1031 Exchange Coordinator

Woburn, MA
Full Time
Experienced
SUMMARY/OBJECTIVE: The 1031 Exchange Coordinator will be responsible for tracking and maintaining exchange files and coordinating all real estate closings 

ESSENTIAL FUNCTIONS:
  • Document Preparation: Partner with customers and title closers to draft exchange paperwork.
  • Closing Compliance: Review settlement statements and purchase contracts for tax-rule alignment.
  • Timeline Tracking: Monitor strict statutory deadlines for 1031 exchange completion.
  • Client Advisory: Guide customers on complex exchange taxation rules under management supervision.
  • Financial Control: Track and account for all incoming transactional exchange fees.
JOB QUALIFICATIONS:
  • Real Estate Knowledge: Experience with transactions and closing processes is highly valued.
  • Transferable Skills: Legal or accounting backgrounds translate directly into this compliance role.
  • Regulatory Focus: Ability to learn, interpret, and apply technical tax regulations.
The annual salary range for the 1031 Exchange Coordinator is $65,000 - $85,000 per year.

About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of over $3 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender. For more information on online banking services, please visit www.NBTC.com or follow Northern Bank on Facebook (/NorthernBankM A/), Twitter (@northernbankma), Instagram (@northernbankma) and LinkedIn (company/northern-bank-ma/).

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