Associate, Transaction Management

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Who We Are

Binomial Real Estate supports Blackstone’s residential mortgage portfolio business.  Binomial manages a portfolio of business-purpose loans and reperforming loans (RPL’s), providing critical asset due diligence and vendor oversight.  Binomial, a remote-first company, has its corporate headquarters located in New York, NY with employees located in each time zone. 

Why this role is valuable

The Transaction Management team’s primary responsibility is supporting the Blackstone residential mortgage business by managing the following components: Trade Booking/Settlements, Loan Level Due Diligence Reviews, and supporting Securitizations. The Associate’s role will support each of these functions under the guidance of the SVP of Transaction Management. This position will interact directly with the trading desk, internal business groups, and external vendors.   

How you add value

Specific responsibilities will include:

• Coordinate all aspects of due diligence for the acquisition, sale, and securitization of residential loan portfolios.
• Maintain accurate reporting of loan level exceptions and determine resolutions and potential cures.
• Manage relationships with loan sellers and diligence vendors to ensure due diligence meets agreed upon timelines.
• Support the Securitization process: finalize populations, data integrity, coordination with diligence vendors.

What You Bring To The Role

Binomial Real Estate seeks to hire individuals who are motivated, experienced in the subject matter area, and are detail oriented while working within hard deadlines mandated by regulation, and are self-sufficient in a remote work environment.  The successful candidate should have:

• Mortgage Industry Experience: Minimum 5 years, preferred minimum 7
• Bachelor’s degree
• Self-Sufficient and ability to work remote within a team environment
• Excel, SQL, Word
• Excellent oral and written communication skills
• Experience with vendor relationships

As of the date on which this job advertisement is posted, Binomial anticipates that the base salary range for this role is $80,000 - $100,000 (this represents the presently anticipated low and high end of the Company’s base salary range for this position). Total direct compensation may also include discretionary bonus and/or incentive compensation. Actual base salary range may vary based on various factors, including but not limited to location and experience. 

Perks for You

• Competitive salary, overall compensation and 401(k)

• Work-life balance offerings include: 

• Remote work policy 

• Weekly Summer Fridays

• Generous health insurance and wellness benefits 

EEO Statement

Revantage is an equal opportunity employer. In accordance with applicable law, we prohibit discrimination against any applicant, employee, or other covered person based on any legally recognized basis, including, but not limited to: veteran status, uniformed servicemember status, race, color, caste, immigration status, religion, religious creed (including religious dress and grooming practices), sex, gender, gender expression, gender identity, marital status, sexual orientation, pregnancy (including childbirth, lactation or related medical conditions), age, national origin or ancestry, citizenship, physical or mental disability, genetic information (including testing and characteristics), protected leave status, domestic violence victim status, or any other consideration protected by federal, state or local law. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email  [email protected]