Residential Mortgage Transaction Manager

Job Description

Responsibilities

Develop and execute counterparty surveillance procedures to monitor seller, servicer, and originator performance and compliance with transaction agreements
Monitor portfolio performance, identify collateral and servicing exceptions, and enforce repurchase and buyback rights when applicable
Oversee the monthly remittance and waterfall review process, validating cash flows, payment allocations, and servicing calculations
Reconcile monthly servicer remittance reports against bank and collection accounts
Monitor controlled deposit, collection, and reserve accounts to confirm sweeps, identify misdirected funds, and flag custodial or DACA irregularities
Conduct detailed reviews of Residential Transitional Loan (RTL) draw requests to ensure compliance with loan terms and funding requirements
Partner with internal stakeholders, including Accounting, Operations, and Back office in setting up new investments and ensure accurate reporting in trade booking software
Monitor facility-level triggers and covenants-including delinquency and credit event triggers, sponsor financial covenants, and amortization or cash-trap events and escalate actual or approaching breaches to deal terms and management
Provide analytical support, risk management, and operational oversight to meet servicing requirements
Research and resolve loan-related issues by collaborating across departments
Support management with special projects, process improvement initiatives, and other responsibilities

Qualifications

Bachelor’s degree in business, finance, or a related field (or equivalent work experience)
3–5 years of relevant experience in loan servicing, mortgage operations, or real estate finance
Proficiency in Microsoft Office
Excellent written and verbal communication skills
Self-starter who thrives in a dynamic environment and requires minimal supervision
Strong organizational, problem-solving, and analytical skills with a high attention to detail
Ability to build effective relationships and collaborate across departments

Preferred Qualifications

Knowledge of real estate finance, investments, accounting, and insurance principles

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About Company

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve. At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!