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Corporate banking officer vs escrow officer

The differences between corporate banking officers and escrow officers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a corporate banking officer and an escrow officer. Additionally, a corporate banking officer has an average salary of $91,218, which is higher than the $50,270 average annual salary of an escrow officer.

The top three skills for a corporate banking officer include cash management, corporate banking and risk management. The most important skills for an escrow officer are customer service, HOA, and title insurance.

Corporate banking officer vs escrow officer overview

Corporate Banking OfficerEscrow Officer
Yearly salary$91,218$50,270
Hourly rate$43.85$24.17
Growth rate4%4%
Number of jobs71,78462,077
Job satisfaction--
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 47%
Average age4545
Years of experience66

Corporate banking officer vs escrow officer salary

Corporate banking officers and escrow officers have different pay scales, as shown below.

Corporate Banking OfficerEscrow Officer
Average salary$91,218$50,270
Salary rangeBetween $58,000 And $141,000Between $36,000 And $70,000
Highest paying CitySan Francisco, CAWalnut Creek, CA
Highest paying stateWashingtonNew Mexico
Best paying companyWestpacFidelity National Financial
Best paying industryFinanceFinance

Differences between corporate banking officer and escrow officer education

There are a few differences between a corporate banking officer and an escrow officer in terms of educational background:

Corporate Banking OfficerEscrow Officer
Most common degreeBachelor's Degree, 70%Bachelor's Degree, 47%
Most common majorFinanceBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Corporate banking officer vs escrow officer demographics

Here are the differences between corporate banking officers' and escrow officers' demographics:

Corporate Banking OfficerEscrow Officer
Average age4545
Gender ratioMale, 63.1% Female, 36.9%Male, 14.9% Female, 85.1%
Race ratioBlack or African American, 9.1% Unknown, 4.6% Hispanic or Latino, 15.7% Asian, 6.3% White, 63.7% American Indian and Alaska Native, 0.5%Black or African American, 8.8% Unknown, 4.6% Hispanic or Latino, 16.0% Asian, 6.2% White, 64.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between corporate banking officer and escrow officer duties and responsibilities

Corporate banking officer example responsibilities.

  • Manage a combination of commercial and personal banking relationships, and promote cross-selling across multiple product lines.
  • Complete random audits on vaults, ATM's, cash boxes, and cash machines.
  • Monitor and track securities transactions, fund transfers, margin accounts.
  • Assist in cross selling new treasury services to existing clients in order to increase revenue.
  • Service and fund all daily treasury and corporate credit functions, checking for loan compliance and legal documentation.
  • Supervise end-of-dayprocessing for: teller, vault and ATM cash balancing, wire transfers, overdrafts and checkprocessing.
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Escrow officer example responsibilities.

  • Manage escrow department for title insurance company.
  • Perform closing for a variety of real estate escrows types, including but not limit to REO resale and resale escrows.
  • Operate multi-line phone system and perform basic office procedures.
  • Prepare closing documents, close escrow, TRID CD, clear title.
  • Order conveyance deeds and other pertinent documents from outside vendors.
  • Prepare documents to be record with county and return to mortgage company for conveyance.
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Corporate banking officer vs escrow officer skills

Common corporate banking officer skills
  • Cash Management, 25%
  • Corporate Banking, 23%
  • Risk Management, 8%
  • Client Relationships, 7%
  • Treasury, 7%
  • Loan Portfolio, 5%
Common escrow officer skills
  • Customer Service, 23%
  • HOA, 6%
  • Title Insurance, 6%
  • Notary, 5%
  • Develop Client Relationships, 5%
  • Real Estate Transactions, 5%

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