Escrow Manager

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.

Has primary responsibility for coordinating escrow transactions associated with residential sales.

• 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

• 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.