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 GSE-eligible Master Mortgage Servicing Rights (MSRs) along with non-GSE-eligible MSRs and business-purpose loans, providing critical asset pre-acquisition due diligence and vendor oversight.  Binomial, a remote-first company, has its corporate headquarters located in Salt Lake City, Utah, with employees located in many states, including South Carolina, Maryland, Texas, Oklahoma, Utah and California.


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, Collateral Management and supporting Securitizations.  The Associate’s role will support each of these functions under the guidance of the EVP 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:
    • Collateral File Analysis including reporting, working with custodians, sellers, and servicers, clearing exceptions and preparing the collateral for pledging, sales and securitizations
    • Support due diligence managers with loan level reviews of credit underwriting reviews, data integrity, and valuation reviews
    • Identify populations for pledging to warehouse lines and coordinating with warehouse lenders and custodian for final populations
    • Support the Securitization process: review and tie out of Offering Memo/Term Sheets, finalize populations, Data integrity, coordination with due diligence vendors
    • Complete trade Settlement process for acquisitions

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 3 years, preferred minimum 5
      • 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


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

Our company is proud to be an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. Our employment decisions are based on individual qualifications, job requirements and business needs without regard to race, color, marital status, sex, sexual orientation, gender identity and/or expression, age, religion, disability, citizenship status, national origin, pregnancy, veteran status and/or any other legally protected characteristics. We are committed to providing reasonable accommodations, if you need an accommodation to complete the application process, please email




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