[Hiring] Reverse Exchange Assistant @First American

Role Description

First American is looking to add a Reverse Exchange Assistant to our team. In this role you will assist Reverse Exchange Officers and work with local and national internal and external customers to open, process, and close 1031 tax-deferred exchanges.

What You'll Do:

• Open Exchanges – handle or assist the exchange officers in the following:
  • 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 and parking transaction for Reverse and Improvement Exchange transactions
  • Follow company’s procedures and comply with Accounting Policy
• Process – handle or assist the exchange officers in the following:
  • Monitor time deadlines and closing dates
  • Setting up and dissolving LLC’s in all 50 states
  • Handle all accounting for the exchange files
  • Manage exchange process in a timely manner
• Closing – handle or assist the exchange officers in the following:
  • Review estimated closing statements for approval
  • Handle acceptance and disbursement of funds in accordance with 1031 rules
  • Collect fee income and final signed documentation
  • Perform any other duties requested by the exchange officer in order to manage the exchange process
• Customer Service/Business Development
  • Trouble shooting and customer management
  • Follow up with existing and potential clients for increased business
  • Cooperate with exchange officer, manager and sales reps to develop business

Qualifications

• High School diploma or equivalent
• 1-3 years of administrative experience
• Experience in real estate or law (as an escrow officer or assistant is preferred but not required)
• Working knowledge of (and/or the willingness to learn) fundamental concepts, practices and procedures of department/field
• Good verbal and written communication skills
• Detail oriented approach to tasks
• Establishes effective working relationships with team members

Requirements

• Pay Range: $20.34 - $27.12 Hourly, Remote
• 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.
• First American will consider for employment all qualified applicants, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws (e.g., the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act).
• First American intends to conduct a review of an applicant’s criminal history in connection with a conditional offer.

Benefits

• Comprehensive benefits package including medical, dental, vision, 401k, PTO/paid sick leave
• Employee stock purchase plan