1031 Exchange / Wire Coordinator

Why Choose Land Title Guarantee Company?

We Take Pride In What We Do and How We Do It

At Land Title Guarantee Company, we are motivated to create a purposeful impact, ultimately delivering peace of mind for property owners. As a team, we work together to confidentially collect, interpret and distribute data, documents and funds for the transfer of real estate assets. Overall, our mission is to continue the deep legacy of being a trusted, family-owned business that cares about the Colorado communities in which we live and work. Our supportive, respectful and inclusive culture is grounded in the knowledge that we best serve our customers when we work as a team.

With 48 locations spanning Colorado, our team of more than 600 dedicated employees are proud to work for the state’s largest, locally owned title company.

How We Take Care of You

Land Title takes a holistic approach to care for our team by providing:

Inclusive, Welcoming Culture – Everything we do is grounded in our core values of Excellence, Efficacy, Responsibility, Altruism, and Honesty. These core values guide our actions and serve as our cultural cornerstones.

Meaningful Work – You will be surrounded by passionate professionals who share a deep consideration for service and excellence, always seeking to deliver a seamless experience for customers.

Professional Growth – Our most precious resource is our people. We invest in training and development, providing a variety of avenues for employees to grow and develop professional skills. Collaborate with people committed to your success.

Personal Wellness – We encourage you to live your best life by focusing on work-life balance, and providing resources through our Employee Assistance Program. We have deep consideration for our collective and individual well-being.

Opportunities to Serve – Our executive team regularly donates their time to professional and civic organizations that support the communities in which we work. We encourage you to give back to a cause you believe in and support.

Competitive benefits that include:
Medical, dental, vision insurance
Teledoc services
Life insurance
Traditional and Roth 401K retirement options with company match
Short-term and long-term disability
Vacation and Sick time
Land Title Paid Leave Program
10 paid holidays
Employee Assistance Program (EAP)
Educational Reimbursement and Training opportunities
Vacation and Sick time
Land Title Paid Leave Program
10 paid holidays
Title and Closing reimbursement

What we need from you:

The 1031 Exchange/Wire Coordinator assists clients through the entire 1031 exchange process which includes analysis and determination of eligibility, processing contracts, communication with involved parties throughout the process, and receiving in / disbursing out funds. The coordinator also reviews and processes daily wires, partners with key bank contacts, and provides support to the closing departments.

Responsibilities:

• Greet customers enthusiastically and professionally, either over the phone or in person, with an emphasis on representing Land Title in a way that builds customer relationships and a positive corporate image
• Answer customer inquiries in a timely and accurate manner; provide information to authorized persons, or determine who can best provide the information and route the request; for 1031 exchange questions, provide technical assistance when needed
• Determine if a client qualifies for a 1031 exchange and provide advice and direction on IRS guidelines
• For eligible 1031 exchanges, process paperwork and send out the contract; once the customer identifies their property, draft an exchange agreement, complete assignment of contract and notify closing team
• Set up customer in reminder review system; generate deadline report weekly and send out customer reminders; maintain calendar for wires deadlines
• At the time of the closing, review the settlement statement and associated funds flow; send out verification of deposit letter with deadline dates
• Initiate/input outgoing wires in various bank systems utilizing information from our escrow system platform
• Authorize/approve outgoing wires in various bank systems initiated by others
• Download incoming wires from banks and upload to the escrow system
• Manually input wires in to the escrow system
• Contact various banks to close and transfer funds related to long term escrow accounts
• Communicate with bank(s) to resolve wire issues
• Other duties as assigned by Escrow Manager

Success Factors:

• Customer Focus
• Dealing with Ambiguity
• Effective Communication
• Process Management
• Priority Setting
• Decision Quality
• Peer Relationships
• Composure

Education and Experience:

• High School Diploma or Equivalent required
• Computer savvy including solid working knowledge of Google Suite (GMail, Docs, Sheets) or a similar product (Microsoft Office) 
• Previous banking experience/real estate knowledge/title industry experience or other related experience preferred
• Experience working in a customer service environment required
• Ability to quickly learn and navigate new systems

Compensation:

• The anticipated salary this position is $40,000 to $50,000 annually. In accordance with Colorado state law, this position is non-exempt and all overtime will be paid at time and a half.
• Annual employee profit-sharing bonus, based upon company performance.