Senior Counsel- Mortgage Servicing Transactions

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

POSITION SUMMARY

The Senior Counsel - Transactions will play a critical role in supporting servicing transactions by providing expert legal guidance and managing complex documentation. This position involves drafting, reviewing, and negotiating a wide range of servicing-related and securitization agreements, ensuring alignment with business objectives and regulatory requirements. The Senior Counsel - Transactions will collaborate closely with internal stakeholders and external counsel to facilitate timely and accurate execution of legal deliverables, mitigate risk, and stay ahead of evolving legal and regulatory landscapes. This role requires strong transactional experience, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

DESCRIPTION

Duties and Responsibilities

• Draft, review and negotiate a variety of servicing related agreements including third-party client servicing agreements, securitization servicing agreements and ancillary documents such as servicer notices, joinders, and DACAs.
• Draft, review and negotiate securitization documents including pooling and servicing agreements, PPMs, indentures, and offering materials.
• Coordinate and manage deliverables related to servicing transactions, ensuring timely and accurate execution
• Collaborate with internal teams to align legal documentation with business objectives
• Advise internal stakeholders on legal and regulatory issues related to servicing transactions
• Partner with outside counsel as needed to align legal approaches with internal strategic objectives and acceptable risk levels
• Monitor legal and regulatory developments affecting servicing and securitization transactions
• Draft, review, and negotiate other agreements as needed including mortgage loan purchase agreements (MLPAs), non-disclosure agreements (NDAs), broker agreements and correspondent agreements.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• Law Degree.
• Membership in good standing in state bar.
• Minimum of 15 years of full-time legal practice with substantial experience in mortgage servicing or capital markets transactions, in a law firm or in-house setting.

Skills, Abilities, and Knowledge

• Ability to achieve consensus among competing objectives and constituencies.
• Strong client service orientation.
• Excellent interpersonal communication and leadership skills, including the ability to influence others, foster teamwork and drive for results and change within a large and complex organization.
• Ability to analyze complex issues, develop creative solutions and provide sound, practical and reasoned legal advice to business client.
• Excellent verbal/written communication skills, excellent listening skills and teamwork skills.

Additional Information

While this description is intended to be an accurate reflection of the positions requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

Additional Information:

While this description is intended to be an accurate reflection of the positions requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits :

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave

• Pet insurance

• Adoption Assistance

• Tuition reimbursement

• Employee Loan Program

• The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW:

• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.