Live opening · Posted 2 days ago
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About the role
Description supplied by the original job listing.
The Due Diligence Transaction Manager is responsible for the management and oversight of Due Diligence transactions and the day-to-day management of client relationships, including all client communication and deliverables, and for overseeing all transaction-related activity for assigned clients and applicable 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 reviews and transactions for applicable Clients
Ensure all internal hand-offs are completed within timelines
Direct communication of progress and results to Clients
Produce and deliver 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 are identified. Maintain ongoing knowledge of all RA guidance and regulatory updates, and ensure reviews/scope are aligned with current RA and regulatory requirements
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 the system, etc.
Sense of urgency and ability to meet or exceed all deadlines
Contribute to process and system updates; look for ways to improve processes to meet client expectations
Oversee/manage all reporting deliveries for applicable clients/counterparties, including reliance letter and securitization reporting
Qualifications
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 of new origination mortgage loan Due Diligence methodology and requirements.
Excellent written and verbal communication skills.
Ability to effectively facilitate meetings, develop management reports, and 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
Work arrangement
Yes
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