Escrow Manager

CIM Group

(Los Angeles, California)
Full Time
Job Posting Details
About CIM Group
CIM Group® is a premier full service urban real estate and infrastructure fund manager with approximately $20.5 billion of assets under management. Since its founding in 1994, CIM has been a process- and research-driven investor that mitigates risk through the fundamental analysis of the long-term drivers in communities.
Summary
Has primary responsibility for coordinating escrow transactions associated with residential sales.
Responsibilities
* Creates and maintains buyer files * Collects and processes all necessary documentation for closing of escrow * Reviews and reconciles close of escrow statements * Conducts buyer file audits to ensure proper documentation in in place prior to close of escrow. * Produces escrow instructions based on buyer file audits. * Coordinates with Accounting and Financial Reporting Department for proper instructions to escrow of disbursement of funds to third parties, including bank/lender loan repayments * Coordinates with Accounting and Financial Reporting Department for the proper recordation into the accounting system (Yardi) of the various income and expense allocations resulting from the sale of residential units. * Oversees on-site Sales Coordinator(s) * Works closely with sales and marketing to assist in the production of BRE documentation
Ideal Candidate
* Bachelor’s degree or equivalent work experience. * Minimum of 4 years’ experience in coordinating/managing escrow transactions. * Demonstrated familiarity with BRE documentation and requirements for sale of residential units. * Demonstrated proficiency in Microsoft Office; Excel, Word and Outlook * Experience with Yardi or similar software; specifically Property Management and Construction modules is preferred.
Compensation and Working Conditions

Additional Notes on Compensation

401K matching; competitive medical, dental and vision plans

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