Agency Transaction Manager - Grandbridge Real Estate

Truist Bank • Frisco, TX

3d

About The Position

The Agency Transaction Manager (ATM) 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 ATM may specialize in Fannie Mae or Freddie Mac transactions.

For Fannie Mae deals, the ATM is the initial point of contact for producers, evaluates loan opportunities, and consults with internal credit and Fannie Mae as needed to size and structure transactions. The ATM applies agency underwriting requirements to identify issues early and help facilitate credit-worthy business. The ATM establishes and maintains deal information in CLOSER until a term sheet is signed or the deal ends, issues accepted term sheets, and prepares handoff memos for underwriting. The ATM also participates in kickoff calls and assists with closing.

For Freddie Mac transactions, the ATM may serve as a corporate liaison between Freddie Mac and the Production team, maintaining expertise in Freddie Mac programs to help address transaction issues and structure solutions. ATMs may also support specialty areas such as Affordable or Seniors, educate and train Production teams on agency loan submission 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

• Manage initial valuation, quoting, and issuance of term sheets on Fannie Mae loans for Grandbridge production offices.
• Support origination teams in processing Freddie Mac loans.
• Evaluate Fannie Mae loan opportunities and consult with internal credit and Fannie Mae as needed to size and structure transactions.
• Apply agency underwriting requirements to address issues early and help facilitate credit-worthy business.
• Establish deals in CLOSER and maintain deal information until a term sheet is signed or the deal ends.
• Issue term sheets when quotes are accepted and prepare handoff memos for the underwriting team after term sheets are signed.
• Participate in kickoff calls and provide assistance to help facilitate successful closings.
• Serve, as applicable, as a corporate liaison between Freddie Mac and the Production team, using program expertise to address transaction issues and structure solutions.
• Provide support to 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 representing 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 as applicable
• 10 sick days, prorated as applicable
• Paid holidays
• Depending on position and division, the job may also be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level