Special Investigation Unit Investigators
- Special Investigators
- AML Investigators
- Title Escrow Officers
Read on for insight into the industries where the highest concentration of jobs for escrow officers and escrow assistant can be found.
Best Industries for Escrow Officers and Escrow Assistant
Escrow Officers and Escrow Assistant Jobs By Industry
- Depository Credit Intermediation: 32.1%
- Federal Government, Civilian: 10.7%
- Management of Companies and Enterprises: 8.5%
- State Government, Excluding Education and Hospitals: 8%
- Other Financial Investment Activities: 7.9%
- Securities and Commodity Contracts Intermediation and Brokerage: 6.6%
- Other: 26.2%
When it comes to jobs in the United States, the largest single category of escrow officers and escrow assistant can be found working in the Depository Credit Intermediation sector. In 2022, about 32.1% of all jobs for escrow officers and escrow assistant were found there.
Other top industries by percentage include Federal Government, Civilian (10.7%), Management of Companies and Enterprises (8.5%), State Government, Excluding Education and Hospitals (8%), Other Financial Investment Activities (7.9%) and Securities and Commodity Contracts Intermediation and Brokerage (6.6%).
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Master finance principles and develop all-inclusive corporate finance strategies for business firms and financial institutions.
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Stay Sarbanes-Oxley compliant and promote a fraud-prevention culture while preparing for professional certifications like the CFE.
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- Cost Per Credit: $398
- Accreditation: IACBE
Distinguish yourself as a knowledgeable accounting professional with advanced technical, research, and communication skills.
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- Accreditation: IACBE
- Placement Tests: GMAT/GRE not required for admission
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What Do Escrow Officers and Escrow Assistant Do on a Daily Basis?
So you have a high-level understanding of what escrow officers and escrow assistant do and the types of industries in which they work - but what do they really do each day?
A great way to understand the type of work escrow officers and escrow assistant do is to examine actual job postings and focus on the specific skills that employers are seeking. That will help paint a clearer picture of the tasks that escrow officers and escrow assistant tackle each day.
Continue reading for a breakdown of specialized skills found in job postings for escrow officers and escrow assistant, as well as common skills - interpersonal qualities and attributes - that can help you thrive in the workplace.
In-Demand Skills for Today's Escrow Officers and Escrow Assistant
Based on 6,852 job postings
Top 5 Specialized Skills for Escrow Officers and Escrow Assistant
| Skills | Postings | % of Total Postings |
|---|---|---|
| Auditing | 2,092 | 31% |
| Accounting | 1,683 | 25% |
| Finance | 1,328 | 19% |
| Law Enforcement | 1,241 | 18% |
| Loans | 940 | 14% |
Top 5 Common Skills for Escrow Officers and Escrow Assistant
| Skills | Postings | % of Total Postings |
|---|---|---|
| Communications | 2,682 | 39% |
| Investigation | 2,499 | 36% |
| Management | 2,066 | 30% |
| Operations | 1,532 | 22% |
| Writing | 1,468 | 21% |
Based on 6,852 job postings related to escrow officers and escrow assistant, auditing was the top specialized skill sought by employers, with 31% of all postings looking for that skillset. Skills for accounting, finance, law enforcement, loans and financial services were also highly sought.
As for common skills, communications was the most desired skill found in job postings for escrow officers and escrow assistant, followed by investigation, management, operations, writing and customer service.
| Skill | Postings | % of Total Postings |
|---|---|---|
| Auditing | 2,092 | 31% |
| Accounting | 1,683 | 25% |
| Finance | 1,328 | 19% |
| Law Enforcement | 1,241 | 18% |
| Loans | 940 | 14% |
| Financial Services | 932 | 14% |
| Anti Money Laundering | 917 | 13% |
| Bank Secrecy Act | 741 | 11% |
| Economics | 739 | 11% |
| Risk Management | 705 | 10% |
| Marketing | 670 | 10% |
| Financial Analysis | 658 | 10% |
| Financial Statements | 642 | 9% |
| Title Insurance | 639 | 9% |
| Data Analysis | 592 | 9% |
| Office Of Foreign Assets Controls | 530 | 8% |
| Financial Institution | 488 | 7% |
| Liens | 478 | 7% |
| Real Estate Transactions | 474 | 7% |
| Mortgage Loans | 472 | 7% |
| Skill | Postings | % of Total Postings |
|---|---|---|
| Communications | 2,682 | 39% |
| Investigation | 2,499 | 36% |
| Management | 2,066 | 30% |
| Operations | 1,532 | 22% |
| Writing | 1,468 | 21% |
| Customer Service | 1,411 | 21% |
| Detail Oriented | 1,291 | 19% |
| Microsoft Office | 1,158 | 17% |
| Research | 1,149 | 17% |
| Sales | 1,057 | 15% |
| Microsoft Excel | 1,010 | 15% |
| Real Estate | 1,005 | 15% |
| Organizational Skills | 935 | 14% |
| Leadership | 846 | 12% |
| Problem Solving | 825 | 12% |
| Verbal Communication Skills | 797 | 12% |
| Collections | 710 | 10% |
| Business Administration | 694 | 10% |
| Interpersonal Communications | 685 | 10% |
| Self-Motivation | 674 | 10% |
Most In-Demand Jobs for Escrow Officers and Escrow Assistant
Top 5 Posted Job Titles
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Escrow Officers | 2,697 | 15.8% |
| Data Integrity Analysts | 1,513 | 8.9% |
| Commercial Escrow Officers | 1,240 | 7.3% |
| Financial Examiners | 880 | 5.2% |
| Compliance Investigators | 737 | 4.3% |
According to job postings that were published between September 2021 and August 2022, the top job sought by employers was escrow officers, with 902 unique job postings. Data integrity analysts were second, with 421 postings, followed by commercial escrow officers, financial examiners and compliance investigators.
Expand the section below to see unique job postings for all occupations related to escrow officers and escrow assistant.
| Job Title | Postings | % of Total Postings |
|---|---|---|
| Escrow Officers | 2,697 | 15.8% |
| Data Integrity Analysts | 1,513 | 8.9% |
| Commercial Escrow Officers | 1,240 | 7.3% |
| Financial Examiners | 880 | 5.2% |
| Compliance Investigators | 737 | 4.3% |
| Financial Crimes Investigators | 579 | 3.4% |
| Financial Investigators | 799 | 4.7% |
| Financial Institution Examiners | 551 | 3.2% |
| Special Investigation Unit Investigators | 948 | 5.6% |
| Special Investigators | 632 | 3.7% |
| AML Investigators | 856 | 5% |
| Title Escrow Officers | 975 | 5.7% |
| Credit Union Examiners | 1,937 | 11.4% |
| BSA/AML Investigators | 491 | 2.9% |
| Escrow Officers/Closers | 780 | 4.6% |
| Escrow Officers and Escrow Assistant | 892 | 5.2% |
| AML Directors | 162 | 1% |
| Bank Examiners | 145 | 0.9% |
| CPS Investigators | 83 | 0.5% |
| Financial Examiners/Analysts | 126 | 0.7% |
Additional Links
Ready to dig deeper into career information for escrow officers and escrow assistant? Visit our other pages focused on salary and education for escrow officers and escrow assistant.
How much do escrow officers and escrow assistant make?
Escrow Officers and Escrow Assistant: How do you become one?
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