Jr. Escrow Account Manager

Hanger Law•Virginia Beach, VA

1d•Onsite

About The Position

A law firm specializing in real estate transactions is seeking a detail-oriented and experienced Real Estate Escrow Account Specialist. The successful candidate will manage and oversee all escrow account activities, ensuring compliance with legal regulations and the firm's policies. This role requires a high level of accuracy, organization, and customer service skills to handle complex financial transactions related to property sales, purchases, and other real estate-related activities.

Requirements

Bachelor's degree in finance, accounting, business administration, or a related field.
Minimum of 3 years of experience in real estate escrow account management, preferably within a law firm or real estate title agency.
Thorough understanding of real estate transactions, escrow processes, and applicable laws and regulations.
Strong analytical and mathematical skills.
Excellent attention to detail and organizational skills.
Proficient in escrow software and Microsoft Office Suite.
Exceptional written and verbal communication skills.
Strong customer service orientation.
High level of integrity, professionalism, and the ability to handle sensitive information with confidentiality.

Nice To Haves

Paralegal certification or relevant coursework is a plus.

Responsibilities

Manage Escrow Accounts: Open, maintain, and close escrow accounts in accordance with state and federal regulations.
Document Review: Prepare and review all necessary documents for escrow transactions, ensuring accuracy and completeness.
Compliance: Ensure compliance with all relevant legal and regulatory requirements, including proper record-keeping and reporting.
Customer Service: Serve as a point of contact for clients, real estate agents, lenders, and other parties involved in the escrow process.
Communication: Maintain clear and effective communication with all employees to facilitate a smooth and timely closing process.
Problem-Solving: Identify and resolve any issues or discrepancies that may arise during the escrow process along with working with third-party auditors to resolve issues.
Record Keeping: Maintain detailed and organized records of all escrow transactions and related documents.
Coordination: Coordinate with various departments within the law firm to ensure seamless integration of escrow services with other legal and real estate services.