Vice President, Mortgage Finance

CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture.

A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down.

CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

Position Overview:

The Vice President, Mortgage Finance leads the full lifecycle of the trade process, while mitigating risk. This position will rely on a background in contract finance, collateral analysis, transaction management and due diligence, to ensure operational efficiency and effective relationship management. The Vice President, Mortgage Finance works with external trading counterparties as an integral member of the capital markets team to ensure deals close successfully, while enhancing and building policies and procedures for such activities. By working closely with internal teams such as production, analytics, servicing and legal counsel as well as external partners, this position plays a pivotal role in ensuring smooth execution of transactions while identifying opportunities for growth and operational improvement.

Job Responsibilities:

• Manage all aspects of the trade process, including due diligence, trade confirmation, funding memos, and collateral management.

• Oversee the preparation and review of funding tapes, exception reports, trust receipts, and Bailee letters to ensure compliance with transaction terms.

• Coordinate with counterparties, custodians, and legal teams to manage transaction logistics and resolve issues related to collateral delivery and documentation.

• Assist the trade desk with counterparty due diligence and loan collateral analysis to support strategic trading decisions.

• Collaborate with the trade desk to assess market trends.

• Collaborate with internal teams, including risk management and investor accounting, to align transaction strategy with broader execution goals.

• Maintain and enhance relationships with key counterparties, fostering a collaborative approach to joint ventures and deal flow.

• Ensure timely and accurate communication of trade progress, issues, and resolutions to senior leadership and stakeholders.

• Drive the continual improvement of operational efficiency.

• Assist with shaping the strategic direction of the transaction management team as the company expands its portfolio and trading operations.

Qualifications and Skills:

• Bachelor’s degree in finance, economics, or a related field.

• 5+ years of experience in residential whole loan trading, transaction management, or capital markets.

• Thorough knowledge of the residential mortgage market, whole loan transaction management, and collateral management processes.

• Experience with mortgage products, including MSR, Agency, Non-QM, Prime Jumbo, Seconds, RTL and other mortgage-related products.

• Experience with trade execution, loan funding, and managing post-trade diligence.

• Experience with transaction documentation, including MLPSA, PPTL, and Bailee letters.

• Experience with collateral analysis, including reviewing loan files and evaluating credit risk, property value, compliance risk and borrower characteristics.

• Exposure to pricing methodologies for mortgages, including understanding the impact of prepayment risk, credit risk, and market conditions on valuations.

• Excellent organizational, communication, collaboration and problem-solving skills.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position.