Senior Transaction Manager

Role Overview

• responsible for negotiating trade contracts and managing the day-to-day of multiple Secondary Market transactions including the corresponding investor relationship
• responsible for primary relationship management with investors, establish timelines for due diligence review and settlement deliverables
• negotiate non-disclosure agreements, trade confirmations, purchase confirmations, and purchase and sale agreements related to whole loan sales and mortgage servicing rights sales transactions
• coordinate the execution of bailee letters and the shipment of collateral files to the investors’ custodians, while ensuring all necessary releases from interested parties are obtained
• monitor due diligence process to ensure timely follow up with internal & external business partners for resolution of data and collateral defects preventing the sale of the loans
• ensure all data delivered to the investor is accurate and complete while all loans meet the trade parameters
• identify and confirm the final funding population with investors and facilitate the settlement process including the repricing of the trade, preparation of closing documentation, reviewing the funding schedule for accuracy, compiling mortgage loan schedule data, and communicating settlement funds to warehouse lenders and to the treasury department
• coordinate and monitor the servicing transfer process between the investors and the servicing department as well as ensure any issues that arise are addressed and resolved timely for all released transactions
• may lead and develop a team; responsible for hiring, coaching, performance management, training and development

Requirements

• 7+ years of related experience in Capital Markets Transaction Management or related field or similar field
• Bachelor's degree in related field required
• Advanced knowledge of residential mortgage industry in Correspondent or Retail Lending including; sales, operations, capital markets and/or other residential mortgage products and services
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
• Intermediate to advanced experience with MS Excel and the ability to create ad hoc reports and analyses using functions such as nested formulas, lookups, pivot tables, etc.
• Expert speaking and writing communication skills.

Benefits

• competitive salaries
• an ownership stake in the company
• medical and dental insurance
• time off
• a great 401k matching program
• tuition assistance program
• an employee volunteer program
• a wellness program