Senior Transaction Manager
Posted 2 months ago Expired
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Upload Your ResumeAbout This Role
Manage complex Secondary Market transactions and investor relationships, including negotiating trade contracts, coordinating due diligence, and facilitating settlement processes within the residential mortgage industry.
Responsibilities
- Manage day-to-day relationship with investors and establish timelines for due diligence and settlement deliverables
- Negotiate non-disclosure agreements, trade confirmations, purchase confirmations, and purchase and sale agreements for whole loan and mortgage servicing rights transactions
- Coordinate the execution of bailee letters and shipment of collateral files to investor custodians, ensuring releases are obtained
- Monitor due diligence process to resolve data and collateral defects and confirm data accuracy
- Identify and confirm final funding population with investors, facilitate settlement, reprice trades, prepare closing documentation, and communicate settlement funds
- Coordinate and monitor servicing transfer process between investors and the servicing department
- Prepare monthly management reports
Requirements
- 10+ years of related experience in residential mortgage industry and capital markets
- 7+ years' experience reviewing and negotiating legal contracts for Capital Market transactions
- Proficiency with Excel
Qualifications
- Bachelor's degree in related field
- 10+ years of related experience in residential mortgage industry, capital markets; Minimum 7 years' experience reviewing and negotiating legal contracts related to Capital Market transactions.
Skills
* Required skills
Benefits
About Western Alliance Bank
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western...