Director of Transaction Management managing trade contracts and responsibilities for loan sales with capital market transactions. Leading the Transaction Management team and ensuring accurate completion of contracts.
Responsibilities
responsible for all trade contracts including MLPAs, Bailee Agreements, non-disclosure agreements, purchase and sale agreements
lead the Transaction Management team that processes loan sales to third party investors
negotiate trade transaction for capital market transactions, including contracts, trade confirmations as well as other transaction items
work with investors and various internal groups to ensure all contracts are completed accurately
lead contract negotiations for all capital market transactions
act as liaison between investors and internal business stakeholders such as traders, legal counsel, quality control, accounting, treasury and servicing departments
work closely with the Trading Desk to address any issues with mortgage loan allocations and trades to ensure prompt resolution of issues and timely settlements
responsible for primary relationship management with investors; establish timelines for due diligence review and settlement deliverables
manage a team of Transaction Managers responsible for executing and completing the teams’ daily responsibilities and trade settlements
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 as well as ensure all data delivered to the investor is accurate and complete while all loans meet the trade parameters
review and approve final funding population with investors and facilitate the settlement process including the repricing of the trade, execution 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
prepare/review monthly management report
lead and develop a team: responsible for hiring, coaching, performance management, training and development
Requirements
10+ years of related experience in Capital Markets Transaction Management or similar field
Bachelor's degree in related field required; Masters or MBA in related field preferred
Previous leadership experience required
Advanced to expert knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services
Advanced to expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices
Advanced to expert residential mortgage industry with experience in Capital Markets transaction management, contract finance and due diligence
Intermediate to advanced experience with SQL and MS Excel with 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
Job title
Senior Vice President, Director of Transaction Management
Lead innovative clinical development strategies as Clinical Development Medical Senior Director at Pfizer. Oversee studies, ensure compliance and support clinical data communication while managing cross - functional teams.
Global Regional Solutions Director at SHI leading technical solutions and driving customer success. Collaborating with engineers to develop tailored solutions aligned with business objectives.
Director, Strategic Accounts responsible for engaging with prioritized accounts on behalf of ViiV. Enabling transformational initiatives that drive mutual value for both the healthcare system and ViiV.
Associate Director position managing Analysts in Equity Research for Woozle Research's Glasgow or London office. Foster client relationships and ensure high - quality deliverables.
Senior Director of Digital Strategy at Tapestry shaping enterprise digital strategy and overseeing large - scale initiatives for brand growth. Driving technology integration and innovation to enhance organizational performance.
Director of Quality and Patient Safety at St. Luke’s focusing on clinical risk management and patient safety. Collaborating to improve healthcare quality across assigned entity in Pennsylvania and New Jersey.
Technology leader driving localization and implementation of Engine's banking platform in North America. Collaborate with clients and product teams for successful bank launches and solutions.
Director of Global Cloud Strategy and Engagement Leader for accelerating cloud services growth across NetApp. Working with cross - functional teams to align global core cloud strategies with market needs.
Director of Pharmacy Account managing Medicaid health plan contracts, leveraging technology for effective member - centered pharmacy care. Leading a diverse team, optimizing contract compliance and financial performance.
Senior Director responsible for driving sales and profit of the Commercial Division at Rinnai America. Leading cross - functional teams and managing day - to - day operations for key business strategies.