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Escrow Associate Jobs in New York (NOW HIRING)

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Associate Attorney - Residential Real Estate Weber, Fabiyan & Associates, LLC Howell, New Jersey ... Draft and negotiate attorney review letters, inspection resolutions, escrow agreements, and closing ...

Law Firm Staff Accountant

New York, NY · Hybrid

$60K - $79K/yr

... Bookkeeping Associate to join their team. This hybrid role is based in midtown Manhattan and ... escrow and operating accounts in QuickBooks Support monthly, quarterly, and annual close processes ...

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Escrow Associate information

See New York salary details

$24.1K

$49.3K

$71.1K

How much do escrow associate jobs pay per year?

As of Aug 6, 2026, the average yearly pay for escrow associate in New York is $49,282.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,500.00 and $54,700.00 per year, depending on experience, location, and employer.

What are the most common challenges faced by escrow associates during the closing process?

Escrow Associates often encounter challenges such as coordinating between multiple parties (buyers, sellers, agents, lenders), managing tight deadlines, and ensuring all documentation is accurate and compliant with legal regulations. Staying organized and maintaining clear communication is crucial, as errors or delays can impact the closing timeline. Additionally, Escrow Associates may need to troubleshoot unexpected issues, such as last-minute document changes or funding complications.

What are the key skills and qualifications needed to thrive as an escrow associate?

To thrive as an Escrow Associate, you need strong attention to detail, organizational skills, and a good understanding of real estate transactions, often supported by experience in banking, title, or escrow services. Familiarity with escrow management software, document preparation systems, and sometimes certification from organizations like the American Escrow Association is valuable. Excellent communication, problem-solving abilities, and a customer-focused attitude distinguish top performers in this role. These skills and qualities are vital to ensure accurate, secure handling of sensitive financial transactions and smooth coordination among clients and stakeholders.

What is the difference between Escrow Associate vs Title Examiner?

AspectEscrow AssociateTitle Examiner
CredentialsReal estate or escrow certifications, sometimes licensingReal estate or title industry certifications, often licensing
Work EnvironmentBanking, escrow companies, real estate firmsTitle companies, real estate offices, legal settings
Employer & Industry UsagePrimarily in real estate transactions involving escrow servicesInvolved in verifying property titles during real estate closings

While both roles are involved in real estate transactions, an Escrow Associate manages escrow accounts and facilitates the closing process, whereas a Title Examiner verifies property titles to ensure clear ownership. Both positions require knowledge of real estate documents and industry regulations, making them closely related but distinct in their specific functions within real estate transactions.

What is an escrow associate?

Escrow Associates are professionals who assist in managing the escrow process during real estate transactions. They work as part of an escrow team to ensure that all documents, funds, and necessary conditions are met before property ownership is transferred. Their tasks often include preparing legal documents, communicating with buyers, sellers, and agents, and making sure all transaction requirements are fulfilled. Escrow Associates help ensure a smooth, secure, and compliant closing process.
What are the most commonly searched types of Escrow jobs in New York? The most popular types of Escrow jobs in New York are:
What cities in New York are hiring for Escrow Associate jobs? Cities in New York with the most Escrow Associate job openings:

Senior Associate, Commercial Loan Servicing

Webster Bank

Jericho, NY • On-site

$32.12 - $34/hr

Full-time

Re-posted 26 days ago


Webster Bank rating

7.1

Company rating: 7.1 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

124th of 170 rated banks


Job description

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first--doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.
Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!
The Commercial Loan Servicing Associate is responsible for overseeing insurance and real estate tax related activities for Webster Bank's real estate secured loan portfolio.
This role supports loan administration functions by partnering with relationship managers, insurance agents, and third-party vendors while maintaining accurate records for hazard, flood, and general liability insurance. In addition, the Associate also supports escrow operations, including real estate tax payments, escrow analysis, system maintenance, research requests, and other daily functions within the Escrow Department. The ideal candidate is detail-oriented, organized, and able to manage multiple priorities in a fast-paced environment.
What you will do
  • Maintain accurate insurance records (flood, hazard, and general liability) within the core loan servicing system and third-party vendor platforms
  • Review, analyze, and reconcile insurance vendor reports to ensure data accuracy and timely resolution of issues
  • Monitor insurance coverage to identify expirations, discrepancies, or lapses and take appropriate corrective action
  • Track, monitor, and maintain flood insurance coverage on all applicable loans to ensure continuous compliance with regulatory and bank requirements
  • Reconcile flood insurance data between internal systems and vendor platforms, researching and resolving variances
  • Coordinate with relationship managers, insurance agents, and vendors to obtain missing or deficient insurance documentation
  • Assist with the resolution of insurance-related issues, including force-placed flood insurance processes
  • Process, track, and reconcile force-placed insurance invoices
  • Process insurance payments for escrowed commercial loans, ensuring timely and accurate payments to insurance agencies to avoid cancellations
  • Respond to internal and external insurance-related inquiries, audits, and research requests
  • Set up and manage property loss files (e.g., fire damage), including:
    • Collecting insurance and contractor documentation
    • Coordinating with customers, contractors, and inspectors
    • Ensuring completion of work and releasing funds upon final inspection
  • Process real estate tax payments for escrowed commercial loans, ensuring timely and accurate payments to taxing authorities to avoid penalties, interest, or lien risk
  • Perform annual and interim escrow analyses, including payment projections, shortage/overage calculations, and payment adjustments
  • Investigate and resolve escrow discrepancies, including misapplied payments, duplicate payments, refunds
  • Establish, maintain, and update commercial loans in vendor platform, including new loan boarding, loan modifications, renewals, and payoffs
  • Review tax delinquency reports and collaborate with Relationship Managers to resolve issues
  • Manage escrow overage refunds and process borrower disbursements in accordance with policy and regulatory requirements
  • Respond to internal and external tax-related inquiries, audits, and research requests
  • Process, track, and reconcile Tax Monitoring Fee invoices
  • Ensure all loans are properly set up and maintained in loan servicing systems and third-party vendor platforms
  • Maintain compliance with all applicable regulations, policies, and procedures
  • Support system maintenance, research requests, and other departmental functions as assigned

  • Skills and Abilities
  • Strong verbal and written communication skills
  • Excellent problem-solving abilities with strong attention to detail
  • Ability to effectively multitask and manage competing priorities
  • Strong organizational, time management, and prioritization skills
  • Proficiency with Microsoft Office products (Excel, Word, Outlook)
  • Cotality, HUB, McCraken, & LoanIQ system experience a plus

Education Qualifications
  • High School Diploma or GED required
  • Equivalent combinations of education and relevant experience will be considered

Experience Qualifications
  • Minimum of 2 years of experience in real estate administration, loan servicing, or a related financial services role

The estimated salary range for this position is $32.12 USD to $34.00 USD. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation
#LI-SO1
Webster Financial Corporation and its subsidiaries ("Webster") are equal opportunity employers that are committed to sustaining an inclusive environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, marital status, national origin, ancestry, citizenship, sex, sexual orientation, gender identity and/or expression, physical or mental disability, protected veteran status, or any other characteristic protected by law.

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