Transaction Manager

Maxwell; United States; Remote; USD 100,000 - 110,000; Full time

Job summary

Maxwell is seeking a Transaction Manager to streamline loan transactions and support clients, lenders, and partners. The ideal candidate will have experience in transaction management within the mortgage industry and aims to enhance client relationships. Join a company focused on democratizing the mortgage process with an agile and inclusive culture.

Benefits

Competitive salary

Equity options

401(k) plan

Flexible time off

Paid volunteer days

Top-tier medical, dental, and vision insurance

Qualifications

• Prior experience in Transaction Management role, preferably in Due Diligence environment.
• Demonstrated ability to advise multiple stakeholders and grow client relationships.
• Deep understanding of mortgage transaction processes.

Responsibilities

• Maintain pipelines and oversee client rebuttals.
• Manage communication for loan trade settlements.
• Coordinate with internal groups to bring on new sellers and buyers.

Skills

Client Consulting

Communication

Transaction Management

Due Diligence Knowledge

Job description

Maxwell, founded in 2015 by homebuyers frustrated with the mortgage process, has created a platform that streamlines and speeds up loan closings by over 45%. Our mission is to democratize mortgages by making them more accessible and efficient, reducing stress for borrowers and helping lenders stay compliant.

We are committed to a supportive, diverse, and inclusive culture, living our values of Rigor, Ownership, Curiosity, Kindness, and "Straight Up" to promote equality and financial empowerment. Intrigued? Say hello!

WHO YOU ARE...

The Transaction Manager at Maxwell Diligence acts as the key point of contact for Clients/Counterparties, Servicers, Vendors, Valuation Providers, etc. and operates as the subject matter expert for internal stakeholders. You will have the opportunity to proactively work to leverage knowledge of the process and contacts across the organization to cure loan defects, analyze trends, and create a feedback loop with stakeholders to help mitigate challenges and recommend solutions.

WHAT YOU'LL BE DOING...

• Maintain pipelines, run exceptions reporting, and oversee client rebuttals as needed
• Knowledge and ability to prepare securitization report sets, 15E/15G filings, and reliance letters
• Build a disciplined and effective process and approach to managing loan purchases and sales, scopes and internal processes
• Successfully work with departmental ops teams to meet or exceed stated SLAs for transactions
• Manage every aspect of communication with both internal and external partners to settle whole loan trade settlements and securitizations
• Create, maintain and deepen relationships with buyers, sellers and counterparties
• Review and respond to requests from investors to expedite settlements
• Coordinate with internal groups to bring on new sellers and buyers and coordinate with legal, pricing, and delivery
• Partner with sellers to understand their needs and create process documents for delivery to ensure strong hand-off including overview of scopes, timeline and deliverable expectation
• Leverage technology to create database and client reporting as well as scope for due diligence
• Manage and maintain Rating Agency relationships, vendor contracts, and other business unit contract needs
• Participates in the recruiting and interviewing of new staff.
• Manage a team of Transaction Coordinators.
• Oversees the daily workflow of the department.
• Provides constructive and timely performance evaluations.

IDEALLY YOU'LL HAVE...

• Success consulting with clients, advise multiple interested parties, and execute business objectives on behalf of various stakeholders in a fast-paced, dynamic environment
• Demonstrated ability to grow or expand service offerings within existing client relationships
• Prior experience in a relevant Transaction Management role, preferably within Due Diligence environment
• Deep understanding of due diligence scope of work for various kinds of mortgage loans
• Working knowledge of residential mortgage secondary market transactions required

Not sure you meet all of our ideals? We’re a company focused on capabilities and
would still love to hear from you, so please apply!

WHAT WE OFFER YOU

An opportunity to be a key part of an agile team of thinkers and doers collaborating
to change a multi-trillion dollar industry. We offer meaningful equity at a growth
stage company, a competitive salary, top-tier medical, dental and vision insurance,
and flexible work hours and vacation time. Here are our awesome benefits in black
and white:

● Competitive pay and meaningful equity as an employee at a fast-growing,
venture-backed company. We want you to participate and make decisions as an
owner with our future in mind

● A 401(k) and top-tier insurance plans to select from along with a FSA and HSA
where you can set aside pre-tax money for out-of-pocket expenses

● Flexible time off plus all 11 major holidays and 2 floating holidays for your birthday,
religious holiday or other special day of your choice

● Two volunteer days - paid days off to volunteer each year at the charity of your
choosing

OUR APPLICATION PROCESS

At Maxwell, we value our differences, and we encourage all—especially those whoseidentities are traditionally underrepresented in tech organizations—to apply. Maxwell isan equal-opportunity employer. We do not discriminate on the basis of race, religion,color, gender expression or identity, sexual orientation, national origin, citizenship, age,marital status, veteran status, disability status, or any other characteristic protected by law.

The pay range for this role is:

100,000 - 110,000 USD per year (Remote (United States))