Transaction Associate

Redwood Trust, Inc.; Dallas (TX); On-site; USD 85,000 - 100,000; Full time

Benefits offered by this job

Discretionary corporate bonus program

Multiple health plans

Fitness reimbursement

Paid parental leave

401K matching

Job summary

A finance institution in Dallas seeks a Transaction Associate to manage Non-QM residential mortgage transactions. The role involves coordinating timelines, due diligence, and ensuring smooth servicing transfers. Candidates should possess a bachelor's degree in finance and 5+ years of mortgage experience, particularly with Non-QM transactions. A competitive compensation package of $85,000-$100,000 is offered, alongside benefits such as health plans and retirement matching.

Qualifications

• 5+ years of mortgage industry experience, preferably in Non-QM transactions.
• Strong knowledge of mortgage banking and secondary markets.
• Proven ability to manage multi-stakeholder relationships.

Responsibilities

• Coordinate the full lifecycle of Non-QM mortgage transactions.
• Manage transaction timelines for timely settlements.
• Conduct loan-level due diligence and credit reviews.
• Ensure smooth servicing transfer post-settlement.

Skills

Mortgage industry experience

Analytical skills

Organizational skills

Strong written and verbal communication

Technological proficiency

Relationship management

Education

Bachelor's degree in finance or related field

Tools

Excel

Job description

The Transaction Associate position is responsible for management and support of Aspire’s (a division of Redwood Trust) Non-QM residential mortgage related purchase/sale and security transactions. This position is also responsible for overall coordination and management of multiple processes to maximize the success of each transaction. The ability to successfully manage internal and external relationships is a vital skill for this role. The position requires broad knowledge and experience with the mortgage industry specifically with the Non-QM bulk whole loan purchases and Non‑QM bulk and flow whole loan sales. This position has a high level of interaction with internal parties (capital markets, underwriting, legal and compliance, IT, servicing, funding, treasury) as well as external parties including loan sellers, loan buyers, brokers and document custodians.

Responsibilities & Duties

• 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.
• 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.

A reasonable estimate of the total compensation range for this role is $85,000-$100,000. The actual salary offer to the successful candidate will be based on job-related education, geographic location, training, licensure and certification, and other factors. CoreVest also offers a competitive benefit package including 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, and 401K matching.

At Redwood Trust, we are committed to fostering an inclusive workplace where diversity is valued, and everyone has the opportunity to thrive. We welcome applications from individuals of all backgrounds and experiences. We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Seniority Level

Associate

Employment Type

Full-time

Job Function

Finance