CoreVest Finance · 2 months ago
Transaction Associate
Dallas, TX, US
Full-time
Onsite
Mid, Senior Level
$85K/yr - $100K/yr
5+ years expRedwood Trust, Inc. is seeking a Transaction Associate responsible for managing and supporting Non-QM residential mortgage transactions. The role involves coordinating the full lifecycle of transactions, managing timelines, and ensuring effective communication among various stakeholders.
Financial ServicesMortgage
Responsibilities
Coordinate the full lifecycle of Non-QM residential mortgage transactions, from trade execution through final settlement and servicing transfer
Manage transaction timelines with internal and external parties to ensure timely settlements
Work with the trade desk to communicate and distribute transaction loan populations and data files as required per the transaction documents and requirements
Lead and facilitate kickoff meetings, pipeline reviews, and regular status calls to ensure clear communication among parties
Coordinate and track loan-level due diligence, including credit, compliance, and collateral reviews, working closely with internal underwriting and compliance teams as well as third-party vendors
Oversee the execution and tracking of reliance letters, data share agreements, and other due diligence documentation as needed
Ensure Bailee letters are executed, and collateral is shipped/received on time with custodians
Track, reconcile, and resolve collateral exceptions and certifications with document custodians
Settle transactions in accordance with transaction contracts and coordinate wires with the Treasury department
Work with the servicing department to ensure a smooth servicing transfer post-settlement
Support securitization transactions as needed
Qualification
Required
Bachelor's degree in finance, Business Administration, Economics, or a related field
5+ years of mortgage industry experience, with demonstrated expertise in Non-QM whole loan transactions (bulk and flow)
Strong knowledge of mortgage banking, secondary markets, and securitization structures
Ability to interpret and operationalize transaction legal documentation to ensure timely settlements
Proven track record of managing complex multi-stakeholder relationships (internal and external)
Strong analytical skills with the ability to evaluate, summarize, and communicate due diligence findings
Familiarity with collateral file management and custodial reconciliation processes
Technologically proficient- advanced Excel skills, ability to work across varied systems
Excellent organizational skills, attention to detail, and ability to manage multiple concurrent priorities
Strong written and verbal communication skills, with the ability to influence and drive consensus among stakeholders
Professional, collaborative, and solutions-oriented mindset with a high degree of accountability
Benefits
Discretionary corporate bonus program
Multiple health plans
STD and LTD options
Company sponsored life insurance
Fitness reimbursement
Paid parental leave
Time to volunteer
Paid Time off
ESPP
401K matching
Company
CoreVest Finance
CoreVest is a private lender that specializes in loans to residential real estate investors.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2017-07-18Acquired
Leadership Team
Marc Heenan
SVP of Lender Partnerships
Blake Gaines
VP, Lender Partnerships Attorney
Company data provided by crunchbase