Western Alliance Bank · 1 day ago
Senior Transaction Manager
Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation, and they are seeking a Senior Transaction Manager. This role involves negotiating trade contracts and managing multiple Secondary Market transactions while maintaining investor relationships and ensuring accurate data delivery.
BankingFinanceFinancial Services
Responsibilities
Responsible for the day-to-day relationship with investors whose trades the Senior Transaction Manager is managing; establish timelines for due diligence review and settlement deliverables
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 Identify and confirm the final funding population with investors and facilitate the settlement process including the repricing of the trade, preparation 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 for all released transactions
Prepare monthly management reports
Qualification
Required
10+ years of related experience in residential mortgage industry, capital markets
Minimum 7 years' experience reviewing and negotiating legal contracts related to Capital Market transactions
Bachelor's degree in related field
Proficiency with Excel
Strong analytical and critical thinking skills
Benefits
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
A wellness program
Company
Western Alliance Bank
Western Alliance Bank is a banking firm that offers commercial and business banking solutions.
H1B Sponsorship
Western Alliance Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (42)
2024 (30)
2023 (49)
2022 (28)
2021 (13)
2020 (10)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-11-19Post Ipo Debt· $400M
2005-06-30IPO
Recent News
Morningstar.com
2026-01-09
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