Transactions Counsel

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We're a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that's why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

POSITION SUMMARY

The Senior Counsel - Transactions will play a critical role in supporting servicing transactions by providing expert legal guidance and managing complex documentation. This position involves drafting, reviewing, and negotiating a wide range of servicing-related and securitization agreements, ensuring alignment with business objectives and regulatory requirements. The Senior Counsel - Transactions will collaborate closely with internal stakeholders and external counsel to facilitate timely and accurate execution of legal deliverables, mitigate risk, and stay ahead of evolving legal and regulatory landscapes. This role requires strong transactional experience, attention to detail, and the ability to manage multiple priorities in a fast-paced environment.

Duties and Responsibilities

• Draft, review and negotiate a variety of servicing related agreements including third-party client servicing agreements, securitization servicing agreements and ancillary documents such as servicer notices, joinders, and DACAs.
• Draft, review and negotiate securitization documents including pooling and servicing agreements, PPMs, indentures, and offering materials.
• Coordinate and manage deliverables related to servicing transactions, ensuring timely and accurate execution
• Collaborate with internal teams to align legal documentation with business objectives
• Advise internal stakeholders on legal and regulatory issues related to servicing transactions
• Partner with outside counsel as needed to align legal approaches with internal strategic objectives and acceptable risk levels
• Monitor legal and regulatory developments affecting servicing and securitization transactions
• Draft, review, and negotiate other agreements as needed including mortgage loan purchase agreements (MLPAs), non-disclosure agreements (NDAs), broker agreements and correspondent agreements.
• Performs related duties as assigned by management.

Qualifications and Education Requirements

• Juris Doctor Degree.
• Membership in good standing in state bar.
• 3-5 years of full-time legal practice with substantial experience in transactions/contract negotiations.
• Desired Mortgage servicing or capital markets transactions, in a law firm or in-house setting.

Skills, Abilities, and Knowledge

• Ability to achieve consensus among competing objectives and constituencies.
• Strong client service orientation.
• Excellent interpersonal communication and leadership skills, including the ability to influence others, foster teamwork and drive for results and change within a large and complex organization.
• Ability to analyze complex issues, develop creative solutions and provide sound, practical and reasoned legal advice to business client.
• Excellent verbal/written communication skills, excellent listening skills and teamwork skills.

Additional Information:

While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We're a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits :

We offer benefits, programs, and perks that support you in every aspect of your life.

• Medical, dental, and vision insurance

• Health Savings Account with employer contribution

• 401(k) Retirement plan with employer match

• Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

• Adoption Assistance

• Tuition & Certification reimbursement

• Employee Mortgage Loan Program

• The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you'll have opportunities to give back, lead, and make a difference.

• 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)

• Matching Gifts Program - dollar-for-dollar up to $1,000

• Access to grants, nonprofit resources, and volunteer opportunities

• More than $6,000,000 donated since 2020

• 1 in 5 employees participates in at least one Employee Resource Group (ERG)
  

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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