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Freelancer Technology

Online marketplace matching businesses with freelancers

Escrow Manager - Payments

TreasuryConfirmed live in the last 24 hours
Full-timeSan Francisco, CA, USAA$85k - A$90kIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, Business, or a related field from an accredited college or university.
  • At least 5 years of progressive experience in escrow operations, payments, or financial services, including at least 2 years in a supervisory or management capacity.
  • Must hold or be eligible to obtain an Escrow Manager License through the Department of Financial Protection and Innovation (DFPI).
  • Comprehensive knowledge of legal regulations governing escrow transactions and services, including DFPI requirements.
  • Demonstrated experience managing accounting-related functions, including maintaining books, records, and accounts as required by regulatory bodies.
  • Strong understanding of payment processing systems, banking operations, and reconciliation processes.
  • Proven track record of team management, including hiring, training, and performance management.
  • Ability to work flexible hours when necessary to support business needs.
  • Ability to manage a fast-paced, multitasking environment while maintaining accuracy and compliance.
  • Strong verbal, written, and presentation skills.

Responsibilities

  • Prepare, review, and approve financial transactions for escrow settlement.
  • Oversee and manage daily payment operations, ensuring escrow processes are accurate, efficient, and compliant.
  • Supervise and mentor a team of payments analysts, providing guidance, training, and performance feedback.
  • Maintain knowledge of banking processes, payment rails, and transaction formats, including wire, Automated Clearing House (ACH), check, Society for Worldwide Interbank Financial Telecommunication (SWIFT), International Bank Account Number (IBAN), and real-time payment systems such as Zelle, FedNow, and RTP.
  • Serve as the primary point of contact with external banking institutions, resolving complex payment-processing issues and maintaining banking relationships.
  • Ensure compliance with DFPI regulations and escrow laws, including maintaining proper books, records, and accounts required by regulations governing escrow transactions and services.
  • Develop and implement process improvements to enhance efficiency, reduce risk, and improve customer experience in payment operations.
  • Manage escalated customer inquiries and complex transaction issues while maintaining security protocols.
  • Collaborate with Compliance, Risk, Legal, and Product teams to support seamless business operations.
  • Monitor key performance indicators and operational metrics, and prepare regular reports for senior leadership.
  • Lead initiatives to scale payment operations in line with business growth.
  • Oversee reconciliation of inbound payments with created transactions, ensuring accuracy and timeliness.
  • Manage customer communications concerning payment issues and ensure prompt resolution.
  • Supervise anti-fraud procedures and controls using internal reporting systems and industry best practices.
  • Review and approve exceptions to standard payment-processing procedures.
  • Oversee the review and release of escrow funds, ensuring conditions are met and proper controls are in place.
  • Supervise disbursements according to transaction terms and seller preferences.
  • Ensure accurate reconciliation of outbound payments with closed escrow transactions.
  • Manage escalated client inquiries and complex disbursement scenarios.

Desired Qualifications

  • Experience with domestic and international payment methods, including wire, ACH, check, SWIFT, and IBAN, and real-time payment systems such as Zelle, FedNow, and RTP.

About the Company

Freelancer Technology

Online marketplace matching businesses with freelancers

Freelancer Technology runs an online marketplace that connects businesses with a global pool of freelancers across more than 1,800 skills. Clients post job listings for free, and freelancers submit bids, often within seconds, creating multiple quotes to choose from. Payments are handled through milestone-based transactions to ensure work quality before funds are released, providing security for both sides. Revenue mainly comes from fees charged to freelancers, including a share of project costs and optional premium services, with additional enterprise solutions for large organizations. The platform differentiates itself by being the world's largest freelancer network with about 50 million registered users, a broad range of skills, and options for enterprise-scale project management and recruitment. The goal is to offer a practical, cost-effective way for businesses to outsource work and for freelancers to find steady opportunities at scale.

Company size
10,001+
Company stage
IPO
Headquarters
Sydney NSW, Australia
Founded
2009

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