In PersonFull-time work in the Uptown Dallas office is required.
Project & Program ManagementProject Management
About the job
Requirements
A business degree in Economics, Finance, Business Administration, or a similar discipline is required.
At least 3 years of experience in transaction-focused roles involving mortgages is required.
Familiarity with transaction-related documents, including Purchase and Sale Agreements and Offering Memorandums, is required.
Ability to access data rooms and coordinate the exchange of information with counterparties and vendors is required.
Ability to create policies and procedures and suggest areas for improvement is required.
Ability to combine data from multiple sources to create singular reports is required.
Ability to work independently and act as a self-starter is required.
Strong client service skills and the ability to work as a team with internal and external counterparties are required.
A high sense of urgency, accountability, attention to detail, prioritization, and organization are required.
Strong working knowledge of Microsoft Office Suite, especially Excel, Word, and Outlook, is required.
Full-time work in the Uptown Dallas office is required.
Responsibilities
Partner with Asset Management, Portfolio Management, Legal, and other internal teams to ensure all agreements and schedules are finalized and executed.
Set transaction deadlines and ensure timelines are met with sellers, due diligence vendors, and internal teams.
Create and manage deal calendars and coordinate and follow up on deliverables.
Provide regular updates to counterparties, custodians, due diligence vendors, 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 and summarize and consolidate external and internal due diligence findings.
Coordinate delivery and review of collateral files with the document custodian, Collateral team, and due diligence vendor before 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, ensuring that servicers receive relevant information accurately and promptly.
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.
Perform other duties as assigned.
Desired Qualifications
Experience with business-purpose loans, early buyout loans, other mortgage loan types, and auto loans.
Experience with mortgage-loan collateral.
Experience with relational databases and business-intelligence software.
Job Description
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 agreements. In 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.