Escrow Specialist
$56,160–$62,400 year
HybridChicago, Illinois, United States
Job Summary
Reconcile, allocate, and release escrow and commission payments while managing daily escrow activities, including funds management, account discrepancies, and reconciliations. Process outgoing third-party payments and wire transfers for agent sales and rental closings, responding to inquiries regarding pass-throughs, commission payouts, and deductions. Collaborate with Finance and Accounting teams on monthly analytics, end-of-month financial reports, annual audits, and compliance requirements. Request stop payments on commission checks and support special projects as assigned. Work out of the Lincoln Park office one day every other week with occasional visits to other Illinois locations.
Required Qualifications
- 3+ years of experience, in an accounting or payroll function
- Proficient in Excel and Google Suite
- Impeccable attention to detail and solid customer service instincts
- Must be able to work out of the following Compass offices located in Lincoln Park, one day, every other week, and expected to visit other IL offices occasionally for special events if needed
Desired Qualifications
- B.A. or B.S. degree preferred
- Prior experience in real estate is preferred
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