Job ID: 2019-8961 Type: Regular # of Openings: 1 Category: Other Carrington Capital Management, LLC
FOUNDED IN 2003, Carrington has evolved from a mortgage credit asset manager into a vertically-integrated financial services company that covers virtually every aspect of the single family residential real estate transaction, including investment in U.S. real estate and mortgage markets, loan origination and servicing, asset management and property preservation, real estate sales and rental, and title and escrow services. Carrington has built the infrastructure necessary to maximize value during any market cycle.
The Transaction Management Analyst will support the in-house legal department with general operations of residential mortgage based investment adviser’s transaction team, servicer oversight functions, and capital markets transactions. Review, revise and manage documentation related to transactions including mortgage loan acquisitions, mortgage loan servicing acquisitions and financing transactions. Maintain corporate governance related to investments; draft and maintain corporate documents. Work closely with internal and external counsel and transaction team on a variety of matters. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Manage transaction documents for asset acquisitions and sales. Review deal documents, assess documents for accuracy and completeness, ensure all deal terms are contained in the documents, and determine when documents are ready for execution.
Review and edit confidentiality agreements, bailee letters, mortgage loan purchase agreements and other various documents. Determine suitability for execution and correct any deficiencies.
Review contracts for purchase/acquisition of analytics programs, or other software and services. Recommend vendor selection.
Prepare and maintain execution copies of transaction documents related to deal closings.
Maintain library of legal documents, ensuring compliance to corporate and regulatory standards.
Complete bidder questionnaires to receive materials for potential asset sales.
Act as liaison between transaction and legal teams, resolve outstanding issues.
Form and maintain new corporate entities. Draft and maintain corporate documents.
Other duties as assigned.
Excellent written and verbal communication skills
Proficiency in Word and Excel required
Strong organizational skills and time management skills to perform multiple tasks within limited time frames
Ability to interact with all levels of staff, including executive management
Excellent problem-solving skills
Excellent document management skills
Ability to independently evaluate alternatives and recommend solutions
Ability to adapt quickly to change without negative impact to performance and/or productivity
Ability to work independently with minimal supervision
Results oriented in a deadline driven work environment
Recognize core business issues and their impact on meeting strategic objectives
Strong working relationships with internal and external customers
EDUCATION, EXPERIENCE AND/OR LICENSES:
4 year college degree or equivalent work experience required
Bachelor’s Degree preferred
Document management experience required
Contract analysis experience strongly preferred
Experience in the mortgage industry preferred
Previous experience with a Wall Street or counterparty firm preferred