SVP, Transaction Management

Company: Disability Solutions
Location: Westlake Village
Posted on: November 14, 2024

Job Description:

Job Title:SVP, Transaction ManagementLocation:CA - Westlake VillageWhat you'll do:The Head of Contract Finance & Transaction Management will be responsible for all trade contracts including MLPAs, Bailee Agreements, non-disclosure agreements, purchase and sale agreements as well as leading the Transaction management team processing loan sales to third party investors. They will be given the unique opportunity to interact with all departments of the company.What we are looking for:

• Responsible for leading contract negotiations for all capital market transactions
• Act as liaison between investors and internal business stakeholders such as traders, legal counsel, quality control, accounting, treasury and servicing departments. Especially works closely with the Trading Desk to address any issues with mortgage loan allocations and trades to ensure prompt resolution of issues and timely settlements
• Responsible for primary relationship management with investors; establish timelines for due diligence review and settlement deliverables
• Manage a team of Transaction Managers responsible for executing and completing the teams' daily responsibilities and trade settlements
• 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 as well as ensure all data delivered to the investor is accurate and complete while all loans meet the trade parameters
• Review and approve final funding population with investors and facilitate the settlement process including the repricing of the trade, execution 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
• Prepare / review monthly management reportsWhat you need to have:
  • Bachelor's degree, in business administration, finance or related field. JD degree a plus
  • Minimum 10 years' experience reviewing and negotiating legal contracts related to Capital Market transactions
  • Minimum 15 years in the residential mortgage industry with experience in Capital Markets transaction management and contract finance
  • 7+ years of management experience
  • Strong analytical and critical thinking skills with the demonstrated ability to meet deadlines and perform in a high-stress, fast-paced environment
  • Excellent written and verbal, communication skills; ability to communicate effectively and professionally with internal/external stakeholders
  • Strong attention to detail and accuracy
  • Ability to multi-task and work independently with minimum supervision
  • High level of motivation and accountability
  • Advanced proficiency in Excel with ability to create ad hoc reports and analyses using functions such as nested formulas, lookups, pivot tables, etc. as well as experience with SQL
  • Strong Powerpoint skills, including ability to prepare and summarize data in slides and present confidently in management
  • Extensive understanding of origination processes, underwriting guidelines, servicing and regulatory compliance
  • Proactive in identifying problems and opportunities for improvementsCompensation: Salary range for new hires is generally $193,955.00 - $228,182.50 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. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Aliso Viejo , SVP, Transaction Management, Executive , Westlake Village, California