What are the responsibilities and job description for the Transaction Manager position at Movement Mortgage?
Join the company defining what it means to be an Impact Lender!
Mortgages are what we do, but that doesn't define who we are. In 2008, Movement disrupted the industry with the innovative 6-7-1 mortgage process. In 2023, we pioneered again, helping launch Impact Lending – a new category of lending. Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender.
At Movement, we are Impact Lenders. We give 40%-50% of our profits to making an impact in our communities. For us, purpose and people have always come before profit.
RESPONSIBILITIES
(Duties and responsibilities may include, but are not limited to the following):
- Manages every aspect of communication with both internal and external partners to settle whole loan trades and MSR transactions
- Leverages knowledge of the investor relations process, internal systems and contacts across the company to cure loan defects
- Reviews and responds to requests from investors to expedite settlements
- Reviews and reconciles trade confirmations, funding schedules and settlement documents
- Manages, requests and reconciles incoming wires to settle trades
- Reviews, reconciles and corrects pricing, as needed with investors
- Creates, maintains and deepens relationships with investors, due diligence firms and custodians
- Analyzes trends/areas of concern and creates a feedback loop with appropriate teammates
- Assists in training and mentoring new team members
- Escalates issues to senior managers in a timely fashion
QUALIFICATIONS
(To perform the job successfully, the candidate should demonstrate the following competencies to perform the essential functions of this job.)
- 1-4 years of relevant work experience
- Residential mortgage lending knowledge and in-depth analytical skills with an understanding of secondary / capital markets
- Excellent organizational skills and attention to detail
- Outstanding communication and interpersonal skills
- Strong quantitative and technical abilities
- Solid work ethic and high level of motivation
- Ability to drive projects and initiatives - a self-starter
- Ability to multi-task and work with numerous colleagues across the company and various types of counterparties
pREFERRED QUALIFICATIONS
- Proficient to advanced skills with MS Office (Excel, PowerPoint, Word, Outlook)
- Highly organized with exceptional attention to detail and follow-through
- Strong ability to manage multiple projects with competing deadlines
- Team player with positive attitude and strong work ethic
- Strong communication skills (written and verbal)
- Ability to work in a fast-paced environment
- Ability to adapt quickly to a variety transaction types
- Ability to self-direct, analyze evaluate and form independent judgments
- Ability to effectively interact and build relationships with senior management
- Ability to exercise discretion with respect to highly confidential/sensitive information
- Integrity, ethical standards and sound judgment
PREFERRED EDUCATION
- Bachelor's degree in a business-related field OR 1-4 years of prior direct experience in a similar role.
The expected salary range for this position is between:
$87,430.00 - $117,800.00
The range for the position in other geographies may vary based on market differences. The actual compensation will be determined based on experience and other factors permitted by law.
We also offer a benefits package that includes:
- Competitive pay
- Benefits Offered: Medical, Dental, Vision, Life, Disability, Critical Care, Hospitalization, HSA, FSA, DCFSA and QTE
- Retirement plan: 401(k) and Roth
- Paid Time Off: 16 days front loaded. Prorated based on the start date month
- 11.5 paid holidays per year
- Employee assistance program
- Excellent career growth opportunity
- Fun, team-focused working environment
- Employee driven community outreach program
- Relocation packages available
The application window is anticipated to close on:
April 15, 2025
We’re definitely not your average mortgage company. When you’re ready to grow your career AND your impact, we’re ready for you. We’re also one of the nation’s top lenders and are redefining corporate culture. We work hard, we have fun, we invest in our people and we make a difference. Sound like a plan? Good. Learn more at
www.movement.com
.Salary : $87,430 - $117,800
