Associate Transaction Manager

Selene DiligenceMinneapolis, MN
1d

About The Position

Selene Finance is seeking a Transaction Management Associate who will assist with and manage a wide variety of duties during due diligence on new loan acquisitions/sales, regular deal activity, and special projects and initiatives. The ideal candidate will work across all business units within the organization and requires some knowledge in any of the following areas: default servicing practices, including foreclosure, bankruptcy, title, litigation, and collateral. Qualified candidates will be flexible, results oriented, self-starters, who possess advanced communication, critical thinking, problem-solving skills, and the willingness to learn. The ideal candidate must have an ability to work in a fast-paced team-centered environment and manage multiple competing priorities, while remaining productive, level-headed, and well-balanced.

Requirements

  • Minimum of 2 years mortgage experience in at least 3 or more of the following areas: Compliance, Loss Mitigation, Bankruptcy and Foreclosure processes, title curative, litigation, collateral, and basic contract administration
  • A demonstrated willingness to learn and add value to existing processes based on established work experience
  • Must be detail oriented and consistently maintain a high level of quality and accuracy in their work. Work product must be consistently reliable and accurate.
  • Ability to work independently with minimal direct supervision and effectively communicate (orally and in writing) with others, both internally and externally
  • Ability to organize, prioritize and allocate workload for optimum efficiency
  • Strong team player with a high level of professionalism
  • Multitasker in a constantly changing, fast paced environment
  • Strong data manipulation skills through excel (required), SQL databases (a plus)

Nice To Haves

  • Familiarity with the various aspects of the due diligence, and loan sale/acquisition process is a plus
  • Working knowledge of servicing systems, such as Black Knight/ LPS, MSP is a plus, but not required
  • Solves problems with a sense of recognizing opportunities, understanding risks and acting quickly to overcome obstacles and reach a solution.

Responsibilities

  • Assist with the logistics of the due diligence and loan acquisition/sale processes, including direct interface with vendors and other counterparties, and the review and assessment of loan-level factors such as title, collateral, compliance, and overall servicing.
  • Work with the Transaction Management team toward successful transaction execution
  • Collaborate closely with internal teams and servicers to identify procedural changes and system enhancements where needed; recommend operational improvements and assist in implementation
  • Assist with all aspects of transactions while maintaining a high level of organization, managing vendor and project timelines, performing risk assessments and escalating where needed, exuding confidence in day-to-day tasks such as leading conference calls and managing counterparty communication
  • Assist the Transaction Management team with various tasks and ad hoc projects, as needed

Benefits

  • Paid Time Off (PTO)
  • Medical, Dental &Vision
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Savings Account
  • Paid Holidays
  • Company paid Life Insurance
  • Matching 401(k) Plan
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