Job Details

ID #51133449
Estado Pennsylvania
Ciudad Pittsburgh
Full-time
Salario USD TBD TBD
Fuente Pennsylvania
Showed 2024-02-27
Fecha 2024-02-27
Fecha tope 2024-04-27
Categoría Legal/paralegal
Crear un currículum vítae
Aplica ya

Escrow and Paymaster Professionals Needed

Pennsylvania, Pittsburgh, 15201 Pittsburgh USA
Aplica ya

We are national boutique escrow firm that provides escrow and paymaster transactions in the following fields;


- Investment (Regulation D and A offerings)


- Commodity Transactions
- Collateral Enhancement


- Securities (credit swaps, repo loans)

- Project Financing

We are seeking to add an attorneys or accountants that have professional experience in financial fields.

Applicants Should;

- Have an existing IOLTA or fiduciary account at a bank or institution.

- Be willing to open separate accounts depending on transactional needs.

- Have a strong existing relationship with a bank or institution.

- Have a history of handling and processing large escrows or payments.

To be successful, applicants must maintain a strong relationship with the holding institution, which can include meetings with the bank manager or compliance department.

Who should not apply;

- Applicants with no transaction experience

- Applicants with no relationship with a bank or institution

How Paymaster Transactions Work:

Applicants must;

- Coordinate with the receiving bank to make sure funds are processed in a timely manner. Deposits will be received by wire transfer, bank transfer and physical check.

- Keep records of all payments, and notify us promptly with any issues.

- Monitor the account to make sure deposits fully clear and are credited.



How Escrow Transactions Work



Applicants must;

- Abide by the terms of the agreed escrow agreement.

- Notify the home office when terms of the escrow agreement are met, and funds can be released from escrow.

-Coordinate with clients and keep them updated with status.

Pay

This is a commission based job, where applicants will make 2.5% of all dispersement(s). Expectations of volume should be a minimum of $3m per month starting off, which equates to $75,000.00 per month. For the right applicants, with experience and relationships, we will consider a salary as well. This is a remote work opportunity and a great way to supplement income to your existing firm.

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