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Newrez LLC · 1 day ago

Senior Counsel- Mortgage Servicing Transactions

Fort Washington, PA

Full-time

Onsite

Senior Level, Lead/Staff

15+ years exp

Newrez LLC is committed to delivering exceptional service in residential mortgage transactions and is seeking a Senior Counsel - Mortgage Servicing Transactions. This role involves providing expert legal guidance, managing complex documentation, and collaborating with internal and external stakeholders to ensure compliance with business objectives and regulatory requirements.

FinanceFinancial Services

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

Qualification

Law DegreeMortgage Servicing ExperienceCapital Markets TransactionsRegulatory ComplianceNegotiation SkillsClient Service OrientationAnalytical SkillsInterpersonal CommunicationLeadership SkillsTeamwork Skills

Required

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

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

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