CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.
We are seeking a Capital Markets Transaction Specialist with 3+ years of experience, ideally with a finance or accounting background, to join our growing Capital Markets team. You will be a key player in managing loan settlements, financial modeling, and transaction workflows that ensure accuracy, efficiency, and regulatory compliance.
Key Responsibilities
Manage loan and commitment-level transactions to support loan settlements, pricing updates, extensions, cancellations, and renegotiations
Responsible for the day-to-day relationship with investors whose trades the Transaction Specialist is managing; establish timelines for due diligence review and settlement deliverables
Coordinate the execution of bailee letters and the shipment of collateral files to the investors’ custodians, while ensuring all necessary releases from interested parties are obtained
Monitor due diligence process to ensure timely follow up with internal & external business partners for resolution of data and collateral defects preventing the sale of the loans as well as ensure all data delivered to the investor is accurate and complete while all loans meet the trade parameters
Identify and confirm the final funding population with investors and facilitate the settlement process including the repricing of the trade, preparation of closing documentation, reviewing the funding schedule for accuracy, compiling mortgage loan schedule data, and communicating settlement funds to warehouse lenders and to the treasury department
Use Excel and SQL to extract, analyze, and report on loan and transaction data
Liaise with internal teams across Capital Markets, Finance, Operations, and Sales to ensure transaction accuracy and compliance with trade parameters
Identify and recommend improvements to processes, systems, and reporting to enhance efficiency and accuracy
Prepare detailed reports for management and stakeholders related to loan transactions, settlements, and market trends
Stay current on mortgage finance industry regulations, market conditions, and best practices impacting capital markets transactions
Demonstrate behaviors aligned with Cake’s core values of transparency, partnership, and innovation
Requirements
Bachelor’s degree in Finance, Economics, Business, or related field, or equivalent work experience
3+ years of relevant experience in mortgage finance, capital markets, or related financial services
Strong proficiency with Microsoft Excel, including advanced functions, pivot tables, and financial modeling
Working knowledge of SQL for database querying and data analysis
Experience building and maintaining financial models for loan cash flows, pricing, and trade settlements
Solid understanding of mortgage products, loan settlements, and secondary market transactions preferred
Analytical thinker with strong problem-solving skills and attention to detail
Excellent communication skills and ability to work cross-functionally in a fast-paced environment
Self-starter with ability to manage multiple priorities and meet deadlines
Why Join CAKE Mortgage?
Be part of a fast-growing company changing the game in Non-QM
Competitive compensation and performance-based bonuses
Collaborative and entrepreneurial culture
Opportunities for career advancement and innovation