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Title department manager vs asset manager

The differences between title department managers and asset managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a title department manager and an asset manager. Additionally, a title department manager has an average salary of $87,956, which is higher than the $85,814 average annual salary of an asset manager.

The top three skills for a title department manager include real estate, title commitments and customer issues. The most important skills for an asset manager are asset management, financial statements, and property management.

Title department manager vs asset manager overview

Title Department ManagerAsset Manager
Yearly salary$87,956$85,814
Hourly rate$42.29$41.26
Growth rate17%17%
Number of jobs62,57864,732
Job satisfaction3-
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 68%
Average age4646
Years of experience88

Title department manager vs asset manager salary

Title department managers and asset managers have different pay scales, as shown below.

Title Department ManagerAsset Manager
Average salary$87,956$85,814
Salary rangeBetween $34,000 And $225,000Between $59,000 And $123,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Deutsche Bank
Best paying industry-Finance

Differences between title department manager and asset manager education

There are a few differences between a title department manager and an asset manager in terms of educational background:

Title Department ManagerAsset Manager
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeStanford UniversityStanford University

Title department manager vs asset manager demographics

Here are the differences between title department managers' and asset managers' demographics:

Title Department ManagerAsset Manager
Average age4646
Gender ratioMale, 38.4% Female, 61.6%Male, 64.3% Female, 35.7%
Race ratioBlack or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 14.8% Asian, 7.3% White, 65.3% American Indian and Alaska Native, 0.3%Black or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.0% Asian, 8.9% White, 63.8% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between title department manager and asset manager duties and responsibilities

Title department manager example responsibilities.

  • Manage national and international POS system installations, including schedules, manpower requirements, and travel itineraries.
  • Assist in the development of escrow department and title departments.
  • Submit all paperwork to DMV's to have titles duplicate or correct.
  • Process and deliver all DMV relate documents for processing directly with the DMV.
  • Negotiate, review and authorize sales contracts, conveyance documents and settlement statements with prospective buyers.
  • Delegate simple curative issues to associates responsible for clearing all minor clouds prior to opening of escrow.
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Asset manager example responsibilities.

  • Manage and improve the processes require to support server end of life and normal windows patching processes.
  • Manage a pipeline of assets/projects through the project life cycle of short sale/deed in lieu of foreclosure through closing.
  • Manage and facilitate IRB investigations of report non-compliance and/or scientific misconduct.
  • Recognize for financial acumen, successfully managing invoicing, vendor accounts, reconciliations, and target reports.
  • Manage commercial and multifamily REO portfolio preparing property operating plans to enhance value and marketability of REO asset
  • Trade structured product securities for accounts manage by other portfolio managers base on economic conditions and the needs of specific portfolios.
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Title department manager vs asset manager skills

Common title department manager skills
  • Real Estate, 19%
  • Title Commitments, 10%
  • Customer Issues, 10%
  • Escrow, 9%
  • Title Searches, 7%
  • Closings, 6%
Common asset manager skills
  • Asset Management, 20%
  • Financial Statements, 7%
  • Property Management, 7%
  • Customer Service, 6%
  • Oversight, 5%
  • Loan Portfolio, 5%

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