Transaction Manager

VWH is seeking an Associate Transaction Management to assist in the overall coordination of all purchase sale and securitization activities for non-performing residential mortgages and related products held by the firm.  The ideal candidate will ultimately develop a skillset in multiple facets of the transaction management process from due diligence through post-closing across multiple product types. 

This position will be responsible for ensuring all critical tasks activities and milestones are completed on time to result in successful deal execution.  In addition the Associate will support the development of process improvements as it relates to due diligence trade execution and post-closing activities including interim servicing coordination servicing transfers and side-letter management.

The position requires general knowledge of bid stipulations residential contracts mortgage loan documents funding schedules and addition this position involves a significant amount of interaction with internal and external stakeholders and requires the ability to thrive in a fast-paced entrepreneurial environment.

Responsibilities

• Partner with internal teams including Asset Management Portfolio Management and Legal to ensure all agreements and schedules have been finalized and executed
• Set transaction deadlines and ensure timelines are met with the sellers due diligence vendors and internal teams
• Create and manage deal calendars and ensure coordination and follow-up of all deliverables. Provide regular updates to the counterparty custodians due diligence vendors and Asset Management and Portfolio Management teams.
• Coordinate with counterparties providing data and images for diligence work with vendors and coordinate due diligence findings to support the Portfolio Manager.
• Ensure timely delivery of vendor findings; summarize and consolidate external and internal due diligence findings.
• Coordinate efforts for all collateral files to be delivered and reviewed by the document custodian. Work closely with the Collateral team and due diligence vendor to ensure collateral has been received and reviewed prior to closing; coordinate side letter exceptions with the counterparty.
• Act as a liaison during the interim servicing period; lead the transfer of servicing from the prior servicer to the successor servicer to ensure that the servicers have all relevant information in a timely and accurate manner.
• Support internal teams by reconciling balances and advances from prior servicers interim resolutions and loss mitigation in-flights.
• Prepare and analyze reports for Senior Management review
• Prepare policies and procedures for Senior Management review
• Other duties as assigned

Qualifications :

• Business degree in Economics Finance Business Administration or a similar discipline
• Minimum of 3 years of experience in transaction-focused roles involving mortgages
• Additional experience in business purpose loans early buyout (EBO) loans other mortgage loan types and auto loans is not required but is a plus
• Experience with mortgage loan Collateral is not required but is a plus
• Familiar with transaction related documents including Purchase and Sale Agreements and Offering Memorandums.
• Ability to access data rooms and coordinate the exchange of information with counterparties and vendors
• Ability to create policies and procedures and suggest areas to improve
• Ability to combine data from multiple sources to create singular reports
• Ability to work independently and be a self-starter
• Strong client services skills and ability to work as a team with internal and external counterparties
• High sense of urgency accountability attention to detail prioritization skills and organization
• Strong working knowledge of MS Office Suite especially Excel Word and Outlook.  Relational database and business intelligence software experience is a plus
• Ability to work full-time in the Uptown Dallas office

Additional Information :

All your information will be kept confidential according to EEO guidelines.

Remote Work :

No

Employment Type :

Full-time