Escrow Specialist

Compass
Chicago
Workplace: HybridFull timeUSD 27 - 30 hourlyFunction: Finance & AccountingExperience: 3+ yearsSkills: ["Teamwork","Deadline management","Attention to detail","Customer service","Written communication"]

Own day-to-day escrow account administration for real estate transactions within the Transaction Management team. Reconcile, allocate, and release escrow and commission payments; manage incoming and outgoing funds, process intercompany transfers, and resolve account discrepancies. Support agents with pass-through (third-party) payment inquiries, commission payouts, deductions, and calculations. Partner with Finance and Accounting on reconciliations, monthly analytics, audits, and end-of-month financial reporting.

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Compass
Compass
1 month ago

Escrow Specialist

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Source: Company careers pageValidated by: Fursa AI
Last checked: 6 hours agoStatus: Live

Job Summary

Own day-to-day escrow account administration for real estate transactions within the Transaction Management team. Reconcile, allocate, and release escrow and commission payments; manage incoming and outgoing funds, process intercompany transfers, and resolve account discrepancies. Support agents with pass-through (third-party) payment inquiries, commission payouts, deductions, and calculations. Partner with Finance and Accounting on reconciliations, monthly analytics, audits, and end-of-month financial reporting.
Location: Chicago
Workplace: Hybrid
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Mid level

Key Responsibilities

  • •Reconcile, allocate, and release escrow and commission payments, maintaining daily escrow activities and resolving account discrepancies.
  • •Administer escrow account funds management, including incoming and outgoing funds and account reconciliations.
  • •Process outgoing third-party payments (pass-throughs) related to sales and rental closings, including stop payments and wire payments when necessary.
  • •Support agents with inquiries on pass-through payments, commission payouts, deductions, and commission calculations.
  • •Collaborate with Finance and Accounting on reconciliations, monthly analytics, monthly financial statement inquiries, and support annual financial and compliance audits.

Pay and Benefits

Salary: USD 27 - 30 hourly
Equity and Bonus:Equity
Perks:Paid LeaveParental LeaveHealth InsuranceDentalVision401kLife InsuranceDisability InsuranceCommuter BenefitsPet Insurance

Key Requirements

  • •3+ years of experience in an accounting or payroll function.
  • •Proficient in Excel and Google Suite.
  • •Strong written and verbal communication skills, with quantitative and written skills.
  • •Impeccable attention to detail with strong customer service instincts.
  • •B.A. or B.S. degree preferred; prior real estate experience is preferred.
Experience:3+ years
Skills:TeamworkDeadline managementAttention to detailCustomer serviceWritten communication
Languages:English
Tech Stack:ExcelGoogle Suite

Company Brief

Compass
A technology-driven real estate brokerage that combines a consumer-facing platform with agent tools and marketplace services to help clients buy, sell, and rent residential properties across the United States.
Industry: PropTech
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: New York, United States
Founded: 2012
WebsiteLinkedIn