Senior Counsel- Mortgage Servicing Transactions

Newrez•Fort Washington, PA

1d•Onsite

About The Position

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.

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.
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.
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.

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.

Benefits

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