Transaction Manager -100% Remote

Radian; United States; Remote; USD 85,000 - 135,000; Full time

Job summary

Join a forward-thinking company as a Transaction Manager, where you will oversee complex residential mortgage transactions. This role requires a blend of strong interpersonal skills and extensive mortgage industry experience to manage relationships with various stakeholders effectively. You will be responsible for ensuring timely loan settlements and conducting due diligence, all while working in a flexible environment that values your contributions. If you're ready to make an impact in the mortgage and real estate services industry, this is the opportunity for you.

Benefits

Competitive Compensation

20 Days Paid Time Off

Comprehensive Health Benefits

401(k) with Company Match

Homebuyer Perks

Flexible Work Environment

Qualifications

• 8+ years of experience in the mortgage industry required.
• Bachelor's degree or equivalent experience is necessary.

Responsibilities

• Manage and support residential mortgage transactions to ensure timely closings.
• Coordinate functions with internal and external stakeholders for loan transactions.

Skills

Mortgage Industry Experience

Communication Skills

Interpersonal Skills

Data Analysis

Negotiation Skills

Critical Evaluation

Education

Bachelor's Degree

Tools

Advanced Excel

SQL

Job description

See yourself at Radian? We see you here too.

At Radian, we see you. For the person you are and the potential you hold. That’s why we’ve embraced a new way of working that lets our people across the country be themselves, be their best and be their boldest. Because when each of us is truly seen, each of us gives our best –and at Radian, we’ll give you our best right back.

Studies have shown that job seekers may hesitate to apply for jobs unless they meet every single qualification listed. We strive to see the potential in each applicant, so if you’re excited about this role but your experience or education level doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

See Yourself as a Transaction Manager

Transaction Manager position is responsible for management and support of Radian Mortgage Capital’s residential mortgage purchase, whole loan sale and/or securitization transactions. This position manages and coordinates multiple complex processes to maximize the success of each loan acquisition or sale transaction and to ensure they are able to close on time. The ability to successfully manage internal and external relationships is a vital skill for this role. The position requires experience with residential mortgage bulk and flow whole loan transactions and public / private securitization transactions. This position has a high level of interaction with internal parties (secondary, sales, warehouse lending, servicing) as well as external parties including loan sellers/lenders, loan investors, broker dealers, and warehouse providers. Transaction Manager may support credit and compliance loan reviews against Radian Mortgage Capital’s requirements and provide recommendation for loan disposition decisions.

Primary Duties and Responsibilities

• Generate data tapes required for whole loan sale and securitization transactions from internal and external sources
• Coordinate transaction related functions and requirements with internal and external stakeholders (Sellers/Lenders, Investors, Broker Dealers, Vendors, and internal departments).
• Coordinate and support loan deliveries to whole loan investors and GSEs including data, loan files, and collateral.
• Manage loan review transaction timelines with internal and external parties to ensure timely settlements and review of loan diligence and custodial review within service level expectations.
• Evaluate loan due diligence results, assess validity of stipulations, make loan disposition decisions, escalate as appropriate with internal stakeholders, resolve stipulations with sellers/investors/internal stakeholders, and prepare diligence status summaries.
• Support and review various investor guidelines for competitive analysis and salability.
• Complete validation and quality checks of required data reports, validation of data provided by third party reviewers, vendors, and sellers.
• Track and resolve collateral exceptions and certifications with third party custodians.
• Build and maintain relationships with sellers, investors, and vendors.
• Provide reporting and analytics on trades, due diligence, and counterparties.

Qualifications

Basic Education and Prior Work-Related Experience:

• Degree Requirement: Bachelor's Degree or Equivalent Experience
• Work Experience: 8 or more years of prior work experience

Additional Qualifications:

• 8+ years of mortgage industry experience required
• Ability to handle a large degree of internal and external diplomacy as well as understanding of perspective from various stakeholders
• Ability to listen effectively and communicate ideas concisely
• Knowledge of mortgage banking, secondary markets, whole loan transactions and securitizations, GSE and private investor guidelines required
• Ability to engage individuals and groups to surface essential requirements information
• Interpersonal skills, to help negotiate priorities and to resolve conflicts among appropriate stakeholders
• Ability to critically evaluate the information gathered from multiple sources, reconcile differing views, decompose high-level information into details, and abstract up from low-level information to a more general understanding, and distinguish user requests from the underlying true needs.
• Ability to evaluate, summarize and communicate residential loan due diligence results and exceptions
• Ability to plan, track and coordinate the gathering, review and summation of diverse and complex transaction related tasks, results, and requirements to ensure timely and accurate loan purchase and sale transaction settlements
• Technologically savvy, with the ability to work in varied systems; Advanced Excel skills, SQL a plus

See Your Location

Radian is committed to a flexible work environment for many of our roles. This is a *Work From Anywhere* role meaning you have the flexibility to work from home (or another designated workspace that fits your needs).

This role provides additional flexibility should you want to work on-site at a Radian office. Explore our office locations here and let your Talent Acquisition Partner know you would be interested in working on-site.

*Work From Anywhere is subject to Radian’s Alternative Work Policy and business needs.

See Why You Should Work With Us

• Competitive Compensation :anticipated base salary from $85,000 to $135,000 based on skills and experience. This position is eligible to participate in an annual incentive program.
• Rest and Relaxation. This role is eligible for 20 days of paid time off annually , which is prorated in the year of hire based on hire date. In addition, based on your hire date, you will be eligible for 9 paid holidays + 2 floating holiday in support of our DEI culture. Parental leave is also offered as an opportunity for all new parents to embrace this exciting change in their lives.
• Our Company Makes an Impact. We’ve been recognized by multiple organizations like Bloomberg’s Gender-Equality Index,HousingWire’s Tech 100, and The Forum of Executive Women’s Champion of Board Diversity. Radian has also pledged to PwC’s CEO Action for Diversity & Inclusion commitment.
• Comprehensive Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance.
• Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!) and an opportunity to participate in Radian’s Employee Stock Purchase Plan (ESPP).
• Homebuyer Perks. Our Homebuyer Perks program helps employees navigate the home searching, buying, selling, and refinancing processes and provides valuable financial benefits to encourage, enable, and support home ownership.
• Additional Benefits. To learn more about our benefits offerings, visit our Benefits Page .

#LI-NA1

The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.

Radian will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance law.

See More About Radian

Radian is a fintech servicing the mortgage and real estate services industry. As a team, we pride ourselves on seeing the potential of every person, every idea and every day.

Seeing each other at Radian goes far beyond our open, flexible culture. It means seeing our people’s potential – and creating inspiring career paths that help them get there. Or seeing new pathways and innovating for the future of our industry. It means seeing each other for all that we are. And it means seeing our purpose as one that extends beyond the bottom line – having an impact on communities across the country to help more people achieve the American Dream of homeownership.

We hope you’ll see yourself at Radian. See more about us at Radian.com.