Transaction Manager

The Transaction Manager is responsible for the management of Due Diligence projects and the day-to-day client relationship including superior client communication, deliverables, and oversight of all transaction/deal-related activity for assigned clients. The primary responsibilities of the person in this position will include reporting of results to clients and counterparties.

Responsibilities:

• Partner with Operations Managers to ensure all SLAs are met as outlined in the Client Scope and Statement of Work
• Manage all internal and external processes and communication related to loan review and transactions for applicable Clients
• Ensure all internal hand-offs are completed within timelines
• Direct communication of progress and results to Clients
• Produce and provide all reporting to Clients and Counterparties as defined in the Statement of work or service level agreement
• Ability to understand Due Diligence business needs, Rating Agency and Regulatory guidance, and adjust scope and review process if deficiencies identified
• Responsible for the quality and timeliness of client-facing reporting and communication
• Effectively communicate any client feedback to applicable internal parties. This includes technology-based initiatives, reporting changes needed, script changes in system, etc.
• Sense of urgency and ability to meet or exceed all deadlines
• Contribute to reporting updates; look for ways to improve report outputs to meet client expectations
• Oversee/manage all reporting deliveries for applicable clients/counterparties. This includes Reliance letter and securitization reporting
• Maintain ongoing knowledge of all RA guidance and regulatory updates and ensure reviews/scope is aligned with current RA and regulatory requirements

Required Education and Experience:

The ideal candidate will have a thorough knowledge of mortgage underwriting guidelines and experience in managing the post-closing Due Diligence process.

• • Bachelor’s degree in finance, Accounting, Economics or related field or recent experience in Third Party Due Diligence Transaction Management.
  • 1-5 years of Secondary Market/RMBS Due Diligence management experience.
  • Expert knowledge new origination mortgage loan Due Diligence methodology and requirements.
  • Excellent written and verbal communication skills.
  • Ability to effectively facilitate meetings, develop management reports and to report out the monthly results to senior management.
  • Ability to research, evaluate, and interpret RMBS, SFA, and securitization reporting.
  • Excellent organization and time management skills.
  • Ability to interface confidently with clients and to influence others within the organization to drive results.

Benefits:

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Life & Disability Insurances