Transaction Management Associate

Selene Finance LP•Minneapolis, MN

About The Position

Selene Finance is seeking an Associate Transaction Manager who will assist with and manage a wide variety of duties during due diligence on new loan acquisitions, regular deal activity, and special projects and initiatives. The ideal candidate will work across several business units within the organization and requires some knowledge of new origination products (Non-QM, RTL, CES, HELOC). 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: Credit, Compliance, Loan Origination, Underwriting Guidelines, Collateral, and basic contract administration
A demonstrated willingness to learn and add value to existing processes based on established work experience
Solves problems with a sense of recognizing opportunities, understanding risks and acting quickly to overcome obstacles and reach a solution.
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
Multi tasker in a constantly changing, fast paced environment
Strong data manipulation skills through excel (required)

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
SQL databases (a plus)

Responsibilities

Assist with the logistics of the due diligence and loan acquisition and securitization processes, including direct interface with vendors and other counterparties, and the review and assessment of loan-level factors.
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