Jr Exchange Officer - Remote
121 S 8th St, Ste 1250, Minneapolis, MN 55402, United States
Position includes discussing transactions with clients and their advisors, preparing exchange documentation and facilitating the exchange aspect of the closing. Candidate must have or develop proficiency in 1031 exchange rules and work efficiently in a fast-paced environment.
**This is a fully remote position that will be working the Central Standard Time Zone**
PRIMARY DUTIES AND RESPONSIBILITIES:
Open Exchanges
- Develop proficiency in 1031 rules and ability to answer customer questions
- Handle inquiry calls
- Review purchase agreements and title reports
- Prepare exchange documentation for relinquished and replacement property closings
- Follow company’s procedures and comply with Accounting Policy
Process
- Monitor time deadlines and closing dates
- Handle all accounting for the exchange files
- Manage exchange process in a timely manner
Closing
- Review estimated closing statements for approval
- Handle acceptance and disbursement of funds in accordance with 1031 rules
- Collect fee income and final signed documentation
Customer Service/Business Development
- Trouble shooting and customer management
- Follow up with existing and potential clients for increased business
- Cooperate with manager and sales reps to develop business
REQUIRED SKILLS AND EXPERIENCE
- Experience: A minimum of three years in real estate, escrow, or 1031 exchanges is preferred but not required. A background in accounting, bookkeeping, customer service, or sales is highly desirable.
- Technical Proficiency: Strong computer skills, accurate typing, and a solid understanding of basic math.
- Organizational Strength: Demonstrated ability to plan, prioritize, and manage multiple tasks with attention to detail in a fast-paced environment.
- Communication: Excellent verbal and written communication skills with a collaborative, team-oriented mindset.
- Problem-solving skills: Creative and resourceful decision-making with a strong focus on customer satisfaction.
- Adaptability: Flexible and versatile, able to adjust to shifting priorities while maintaining professionalism.
- Leadership and Personal Attributes: Strong leadership capabilities, dependable, detail-oriented, and capable of managing stress effectively.
Pay Range: $27.40-$45.66 Hourly
This hiring range is a reasonable estimate of the base pay range for this position at the time of posting. Pay is based on a number of factors which may include job-related knowledge, skills, experience, business requirements and geographic location.
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What We OfferBy choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First Culture celebrates diversity, equity and inclusion not simply because it’s the right thing to do, but also because it’s the key to our success. We are proud to foster an authentic and inclusive workplace For All. You are free and encouraged to bring your entire, unique self to work. First American is an equal opportunity employer in every sense of the term.Based on eligibility, First American offers a comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave and other great benefits like an employee stock purchase plan. ApplyJob Profile
Fully remote position
Benefits/PerksFully remote Inclusive culture Inclusive workplace Opportunities for innovation People-first culture Recognition as a Top Workplace
Tasks- Facilitate 1031 exchanges
- Manage client inquiries
- Prepare exchange documentation
- Supervise exchange assistants
1031 exchange Accounting Attention to detail Bookkeeping Commercial Real Estate Communication Computer Customer service Escrow Leadership Organizational Problem-solving Real Estate Sales
Experience3 years
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9