VP of Transaction Management

VP of Transaction Management at Insight Global

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This role is responsible for the day-to-day planning, processing, and execution of firm-wide transaction management, with a specialized focus on the contract finance role. It requires the well-organized management of all transaction matters related to the company's buy-side, sell-side, and whole loan trading activity. Specific areas of management include contract finance, diligence, settlements, and post-settlement liability tracking.

Responsibilities

• Manage transaction timelines from trade acceptance to settlement, identifying and tracking key milestones and deliverables to meet closing date objectives.
• Negotiate terms of all required transaction contracts, including trade-level bid letters/stipulations, non-disclosure agreements (“NDA”), mortgage loan purchase agreements (“MLPA”), interim servicing agreements (“ISA”), and custodial bailee agreements.
• Ensure proper counterparty vetting and approvals are in place.
• Coordinate all settlement activity, including distribution, review, approval, and execution of required contracts and schedules, as well as internal and external communications related to the transfer of funds in exchange for title to assets.
• Ensure the timely transfer of servicing rights and accurate boarding of data in connection with loan acquisitions.
• Complete transaction-specific post-settlement reconciliation and work with counterparties to reconcile differences in accordance with the terms and timelines of the MLPAs and ISAs.
• Identify, track, and work with counterparties to resolve post-closing breach matters in accordance with the terms of applicable contracts.
• Ensure financing and securitization requirements are addressed in connection with all transaction activity.
• Recommend and implement policy and procedure enhancements to mitigate risks and improve operational efficiencies through automation where possible.

Insight Global is committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.

Skills And Requirements

• Minimum of five years of transaction-based experience with whole loans/residential loans.
• Strong knowledge of and significant experience in reviewing and negotiating NDAs, MLPAs, and ISAs.
• Strong knowledge of and significant experience in all aspects of whole loan trade operations (pre-bid through settlement), capital markets, and structured finance.
• Substantive experience with residential mortgage underwriting and/or servicing of various mortgage products, including non-performing, re-performing, fix and flip, or Non-QM loans.
• Adept at developing interpersonal relationships and being proactive, assertive, and professional in dealings with investors, institutional clients, third-party vendors, senior management, and other team members.
• Excellent time management and organizational skills with an attention to detail.
• Ability to multi-task and thrive in a fast-paced environment with aggressive and fluctuating deadlines.
• Strong self-confidence, sound judgment, thoughtful decision making, and problem-solving skills.

Key skills/competency

• Transaction Management
• Contract Finance
• Whole Loan Trading
• NDA Negotiation
• MLPA (Mortgage Loan Purchase Agreement)
• ISA (Interim Servicing Agreement)
• Settlement Activity
• Post-Settlement Reconciliation
• Mortgage Underwriting
• Capital Markets