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Whole Loan Transaction Associate

Whole Loan Transaction Associate

at Verus Mortgage Capital

Posted: 1-10-2025

Remote

Finance

Ï

$75,000/year

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About this Career

Loan Officers

Skills

Detail Oriented, Sales, Curiosity, Management, Mortgage Loans, Analytical Thinking, Process Improvement, Analytical Skills, Acquisition Processes, Loans, Communication, Microsoft Word, Professionalism, Settlement, Time Management, Ethical Standards And Conduct, Adaptability, Loan Documentation, Multitasking, Project Management, Accountability, Operations, Writing, Microsoft Project, Organizational Skills, Willingness To Learn, Microsoft Excel, Pipeline Reporting

Job Description

Whole Loan Transaction Associate Verus Mortgage Capital - 4.0 Bloomington, MN Job Details Full-time $70,000 - $80,000 a year 22 hours ago Benefits Paid time off 401(k) matching Qualifications Microsoft Word Microsoft Excel Sales Mid-level 3 years Analysis skills Project management Organizational skills Microsoft Project Communication skills Time management Full Job Description The role of the Whole Loan Transaction Associate is responsible for the timely, accurate and efficient completion of whole loan sale transactions, including partnering with internal and external counterparts to fulfill whole loan sale transactions. The ideal candidate must be extremely organized, and detail oriented with strong time management and multi-tasking skills.
Responsibilities and Duties:
Monitor and track all transaction (sale) timelines, specified mortgage asset pipelines, buyer specific requirements, loan documents and sites to ensure a timely, accurate and seamless transaction. Professionally interact with third-party diligence providers, Buyers, Servicers, Custodians, and internal counterparts. Partner with internal counterparts and third-party diligence firms to ensure reviews are completed in accordance with buyer requirements and priced accordingly. Completion or follow up for any outstanding conditions for purchase outlined by the seller. Track and develop condition requirements monitoring for acquisition team for modification or changes to acquisition processes to ensure a more efficient loan sale delivery. Develop, monitor, and disperse internal periodic whole loan pipeline reporting. Work with the team to continually evaluate and develop the whole loan sale process to ensure standards and efficiencies. Willingness to work on any other duties necessary to acquire, securitize or sell assets as assigned by management. Support the Operations, Collateral and Servicing Team to ensure timely and accurate settlements. Escalate all identified risks to manager. Abide to proper measures as per company policies to secure Company information, assets, equipment, and systems.
Education and Experience:
3 years experience in the Secondary Mortgage Market. Must have a good understanding of the overall mortgage operations process. Strong analytical skills with the ability to address issues from both a business and technical perspective. Proficient with Microsoft Excel and Word. Project management skills, including a demonstrated ability to manage multiple parties involved in the Whole Loan Sale process where results and actions conclude with a successful settlement. Ability to work within a short timeframe, multi-task and remain successful under pressure. Possess a professional demeanor and strong oral and written communication skills. Ability to work both independently and collaboratively within a team environment. Strong willingness to learn and grow through taking on additional responsibility, projects, and opportunities.
Key Competencies:
Analytical Thinking:
Strong ability to analyze mortgage operations processes, address issues from business and technical perspectives, and develop efficient solutions.
Project Management:
Demonstrated skills in managing multiple parties and processes, ensuring timely and successful settlement of whole loan sales.
Detail Orientation:
Excellent organizational skills with a focus on accuracy and efficiency, particularly in managing transaction timelines, loan documents, and buyer requirements.
Communication Skills:
Professional oral and written communication abilities to interact effectively with third-party diligence providers, buyers, and internal counterparts.
Adaptability and Collaboration:
Ability to work independently or within a team, manage tasks under pressure, and remain open to learning and taking on additional responsibilities.
How This Role Demonstrates Our Values:
Integrity:
Ensures accurate, timely transactions, escalates risks transparently, and upholds ethical standards.
Collaboration:
Works with internal teams and external partners to ensure seamless loan transactions and settlements.
Excellence:
Continuously improves processes and ensures accuracy to maintain high operational standards.
Critical Curiosity:
Identifies areas for improvement and embraces learning opportunities to enhance efficiency and impact. Benefits Great compensation package Attractive benefits plans and paid time off 401(k) w/ company matching Professional learning and development opportunities And much more! Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship. Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions. All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties. Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person's race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person's disability or medical condition. About Invictus Capital Partners / Verus Mortgage Capital Verus Mortgage Capital is an independent national mortgage investor. Verus offers its Sellers responsible non-prime and Jumbo prime lending products that fill the credit void in today's market. Verus consistently evaluates today's market and credible borrower financing needs to offer our partners innovative solutions. Verus Mortgage Capital is an affiliate of Invictus Capital Partners please visit our website at https://verusmc.com/. Department Securitization Employment Type Full Time Location Bloomington, MN Workplace type Fully remote Compensation $70,000 - $80,000 / year Reporting To Vice President - Securitization & Whole Loans Operations

Other Job Posting Details

Salary

Minimum

Maximum

$70,000/yr

$80,000/yr

MINIMUM EDUCATION LEVEL

No Education Listed

MINIMUM YEARS EXPERIENCE

3