Detroit, MI, USA
40 days ago
Senior Deal Manager

The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. We’re united by our culture – a drive to find a better way that fuels our commitment to our clients, our community and our team members. We believe in and build inclusive workplaces, where every voice is heard and diverse perspectives are welcomed. Working for a company in the Family is about more than just a job – it’s about having the opportunity to become the best version of yourself.

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 dealsDrive whole loan trading technology enhancements and workflow process improvementLead 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 contractsCommunicate final deal terms and support business owners with their implementationConduct research to identify alternative courses of action, executing as neededManage new buyer onboarding project phases, including managing internal/external client expectations, leading communications, and facilitating executionStay informed of upcoming trends, changes, and risks in the broader marketProactively communicate with leadership and assist with additional projects as neededMentor and train other team membersOwner 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 roleBachelor’s degree in finance, business, or equivalent mortgage experienceExpertise negotiating and constructively handling disagreementExtensive knowledge of loan purchase and loan servicing contracts, including Representation and Warranty frameworksExtensive knowledge of multiple trading executions, such as securitization structures and whole loan sales, and their associated risksKnowledge of securitization documents, including engagement letters, initial purchaser agreements, term sheets, and offering memorandumsKnowledge of current regulations, such as Regulation AB, and Qualified Residential Mortgage (QRM), and how they impact transactionsProficiency in the Microsoft Office suite

Preferred Qualifications:

Master’s degree in finance, business, or equivalent mortgage experience7 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.

The Company is an Equal Employment Opportunity employer, and does not discriminate in any hiring or employment practices. The Company provides reasonable accommodations to qualified individuals with disabilities in accordance with state and federal law. Applicants requiring reasonable accommodation in completing the application and/or participating in the employment application process should notify a representative of the Human Resources Team, The Pulse, at Careers@myrocketcareer.com.

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