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The differences between escrow assistants and compliance assistants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a compliance assistant has an average salary of $53,659, which is higher than the $48,900 average annual salary of an escrow assistant.
The top three skills for an escrow assistant include customer service, HOA and loan packages. The most important skills for a compliance assistant are data entry, compliance audits, and student athletes.
An escrow assistant is responsible for providing administrative services to real estate businesses, assisting the agents on coordinating with clients, and processing their documents. Escrow assistants review proposals and usually talk with clients for the service terms and disclosures. They also handle payment transfers, update client records on the database, and respond to the client's inquiries for related service alternatives. An escrow assistant must have excellent communication skills, both written and oral, especially on maintaining an organized record of transactions and storing sales documents.
The compliance officer's primary function is to monitor all of the company's daily production activities, ensuring everything complies with given policies in both the company and the government. A compliance assistant works under a compliance head officer. The assistant works on administrative and clerical duties, and may be part of company policy development to make sure they are lawful and without any hidden problems.
Escrow assistants and compliance assistants have different pay scales, as shown below.
| Escrow Assistant | Compliance Assistant | |
| Average salary | $48,900 | $53,659 |
| Salary range | Between $31,000 And $76,000 | Between $26,000 And $107,000 |
| Highest paying City | Juneau, AK | Washington, DC |
| Highest paying state | Alaska | Alaska |
| Best paying company | Fidelity National Financial | Citi |
| Best paying industry | - | - |
There are a few differences between an escrow assistant and a compliance assistant in terms of educational background:
| Escrow Assistant | Compliance Assistant | |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 60% |
| Most common major | Business | Business |
| Most common college | Stanford University | - |
Here are the differences between escrow assistants' and compliance assistants' demographics:
| Escrow Assistant | Compliance Assistant | |
| Average age | 43 | 43 |
| Gender ratio | Male, 14.4% Female, 85.6% | Male, 27.9% Female, 72.1% |
| Race ratio | Black or African American, 9.8% Unknown, 4.9% Hispanic or Latino, 20.7% Asian, 6.3% White, 57.5% American Indian and Alaska Native, 0.8% | Black or African American, 11.2% Unknown, 4.9% Hispanic or Latino, 21.1% Asian, 6.4% White, 55.6% American Indian and Alaska Native, 0.8% |
| LGBT Percentage | 7% | 7% |