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Escrow assistant vs compliance assistant

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.

Escrow assistant vs compliance assistant overview

Escrow AssistantCompliance Assistant
Yearly salary$48,900$53,659
Hourly rate$23.51$25.80
Growth rate4%-
Number of jobs1,34315,330
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 60%
Average age4343
Years of experience--

What does an escrow assistant do?

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.

What does a compliance assistant do?

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 assistant vs compliance assistant salary

Escrow assistants and compliance assistants have different pay scales, as shown below.

Escrow AssistantCompliance Assistant
Average salary$48,900$53,659
Salary rangeBetween $31,000 And $76,000Between $26,000 And $107,000
Highest paying CityJuneau, AKWashington, DC
Highest paying stateAlaskaAlaska
Best paying companyFidelity National FinancialCiti
Best paying industry--

Differences between escrow assistant and compliance assistant education

There are a few differences between an escrow assistant and a compliance assistant in terms of educational background:

Escrow AssistantCompliance Assistant
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeStanford University-

Escrow assistant vs compliance assistant demographics

Here are the differences between escrow assistants' and compliance assistants' demographics:

Escrow AssistantCompliance Assistant
Average age4343
Gender ratioMale, 14.4% Female, 85.6%Male, 27.9% Female, 72.1%
Race ratioBlack 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 Percentage7%7%

Differences between escrow assistant and compliance assistant duties and responsibilities

Escrow assistant example responsibilities.

  • Create content for PowerPoint presentations used in online, interactive coaching lessons.
  • Function as a part-time independent contractor for 3 years performing loan signing for lenders, escrow or title companies.
  • Review and forward medical documents pertaining to veterans to ensure that critical issues are addressed in a timely manner.
  • Examine hundreds of documents such as memos, letters, e-mails, PowerPoint presentations, spreadsheets and other e-documents.
  • Work on a large FTC anti-trust investigation, multiple DOJ investigations and a law suit involving a large oil company.
  • Prepare outgoing loan documents sets by creating estimate HUD-1 and escrow instructions and amendments -Package loan documents and open sales transactions.
  • Show more

Compliance assistant example responsibilities.

  • Lead diverse team of experts accumulating and evaluating data for IG findings.
  • Create and manage a comprehensive database allowing the easy collection, interpretation, and analysis of information relate to GAO.
  • Proofread and edit meeting minutes.
  • Edit and proofread transcripts for court reporters.
  • Issue subpoenas and enforce same in federal court.
  • Perform final resolution on exceptions through AE systems.
  • Show more

Escrow assistant vs compliance assistant skills

Common escrow assistant skills
  • Customer Service, 28%
  • HOA, 9%
  • Loan Packages, 7%
  • Title Commitments, 5%
  • Payoff Demands, 5%
  • Work Ethic, 4%
Common compliance assistant skills
  • Data Entry, 12%
  • Compliance Audits, 9%
  • Student Athletes, 6%
  • Regulatory Compliance, 6%
  • NCAA, 6%
  • Compliance Policies, 4%

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