Transaction Operations Manager (Irvine, CA)

Auction•Irvine, CA

4d•Onsite

About The Position

As a Transaction Operations Manager, you'll play a pivotal role in managing and directing the entire life cycle of the Real Estate Owned (REO) process. Reporting directly to the Director of Operations, you'll ensure timely closings by coordinating effectively with all relevant parties and proactively identifying adverse trends.

Requirements

Bachelor’s or Associate degree with a concentration in business, real estate, or related field preferred.
Minimum 3-5 years of real estate closing, title, and mortgage experience.
Proven experience in managing the REO process.
Detail-oriented with strong organizational skills.
Self-motivated to thrive in a fast-paced environment.
Strong communication and interpersonal skills.
Ability to analyze data and implement corrective strategies.
Extensive knowledge of the mortgage industry, including real estate closing, title policies, title resolution, and foreclosures.
Maintain thorough knowledge of real estate procedures, documents, contracts, title, escrow, and HUD's.
Demonstrated ability to lead and develop a high-performing team.

Responsibilities

Oversee and direct the entire life cycle of the REO process, ensuring efficient and timely closings.
Act as a central liaison between direct reports and third-party vendors/clients. Communicate effectively with clients, real estate agents, title and escrow companies.
Proactively identify adverse trends within the REO process. Implement strategic steps to correct and improve closing timelines.
Assist in strategic planning initiatives to maximize profitability and operational efficiency. Develop effective strategies to liquidate properties within established timelines.
Run reports to monitor the effectiveness of contracted relationships. Monitor exception reports to ensure adherence to established asset management guidelines.
Ensure staff performance aligns with department goals and budgeted targets. Provide feedback to senior management regarding potential issues impacting established goals.
Facilitate training and development programs for staff.
Create, maintain, and analyze data to identify negative trends and implement corrective measures.
Undertake special projects as needed to enhance operational efficiency.