Agency Transaction Manager - Grandbridge Real Estate

Truist Bank•Dallas, TX

About The Position

The Agency Transaction Manager manages initial valuation, quoting, and issuance of term sheets on Fannie Mae loans for Grandbridge production offices, and supports origination teams in processing Freddie Mac loans. The role helps execute agency loans and may specialize in Fannie Mae or Freddie Mac transactions. It evaluates loan opportunities, applies agency underwriting requirements, and helps address issues and structure solutions early in the process. For Fannie Mae deals, the manager is the initial point of contact for producers, establishes and maintains deal information in CLOSER, issues term sheets when quotes are accepted, and prepares handoff memos for underwriting after signed term sheets. The manager participates in kickoff calls and assists with successful closings. For Freddie Mac transactions, the manager may serve as a liaison between Freddie Mac and the Production team and provides program expertise to help address transaction issues. The role may also support specialty markets such as Affordable or Seniors, train Production teams on agency-loan procedures and templates, and represent Grandbridge at real estate industry trade functions.

Requirements

Bachelor’s degree in Business, Real Estate, or Finance, or equivalent education and related training.
One to three years of relevant experience within the multifamily industry.
Strong mathematical, verbal, and written communication skills.
Excellent organizational skills, attention to detail, and drive to succeed.
Ability to organize, direct, and motivate others.
Ability to meet deadlines.
Maturity and self-confidence to handle a variety of assignments simultaneously.
Ability to work harmoniously with internal and external workers and customers.
Ability to handle multiple projects at various stages of completion.
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.
Ability to travel, occasionally overnight.

Nice To Haves

Experience underwriting or originating loans for Fannie Mae and/or Freddie Mac.
Advanced expertise with MS Excel, Word, and PowerPoint.
Understanding of real estate documents, including loan documents and mortgages, ALTA surveys, ground leases, commercial leases, and other related documents.

Responsibilities

Help execute agency loans, specializing in Fannie Mae or Freddie Mac transactions.
Evaluate Fannie Mae loan opportunities and, in consultation with internal credit and Fannie Mae as needed, size and structure them.
Apply agency underwriting requirements to identify issues early and provide solutions that facilitate credit-worthy business.
Establish deals in CLOSER and maintain deal information until a term sheet is signed or the deal is no longer active.
Issue term sheets for accepted quotes and prepare handoff memos for the underwriting team after term sheets are signed.
Participate in kickoff calls and provide assistance to facilitate successful closings.
Potentially act as a corporate liaison between Freddie Mac and the Production team, applying Freddie Mac program expertise to transaction issues and deal solutions.
Support Production offices in specialty product markets such as Affordable or Seniors.
Educate and train Production teams on procedures and templates for agency loan submissions.
Attend real estate industry trade functions as a representative of Grandbridge.

Benefits

Medical insurance
Dental insurance
Vision insurance
Life insurance
Disability insurance
Accidental death and dismemberment coverage
Tax-preferred savings accounts
401(k) plan
At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
10 sick days, prorated
Paid holidays
Depending on position and division, the role may also be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan