New

Senior Vice President, Director of Transaction Management

Western Alliance Bancorporation
$193,955.00 - $239,591.00
dental insurance, tuition assistance, 401(k)
United States, California, Westlake Village
Aug 05, 2025
Job Title: Senior Vice President, Director of Transaction Management Location: CA - Westlake Village What you'll do: As the SVP, Director of Transaction Management will be responsible for all trade contracts including MLPAs, Bailee Agreements, non-disclosure agreements, purchase and sale agreements. You'll lead the Transaction Management team that processes loan sales to third party investors. You'll negotiate trade transaction for capital market transactions, including contracts, trade confirmations as well as other transaction items. You'll also work with investors and various internal groups to ensure all contracts are completed accurately. Lead contract negotiations for all capital market transactions. Act as liaison between investors and internal business stakeholders such as traders, legal counsel, quality control, accounting, treasury and servicing departments. Work closely with the Trading Desk to address any issues with mortgage loan allocations and trades to ensure prompt resolution of issues and timely settlements. Responsible for primary relationship management with investors; establish timelines for due diligence review and settlement deliverables. Manage a team of Transaction Managers responsible for executing and completing the teams' daily responsibilities and trade settlements. Negotiate non-disclosure agreements, trade confirmations, purchase confirmations, and purchase and sale agreements related to whole loan sales and mortgage servicing rights sales transactions. Coordinate the execution of bailee letters and the shipment of collateral files to the investors' custodians, while ensuring all necessary releases from interested parties are obtained. Monitor due diligence process to ensure timely follow up with internal & external business partners for resolution of data and collateral defects preventing the sale of the loans as well as ensure all data delivered to the investor is accurate and complete while all loans meet the trade parameters. Review and approve final funding population with investors and facilitate the settlement process including the repricing of the trade, execution of closing documentation, reviewing the funding schedule for accuracy, compiling mortgage loan schedule data, and communicating settlement funds to warehouse lenders and to the treasury department. Coordinate and monitor the servicing transfer process between the investors and the servicing department as well as ensure any issues that arise are addressed and resolved timely. Prepare/review monthly management report. Lead and develop a team: responsible for hiring, coaching, performance management, training and development. What you'll need: 10+ years of related experience in Capital Markets Transaction Management or similar field. Bachelor's degree in related field required; Masters or MBA in related field preferred. Previous leadership experience required. Advanced to expert knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services. Advanced to expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. Advanced to expert residential mortgage industry with experience in Capital Markets transaction management, contract finance and due diligence. Intermediate to advanced experience with SQL and MS Excel with ability to create ad hoc reports and analyses using functions such as nested formulas, lookups, pivot tables, etc. Expert speaking and writing communication skills. Compensation: Salary range for new hires is generally $193,955.00 - $239,591.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned. Benefits you'll love: We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career! About the company: AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process. Western Alliance Bancorporation