Transaction Management Associate

About the team

Zillow Group is on the front lines of radically redefining how consumers buy, sell, and finance homes. We seek to transform the consumer mortgage experience by moving closer to the real estate transaction. We are a fun, fast-paced, and ethical FinTech company. Zillow Home Loans is taking big swings and it's never been a more exciting time to join our team! This critical role offers an opportunity to be on the forefront of developing new capabilities that will allow ZHL to scale our operations.

About the role

Zillow Group is looking for a Transaction Management Associate to assist with our asset sale efforts for the Mortgage segment. This position reports directly to the Transaction Manager, Mortgage Capital Markets and is responsible for working across functional teams to maintain controlled operational processes that allow for seamless and continuous placement of loans originated by Zillow Home Loans and realize targeted gain on sale margins. The Transaction Management team develops, negotiates, and formalizes contracts with new servicing buyers and ensures that all existing contractual obligations for all investors/servicers are met.

• Assist Capital Markets team with development efforts to sell directly to Fannie Mae, Freddie Mac, Ginnie Mae, Whole Loan aggregators, and non-agency Investors
• Coordinate with Capital Markets trade desk and loan delivery teams for loan and servicing sales. Troubleshoot transaction issues and provide recommendations for operational improvement
• Support Transaction Manager with distressed loan sales as needed
• Reconcile investor purchase advice and compare the execution relative to expectations, provide analysis and feedback to Transaction Manager
• Review and reconcile post-sale items such as holdback, EPO/EPD invoices, escrow releases, note transfers/re-certifications, and post-fund data corrections
• Build out reporting to monitor and manage loan sale pipeline as needed
• Manage note release process with multiple warehouse banks
• Monitor collateral reports, communicate with custodians, and raise collateral concerns to Management
• Work with Servicing team to resolve any servicing transfer related issues and function as a liaison between Zillow Home Loans teams and servicing buyers

This role has been categorized as a Remote position. "Remote" employees do not have a permanent corporate office workplace and, instead, work from a physical location of their choice, which must be identified to the Company. U.S. employees may live in any of the 50 United States, with limited exceptions.

In California, Colorado, Connecticut, Hawaii, Nevada, New York and Washington the standard base pay range for this role is $22.15 - $33.20 Hourly. This base pay range is specific to California, Colorado, Connecticut, Hawaii, Nevada, New York and Washington and may not be applicable to other locations.

In addition to a competitive base salary this position is also eligible for equity awards based on factors such as experience, performance and location. Actual amounts will vary depending on experience, performance and location.

Who you are

• BA/BS with a concentration in Finance, Accounting, Economics, or 3-5 years equivalent work experience
• Strong analytical skills and attention to detail
• Excellent communication and presentation skills
• Ability to work effectively in a team environment to improve results
• Highly proficient in MS Office applications
• Ability to multi-task and excel in a fast-paced, constantly evolving and data driven organization

Get to know us

Zillow is reimagining real estate to make home a reality for more and more people.

As the most-visited real estate website in the United States, Zillow® and its affiliates help movers find and win their home through digital solutions, first class partners, and easier buying, selling, financing and renting experiences. Millions of people visit Zillow Group sites every month to start their home search, and now they can rely on Zillow to help make it easier to move. The work we do helps people get home and no matter what job you're in, you will play a critical role in making home a reality for more and more people.

Our efforts to streamline the real estate transaction are supported by a deep-rooted culture of innovation, our passion to redefine the employee experience, a fundamental commitment to Equity and Belonging, and world-class benefits. These benefits include comprehensive medical, dental, vision, life, and disability coverages as well as parental leave, family benefits, retirement contributions, and paid time off. We're also setting the standard for work experiences of the future, where our employees are supported in doing their best work and living a flexible, well-balanced life. But don't just take our word for it. Read recent reviews on Glassdoor and recent recognition from multiple organizations, including: the 100 Best Companies to Work For, Glassdoor Employees' Choice Award, Bloomberg Gender-Equality Index, Human Rights Campaign (HRC) Corporate Equity Index, and TIME 100 Most Influential Companies list.

Zillow Group is an equal opportunity employer committed to fostering an inclusive, innovative environment with the best employees. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please contact us at [email protected].

Applicants who receive job offers from Zillow Group will be asked to sign a Proprietary Rights Agreement which includes confidentiality, intellectual property assignment, customer and employee non-solicitation, and non-competition provisions. If you are contacted for a role at Zillow Group and wish to review a copy of the Proprietary Rights Agreement prior to receiving an offer, you may request a copy from your Recruiter.