[Remote] Transaction Manager at Selina Finance

Opole, Opole Voivodeship, Poland

Selina Finance Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Mortgage, Real EstateIndustries

Requirements

Candidates must have a minimum of 8 years of experience in residential mortgage, with a preference for experience in due diligence services. A detailed understanding of credit, compliance, valuation, and fraud risk related to residential mortgage loans is essential. The role requires analytic creativity, negotiation, and problem-solving skills, along with good knowledge of various loan products including Non QM, Business Purpose Loans, Second Lien, and Equity products, as well as Seasoned Loan compliance reviews. The ability to efficiently and accurately research complex documents, provide concise results, understand client profiles and risk appetites, and manage client relationships effectively are also required. In-depth knowledge of transaction components indicating potential fraud, self-motivation, creativity, and the ability to work both independently and collaboratively are necessary.

Responsibilities

The Transaction Manager will be responsible for managing the production and delivery of services, overseeing the Loan Review Quality Control team, and reporting findings to clients and management. This includes reviewing client scope and guidelines, communicating requirements to the team, managing Quality Control analysts, ensuring production goals and SLAs are met, and communicating with internal departments for coordination and business needs. The manager will also need to understand and articulate system and operations processes, identify trends or inconsistencies, evaluate inquiry problems, and implement action steps for resolution. Ensuring regulatory and compliance policies are followed, setting team goals, defining performance plans, measuring progress, providing feedback and coaching, and engaging with senior management to align team objectives are key duties. The role also involves maintaining management reporting, tracking and reporting results against metrics, driving improvements in client experience, and fostering a culture that encourages timely escalation and resolution of issues.

Skills

Loan Review
Quality Control
Due Diligence
Operations Management
Regulatory Compliance
Team Management
Client Communication
Problem-Solving
Performance Management

Selina Finance

Flexible home equity lending solutions

About Selina Finance

Selina Finance offers flexible lending solutions for homeowners in the UK, focusing on home equity lending. Their main products include a Home Equity Line of Credit (HELOC), which allows borrowers to access funds against their property equity and only pay interest on the amount used, and a Homeowner Loan, which provides a fixed sum upfront. Unlike other lenders, Selina Finance's HELOC offers unique flexibility in borrowing amounts over the first five years. The company's goal is to help homeowners finance large purchases by leveraging the equity in their homes at competitive interest rates.

London, United KingdomHeadquarters
2019Year Founded
$50.4MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Risks

Rising UK interest rates could make Selina's loans less attractive to borrowers.
Increased competition from fintechs may erode Selina's market share.
Potential UK regulatory changes could increase compliance costs for Selina Finance.

Differentiation

Selina Finance offers the UK's first Home Equity Line of Credit (HELOC).
Their HELOC product provides flexible borrowing against home equity, unique in the UK market.
Selina Finance combines real estate, finance, and technology for next-generation lending solutions.

Upsides

Partnership with Legal & General expands access to a large network of mortgage advisers.
Recent $150M Series B funding boosts Selina's capacity for growth and product development.
Increased demand for flexible financial products aligns with Selina's offerings.

Land your dream remote job 3x faster with AI