Jr. Escrow Account Manager

Job Description:

• 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.

Key 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.

Qualifications:

• Education: Bachelor's degree in finance, accounting, business administration, or a related field.
• Paralegal certification or relevant coursework is a plus.

Experience:

• Minimum of 3 years of experience in real estate escrow account management, preferably within a law firm or real estate title agency.

Knowledge:

• Thorough understanding of real estate transactions, escrow processes, and applicable laws and regulations.

Skills:

• 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.

Attributes:

• High level of integrity, professionalism, and the ability to handle sensitive information with confidentiality.

Work Environment:

• Location: The position is based in the law firm’s main office.

Hours:

• Full-time position, typically Monday through Friday, with occasional overtime required during peak transaction periods.

Compensation and Benefits:

• Competitive salary commensurate with experience.
• Comprehensive benefits package, including health insurance, retirement plans, and paid time off.
• Professional development opportunities and support for continuing education.

Application Process:

• Interested candidates are invited to submit their resume, cover letter, and references for further review. Hanger Law would like to thank all applicants for their interest in the position, however only those selected for an interview will be contacted.

About Hanger Law:

• Hanger Law is a general practice firm in the Hampton Roads area dedicated to bringing clients peace and clarity in the legal process.
• The attorneys and staff serve clients with care.
• Our employees enjoy a work culture that promotes hard work, autonomy, team-work, generosity, humility, flexibility, and being proactive.
• Hanger Law benefits include health care, dental, vision, paid time off, retirement savings, paid holidays, and professional and personal development.
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