1

Escrow Manager Jobs in Springfield, IL (NOW HIRING)

Process and monitor customer escrow deposits related to closing costs, appraisals, and fees ... Strong interpersonal, communication, and relationship management skills. * Excellent organizational ...

Escrow Manager information

See Springfield, IL salary details

$27.8K

$57.9K

$82.8K

How much do escrow manager jobs pay per year?

As of Aug 3, 2026, the average yearly pay for escrow manager in Springfield, IL is $57,870.00, according to ZipRecruiter salary data. Most workers in this role earn between $49,600.00 and $65,400.00 per year, depending on experience, location, and employer.

What are some typical daily responsibilities of an Escrow Manager?

An Escrow Manager oversees the end-to-end escrow process, including reviewing contracts, managing escrow accounts, and ensuring compliance with all relevant legal and regulatory requirements. They coordinate closely with real estate agents, buyers, sellers, lenders, and title companies to facilitate timely and accurate closings. On a daily basis, they may resolve discrepancies, supervise escrow officers or assistants, and monitor transaction progress to ensure deadlines are met. This role combines detailed administrative work with frequent communication to keep all parties informed and transactions on track.

What does an Escrow Manager do?

An Escrow Manager oversees the escrow process in real estate and financial transactions, ensuring all terms and conditions are met before funds and property change hands. They manage escrow officers, review contracts, handle legal compliance, and coordinate with buyers, sellers, lenders, and agents. Their role is crucial in maintaining trust and accuracy in transactions, ensuring smooth closings while mitigating risks.

What are the key skills and qualifications needed to thrive in the Escrow Manager position, and why are they important?

To thrive as an Escrow Manager, you need expertise in real estate transactions, compliance regulations, and escrow processes, often backed by several years of industry experience or relevant certifications. Proficiency with escrow management software, title production platforms, and knowledge of state and federal regulations is typically required. Strong attention to detail, leadership abilities, and effective communication skills help you coordinate with clients, agents, and team members. These skills are crucial for ensuring secure, accurate, and timely handling of funds and documents throughout real estate closings.

What job categories do people searching Escrow Manager jobs in Springfield, IL look for? The top searched job categories for Escrow Manager jobs in Springfield, IL are:
What cities near Springfield, IL are hiring for Escrow Manager jobs? Cities near Springfield, IL with the most Escrow Manager job openings:

Corporate Loan Post Closing Specialist

Morton Community Bank

Springfield, IL

$22.15 - $27.27/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 20 days ago


Job description

Make the change and be the difference. Take ownership at MCB!

Established in 1960 with just one location in Morton, IL, Morton Community Bank (MCB) has grown to over 550 employees, 50 branch locations and over $5 billion in assets! We pride ourselves on our dedicated service to our customers and our communities, while placing much value on our internal assets, our employees. Each MCB employee OWNS a portion of the bank with our ESOP (Employee Stock Ownership Plan). The ESOP has proven to be a substantial benefit to employees upon retirement.

Pay or shift range: $22.15USD to $27.27USD
The estimated range is the budgeted amount for this position. Final offers are based on various factors, including skill set, experience, location, qualifications and other job-related reasons.

Enjoy the Benefits of working at MCB!

Medical, Dental, Vision, Short-Term Disability, HSA, FSA, 401k.

Life and AD&D Insurances, Long-Term Disability, Vacation Days, Personal Days, and Paid Holidays.

Job Summary

Responsible for the monitoring of account delinquencies, issuing escrow payments, tracking insurance, resolving credit bureau disputes, and receiving bankruptcy notices from borrowers.

Essential Duties & Responsibilities
· Sell, audit, and report mortgages to secondary market
· Process and pay tax bills while monitoring tax service (Info-Pro) reports and exceptions
· Process and pay insurance escrow premiums, mortgage insurance premiums, and Rural Housing guaranteed annual fee premiums.
· Process and analyze annual escrow analysis prior to distribution to customer.
· Balance FNMA portfolio daily and monthly, forwarding principal and interest payments daily.
· Complete reporting for USDA, FHA, VA, FNMA, Inhouse Mortgage, MILAR, Delinquent loans, and there may be additional reporting required on an as needed basis.
· File claims for secondary market accounts that have incurred expenses due to workout programs, delinquency, deed in lieu of foreclosure, short sale, or foreclosure.  Claims must be filed timely and may require multiple submissions based on investor (i.e. Rural Development, private mortgage insurance).
· Verify accrual balance on the portfolio, as needed.
· Monitor, contact customers, and allocate unapplied funds on a daily basis to loans.

Supervisory Requirements
Personnel Management: This position has no supervisory responsibilities.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· The physical activities of this position may include climbing, reaching, standing, lifting, talking, hearing and performing repetitive motions.
· Medium exertion; exerting up to 50 pounds of force occasionally, and or up to 20 pounds of force frequently, and or up to 10 pounds of force constantly to move objects.
· The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; viewing a computer terminal.

Education and Qualifications
Essential:
· High school diploma or equivalent
Desirable:
· Some college

Experience
Essential:
· Knowledge of customer service principles
· Relevant computer skills
Desirable:
· Two years of related work experience
· Knowledge of Escrow Administration, including real estate tax, homeowner's insurance, private mortgage insurance, flood insurance, and escrow analysis.
· Proficient data entry skills