Description
The Senior Deal Manager is recognized as an expert by the teams they work with and act as a mentor to peers. They communicate and negotiate with internal and external business partners to execute on loan purchase contracts, act as the primary point of contact for business partners and manage the new buyer onboarding process.
About the Role
- Serve as the business partner’s primary point of contact regarding deals
- Drive whole loan trading technology enhancements and workflow process improvement
- Lead various business owners through the contracting process, including acting as an internal liaison between the legal team and business owners, negotiating deal terms with external counterparties and approving business contracts
- Communicate final deal terms and support business owners with their implementation
- Conduct research to identify alternative courses of action, executing as needed
- Manage new buyer onboarding project phases, including managing internal/external client expectations, leading communications, and facilitating execution
- Stay informed of upcoming trends, changes, and risks in the broader market
- Proactively communicate with leadership and assist with additional projects as needed
- Mentor and train other team members
- Owner of rating agency originator and servicing assessment process and subject matter expert of RMBS ratings methodologies
About You
Minimum Qualifications:
- 5 years of experience in transaction management, writing contracts or a related role
- Bachelor’s degree in finance, business, or equivalent mortgage experience
- Expertise negotiating and constructively handling disagreement
- Extensive knowledge of loan purchase and loan servicing contracts, including Representation and Warranty frameworks
- Extensive knowledge of multiple trading executions, such as securitization structures and whole loan sales, and their associated risks
- Knowledge of securitization documents, including engagement letters, initial purchaser agreements, term sheets, and offering memorandums
- Knowledge of current regulations, such as Regulation AB, and Qualified Residential Mortgage (QRM), and how they impact transactions
- Proficiency in the Microsoft Office suite
Preferred Qualifications:
- Master’s degree in finance, business, or equivalent mortgage experience
- 7 years of experience in transaction management, writing contracts or a related role
What You’ll Get
Our team members fuel our strategy, innovation and growth, so we ensure the health and well-being of not just you, but your family, too! We go above and beyond to give you the support you need on an individual level and offer all sorts of ways to help you live your best life. We are proud to offer eligible team members perks and health benefits that will help you have peace of mind. Simply put: We’ve got your back. Check out our full list of Benefits and Perks.
About Us
Rocket Mortgage® was founded in 1985. Today, we’re a Detroit-based, publicly traded company with a mission to Help Everyone Home. At Rocket Mortgage, we believe that home is more than the house you live in. Our wide variety of home loan options, tools and resources empower our clients to achieve their homeownership dreams. We’re known as experts in the mortgage industry, but we’re also innovators – we strive to create the best experiences for our clients from beginning to end. And we’re not your typical employer. We’re insistently different in how we look at the world and are committed to an inclusive workplace where every voice is heard. Apply today to join a team that offers career growth, amazing benefits and the chance to work with leading industry professionals.
This job description is an outline of the primary responsibilities of this position and may be modified at the discretion of the Company at any time. Decisions related to employment are not based on race, color, religion, national origin, sex, physical or mental disability, sexual orientation, gender identity or expression, age, military or veteran status or any other characteristic protected by state or federal law. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with applicable state and federal laws. Applicants requiring reasonable accommodations in completing the application and/or participating in the application process should contact a member of the Human Resources team, The Pulse, at Careers@myrocketcareer.com.