Title and Escrow Relationship Manager

Posted 2 Months Ago
Be an Early Applicant
New York, NY, USA
In-Office
120K-140K Annually
Senior level
Fintech • Payments • Financial Services
The Role
Drive growth of commercial deposit relationships by sourcing and qualifying prospects, managing full sales lifecycle, onboarding new customers, and supporting marketing and community outreach to expand the deposit portfolio.
Summary Generated by Built In

About Us:
Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. As the first cloud native bank launched in the United States, Piermont was built on modern infrastructure that allows us to operate with greater flexibility, efficiency, and scalability than traditional banks.

We combine disciplined commercial banking with innovative technology to deliver value added solutions for small and medium sized businesses and our fintech partners. Our team is dedicated to thoughtful risk management, strong client relationships, and building a bank designed for the future of financial services.

The Role:
The Title and Escrow Relationship Manager will report directly to the Chief Growth Officer and will be tasked with driving account and deposit growth for the bank, with a particular focus on developing relationships within the title insurance companies, escrow agents, settlement, and real estate closing services. The ideal candidate should be a seasoned banking expert with an entrepreneurial mindset driven by continuous growth and improvement to maximize the client experience. This individual will be responsible for cultivating new deposit relationships across a broad range of commercial clients while also developing a strong network within the title and escrow community and positioning the bank as a trusted financial partner to businesses with complex deposit, escrow, and treasury management needs.

Responsibilities:

  • Drive the growth of deposit relationships with commercial businesses, title insurance companies, real estate escrow providers,  closing services,  real estate-related businesses, and other organizations maintaining significant operating or custodial deposit balances.
  • Identify and secure new clients to build a strong pipeline of relevant opportunities and deliver against sales targets, including building a network of key decision-makers and referral sources within the title, escrow, settlement, and commercial real estate communities.
  • Partner with prospective title and escrow clients to understand their unique account structures, transaction activity, liquidity requirements, and treasury management needs, and deliver appropriate banking solutions.
  • Responsible for all phases of the client service and sales life cycle including lead generation, utilization of relevant systems, adherence to policies, leveraging product knowledge, and assessing the broader banking needs of prospects.
  • Support deposit-related marketing and business development strategies by actively participating in relevant trade, community, and client networking events, particularly those serving the title, escrow, settlement, and real estate industries.
  • Develop and maintain constructive relationships with trade associations, cooperative councils, the financial community, title and settlement industry organizations, referral partners, and other institutions to enhance new business generation.

Qualifications:

  • Proven sales track record in generating new deposit business and developing meaningful commercial banking relationships.
  • Ideally, proven success in developing relationships with title and escrow companies, large institutions, non-profits, and/or other specialty sectors.
  • Experience developing business within or has operating experience within the title, escrow, settlement, real estate services, or similar deposit-intensive industries is strongly preferred.
  • Understanding of the banking and treasury needs of title and escrow businesses, including operating, custodial/escrow, and high-transaction-volume account relationships, is highly desirable.
  • Experience in using tools such as Softpro
  • Strong business development skills and a demonstrated ability to independently source and develop new relationships.
  • Ability to work and thrive in a high-growth, fast-paced environment.
  • Commercial real estate banking experience is preferred.
  • Experience calling on and working with commercial businesses and senior-level financial decision-makers.
  • Strong entrepreneurial spirit with the ability to identify and pursue new markets and business opportunities.
  • Strong and effective communication and interpersonal skills.

The hiring range for this position is $120,000 to $140,000 per year. The base pay actually offered will take into account internal equity and also may vary depending on the candidate’s job-related knowledge, skills, and experience, among other factors. A bonus and/or incentives may be provided as part of the compensation package, in addition to the full range of medical, dental, vision, 401k, and other benefits.

Piermont Bank is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees and to maintaining an inclusive workplace. Piermont Bank does not discriminate on the basis of race, color, religion, creed, national origin, ancestry, sex, pregnancy, childbirth or related medical conditions, sexual orientation, gender identity or expression, age, disability, genetic information, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.


Skills Required

  • Proven sales track record in generating new deposit business.
  • Strong business development skills and self-starter mentality.
  • Ability to work and thrive in a high-growth, fast-paced environment.
  • Commercial banking experience.
  • Experience calling on and working with commercial businesses.
  • Strong entrepreneurial spirit.
  • Ability to form effective relationships and influence senior-level personnel.
  • Strong and effective communication and interpersonal skills.
  • Ability to assess industry trends and leverage resources to grow deposit portfolio.
  • Proven success developing relationships with large institutions, non-profits, or specialty sectors.
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The Company
HQ: New York, New York
55 Employees
Year Founded: 2019

What We Do

In 2019, we set out to give banking a makeover, building the kind of bank that we hoped to see in the world: one that was relevant and ready to help customers meet the demands of the modern world. Today we’re proud to deliver peer banking - we meet you where you are, reflect your business needs, and act with speed. We’re digitally enabled and human-delivered, providing an unprecedented banking experience that blends the best of financial services and agile startups. - Fast answers, flexible solutions - Digitally-enabled, human-delivered results - A different kind of bank: women-founded, entrepreneur-led, and technology fortified Whether you’re ready to scale or gain economies of scale, you need a bank that can remove the roadblocks and level the speed bumps. You need a bank that can help you take your business to the next level. Discover a bank that's changing the face and pace of banking

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