Senior Transaction Manager - Residential Loans

Position Overview

A financial services and investment management organization is seeking an experienced Senior Transaction Manager to oversee the acquisition, execution, and closing of residential whole loan transactions.

The ideal candidate will have extensive experience in residential mortgage whole loan trading, bulk loan acquisitions, transaction management, and structured finance. This position requires strong knowledge of Mortgage Loan Purchase Agreements (MLPAs), loan-level due diligence, collateral management, and the ability to manage complex transactions from initial execution through post-closing.

Key Responsibilities

• Manage the end-to-end execution and closing of residential whole loan acquisitions, including bulk loan purchases and flow transactions.
• Review Mortgage Loan Purchase Agreements (MLPAs), including representations and warranties, repurchase provisions, and contractual obligations.
• Coordinate with sellers, originators, custodians, servicers, lenders, and legal counsel throughout the transaction process.
• Oversee third-party due diligence involving credit, compliance, collateral, valuation, and title reviews.
• Review loan-level data, purchase tapes, and transaction documentation to identify discrepancies and potential risks.
• Manage custodial documentation, collateral certifications, exception tracking, and bailee letter processes.
• Coordinate loan purchase settlements, funding schedules, wire transfers, and purchase price reconciliations.
• Prepare transaction summaries, credit memoranda, and reporting for senior management.
• Monitor post-closing activities, including trailing documentation, reconciliations, and early payment default (EPD) or early payoff (EPO) matters.
• Manage multiple transactions simultaneously while ensuring deadlines and funding requirements are met.

Qualifications

• 8+ years of experience in residential whole loan trading, mortgage loan acquisitions, or transaction management.
• Direct experience managing and closing bulk residential mortgage loan purchases and/or flow transactions.
• Strong knowledge of Mortgage Loan Purchase Agreements (MLPAs) and related transaction documentation.
• Experience coordinating third-party due diligence, collateral reviews, and custodial processes.
• Understanding of residential mortgage products, including Non-QM, Prime Jumbo, and Agency-Eligible loans.
• Familiarity with mortgage lending regulations, loan documentation, and collateral requirements.
• Strong experience with loan-level data analysis, purchase tape reconciliations, and transaction settlement.
• Advanced Microsoft Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, and data analysis.
• Strong communication, organizational, and problem-solving skills.
• Ability to independently manage multiple transactions and coordinate with internal and external stakeholders.
• Experience with RMBS securitizations, structured finance, or mortgage capital markets is a plus.