Come join one of America's fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
NLG Capital, the investment management company of NLG, manages approximately $40+ billion in AUM. Our purpose is simple – to allow NLG to keep its promises. How we do this – an obsessive focus on delivering investment results. We drive results through a rigorous but collaborative investment process, and we hold ourselves to the highest of standards, both as investors and teammates. While our process is based on rigor, our culture is based on our guiding principles: Meritocracy, Uncompromising Transparency, Intellectual Honesty, Performance Driven Learning, Relentless Pursuit of Excellence. These principles serve as the foundation of our team. They govern the way we conduct ourselves, how we interact with teammates and how we approach every investment decision. We act with the integrity and humility required to make the investment decision that is right for the firm, and ultimately our policyholders. Our culture has been deliberately built to foster curiosity and provide opportunities to learn and grow, both as people and investors. The flat and collaborative nature of our team promotes an atmosphere where the best ideas are continually expressed and rewarded. Our pursuit of excellence is unwavering.
Please note that we do not offer visa sponsorship for this position.
National Life Capital Management is seeking a Transaction Manager, Residential Mortgage Whole Loans to support our expanding residential whole loan investment platform. In this role, you will manage the end-to-end transaction lifecycle, coordinating due diligence, closing, settlement, and post-close portfolio management activities across a diverse portfolio of residential mortgage investments. You will work closely with internal business partners, sellers, servicers, custodians, and third-party vendors to ensure transactions are executed accurately, efficiently, and in accordance with established processes.
The ideal candidate has deep experience in residential whole loan transaction management and is highly organized, analytical, and collaborative. You thrive in a fast-paced investment environment, enjoy managing multiple complex transactions simultaneously, and are committed to delivering exceptional results while building strong relationships across the organization.
This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.
- Manage the transaction process for residential whole loan acquisitions from due diligence through closing and post-settlement portfolio support.
- Coordinate settlement activities with Trade Support, Accounting, Technology, and external vendor partners.
- Track and manage collateral documentation and credit file requirements.
- Oversee third-party due diligence by establishing review scope, evaluating findings, resolving conditions, and identifying loans requiring exclusion or repricing.
- Manage Mortgage Loan Purchase Agreements (MLPAs) and related transaction documentation from execution through settlement.
- Coordinate servicing transfers, including loan data and document delivery between outgoing and incoming servicers.
- Monitor servicer performance against servicing agreements and portfolio expectations.
- Track Early Payment Defaults (EPD) and Early Payoffs (EPO), managing premium recapture and repurchase claims with sellers.
- Coordinate Know Your Counterparty (KYC) activities with the Trading team.
- Partner with Accounting, Trade Support, and other stakeholders to maintain accurate transaction records, valuations, and reporting.
- Support monthly portfolio and investor reporting.
- All other duties as assigned.
- Bachelor's degree or equivalent combination of education and experience.
- Seven (7) or more years of experience in transaction management within the residential mortgage industry.
- Experience managing residential whole loan acquisitions, transaction closings, and settlement processes.
- Working knowledge of MLPAs, bailee letters, custodial/trust receipts, servicing transfers, and EPD/EPO claims.
- Experience with loan-level due diligence, collateral management, and contract administration.
- Strong analytical and technical skills with the ability to manage large residential mortgage loan data sets.
- Demonstrated project management skills and ability to manage multiple concurrent transactions.
- Excellent written and verbal communication, organizational, and relationship management skills.
- Experience supporting institutional residential whole loan investment portfolios.
- Experience managing relationships with third-party vendors, servicers, custodians, and transaction counterparties.
- Knowledge of portfolio accounting, valuation processes, and investor reporting.
- Ability to thrive in a collaborative, fast-paced investment environment.
- Strong problem-solving skills with the ability to navigate ambiguity and drive projects to completion.
At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.
All applicants are expected to:
- Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
- Stay curious and open to new AI-enabled ways of working.
- Exercise sound judgment by reviewing and validating AI-generated content.
- Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
- Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.
- Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
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National Life Group
1 National Life Dr
Montpelier, VT 05604
