Mortgage Servicing Transaction Manager

2 weeks ago


Miami, United States Ascendo Resources Full time

Our client is focused on investments in the mortgage space; including whole loans, asset backed securities, mortgage servicing rights, and other credit-related assets.

They are seeking a Transaction Manager to join their team


Responsibilities:

  • Responsible for managing loans closings for newly originated residentials pools.
  • Assist with loan validation and loan purchase process,
  • Validate the Custodian’s verification of loan data file and loan docs.
  • Ensure loan origination file data matches purchase tape information.
  • Coordinate with finance teams to have wires sent to issuing bank partners to purchase loans.
  • Overseeing loan acquisitions process in a fast-paced environment.
  • Understanding of residential mortgage loans, collateral, diligence, valuation.
  • Prepare trackers and tapes, compile, and review diligence responses, provide rebuttals and communicate updates.


Qualifications

  • Strong understanding of residential mortgage loans, collateral, diligence and valuation.
  • 3+ years’ experience with loan purchasing, working at a loan servicer, mortgage company or bank in a transaction manager role.
  • Proficient MS Office with advanced Excel skills, as well as dealing with different systems in relation to servicing, vendors and proprietary asset management systems
  • Ability to manage multiple initiatives and competing priorities simultaneously.
  • Familiarity with rated and non-agency mortgage securitization process is a plus


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