Job description
Who We Are
Join a team that puts its People First! As a member of First American's family of companies, National Commercial Services provides single-point service for simple to multi-property/multi-state national commercial real estate transactions. Since 1889, First American (NYSE: FAF) has held an unwavering belief in its people. They are passionate about what they do, and we are equally passionate about fostering an environment where all feel welcome, supported, and empowered to be innovative and reach their full potential. Our inclusive, people-first culture has earned our company numerous accolades, including being named to the Fortune 100 Best Companies to Work For® list for eleven consecutive years. We have also earned awards as a best place to work for women, diversity and LGBTQ+ employees, and have been included on more than 50 regional best places to work lists. First American will always strive to be a great place to work, for all. For more information, please visit www.careers.firstam.com.What We Do
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
What You'll Bring:
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
Pay Range: $20.34 - $27.12 Hourly, RemoteThis 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.** Note that the following statements only apply to candidates who will be working from an unincorporated area within Los Angeles County. **
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. First American reasonably believes that a criminal history may have a direct, adverse and negative relationship with the following material job duties for this position potentially resulting in the withdrawal of the conditional offer of employment: handling of confidential, proprietary or trade secret information belonging to First American or its customers, administrating or facilitating financial transactions, and the ability to meet customer-imposed criminal history requirements.
What We Offer
By choice, we don’t simply accept individuality – we embrace it, we support it, and we thrive on it! Our People First culture is inclusive for all employees - not just because it's the right thing to do, but 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.Originally posted on Himalayas
Who can apply
Eligible countries: United States. Accepted UTC offsets: UTC-10, UTC-9, UTC-8, UTC-7, UTC-6, UTC-5, UTC+14. Review the full description for employer-specific work authorization, residency and schedule requirements.