Transaction Manager

Location: Northern

## Transaction Manager Apply locations:
Indian Land, South Carolina time type:
Full time posted on:
Posted 2 Days Agojob requisition :
R-3030
** Join the company defining what it means to be an Impact Lender!
** Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending – a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender.

At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit.
** RESPONSIBILITIES***(Duties and responsibilities may include, but are not limited to the following):
** Own the end-to-end execution, settlement, and reconciliation of whole loan sales, servicing releases, co-issue transactions, bulk loan deliveries, and MSR transactions.
* Serve as the primary point of contact for investors, custodians, due diligence providers, subservicers, warehouse lenders, and internal business partners throughout the transaction lifecycle.
* Direct all trade allocation, pool management, redelivery, exception resolution, and settlement activities to ensure timely and accurate delivery of assets.
* Review, validate, and reconcile trade confirmations, funding schedules, purchase advices, wire instructions, settlement statements, and servicing transfer documentation.
* Manage trade-level economics and perform detailed analyses of pricing discrepancies, purchase advice variances, servicing adjustments, fees, penalties, and breakage calculations.
* Coordinate issue resolution with Capital Markets, Secondary Marketing, Post-Closing, Accounting, Treasury, Servicing, Legal, and Compliance teams to remove purchase and settlement obstacles.
* Monitor investor performance, settlement timelines, and counter party metrics while identifying process improvement opportunities and operational risks.
* Lead the resolution of complex loan-level defects, collateral exceptions, document deficiencies, trailing document issues, collateral shortfalls, and investor stipulations.
* Review and interpret transaction agreements, delivery requirements, investor guides, and settlement documentation to ensure contractual compliance.
* Drive process automation, reporting enhancements, and operational efficiencies across loan sales and servicing transactions.
* Develop and maintain transaction management procedures, controls, workflow documentation, and reporting standards.
* Provide guidance, training, and mentorship to junior team members while serving as a subject matter expert for transaction settlement activities.
* Escalate material settlement, operational, financial, or counter party risks to senior leadership with recommended solutions.
* Support strategic initiatives, acquisitions, servicing portfolio transactions, and other capital markets projects as assigned.
** QUALIFICATIONS***(To perform the job successfully, the candidate should demonstrate the following competencies to perform the essential functions of this job.)
** 5–8+ years of mortgage banking experience with significant exposure to capital markets, investor delivery, post-closing, loan trading, servicing transfers, or transaction management.
* Extensive knowledge of whole loan sales, agency and non-agency execution, servicing-released transactions, and mortgage servicing rights (MSR) transactions.
* Advanced understanding of loan settlement processes, investor requirements, custodial procedures, collateral management, and funding mechanics.
* Strong analytical and problem-solving skills with the ability to identify and resolve complex financial and operational issues.
* Proven ability to reconcile large datasets, purchase advices, trade settlements, and investor reporting.
* Exceptional organizational skills with demonstrated ability to manage multiple high-priority transactions simultaneously.
* Strong communication, negotiation, and relationship management skills with internal and external stakeholders.
* Ability to exercise sound judgment…