Senior Transaction Manager

Senior Transaction Manager

Location: CA - Westlake Village

What you'll do:

As a Senior Transactions Manager, you'll be responsible for negotiating trade contracts and managing the day-to-day of multiple Secondary Market transactions including the corresponding investor relationship. You'll be 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.

What you'll need:

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.

Compensation: Salary range for new hires is generally $131,000.00 - $167,491.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits you'll love:

We offer all the important things you'd want like 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, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

AmeriHome Mortgage is a Western Alliance Bank company. 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.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue.

Western Alliance Bancorporation