Senior Vice President, Director of Transaction Management

Senior Vice President, Director Of Transaction Management

Location : CA - Westlake Village

What you'll do :

As the SVP, Director of Transaction Management, you will be responsible for all trade contracts including MLPAs, Bailee Agreements, non-disclosure agreements, purchase and sale agreements. You'll lead the Transaction Management team that processes loan sales to third party investors. You'll negotiate trade transaction for capital market transactions, including contracts, trade confirmations, as well as other transaction items. You'll also work with investors and various internal groups to ensure all contracts are completed accurately.

Responsibilities include :

• Leading contract negotiations for all capital market transactions. Acting as a liaison between investors and internal business stakeholders such as traders, legal counsel, quality control, accounting, treasury, and servicing departments. Working closely with the Trading Desk to address any issues with mortgage loan allocations and trades to ensure prompt resolution of issues and timely settlements.
• Being responsible for primary relationship management with investors; establishing timelines for due diligence review and settlement deliverables. Managing a team of Transaction Managers responsible for executing and completing the team's daily responsibilities and trade settlements. Negotiating non-disclosure agreements, trade confirmations, purchase confirmations, and purchase and sale agreements related to whole loan sales and mortgage servicing rights sales transactions.
• Coordinating 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. Monitoring the due diligence process to ensure timely follow-up with internal and external business partners for resolution of data and collateral defects preventing the sale of the loans, as well as ensuring all data delivered to the investor is accurate and complete while all loans meet the trade parameters.
• Reviewing and approving final funding population with investors and facilitating 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. Coordinating and monitoring the servicing transfer process between the investors and the servicing department as well as ensuring any issues that arise are addressed and resolved timely. Preparing / reviewing monthly management report.
• Leading and developing a team : responsible for hiring, coaching, performance management, training, and development.

What you'll need :

Compensation : Salary range for new hires is generally $193,955.00 - $239,591.00 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.