Job Details

ID #51133449
Estado Pennsylvania
Ciudad Pittsburgh
Fuente Pennsylvania
Showed 2024-02-27
Fecha 2024-02-27
Fecha tope 2024-04-27
Categoría Legal/paralegal
Crear un currículum vítae

Escrow and Paymaster Professionals Needed

Pennsylvania, Pittsburgh

Vacancy caducado!

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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