Non-Agency Underwriter

Bayview Asset Management•Denver, CO

1d•Remote

About The Position

Bayview Asset Management is an investment management firm founded in 1993 that focuses on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit-related assets. The Non-Agency Underwriter is a full-time role based remotely, with Denver, Colorado identified as the role's base location. The position requires extensive experience reviewing DSCR, jumbo, and bank statement loans. The underwriter manages a pipeline, works directly with sellers to resolve conditions, and collaborates with capital markets, credit policy, and underwriting teams to ensure loans are purchased in accordance with Bayview's origination and purchase policies and that credit decisions are consistent.

Requirements

Minimum six years’ experience in an underwriting or underwriting auditor role.
Extensive experience reviewing DSCR, jumbo, and bank statement loans.
Extensive knowledge of mortgage banking practices, procedures, and laws.
Strong understanding of operational responsibilities involved in the purchase and sale or securitization of whole-loan assets as they pertain to credit quality.
Comfort negotiating complex issues and solving problems.
Working knowledge of Word, Excel, and PowerPoint.
Effective verbal and written communication skills, including active listening and presenting findings and recommendations.
Ability to establish and maintain working relationships with coworkers, staff, and external contacts.
Ability to work effectively in a professional team environment.
Demonstrated proficiency using AI tools to improve efficiency, streamline workflows, support research and analysis, and enhance the quality and accuracy of work.

Responsibilities

Provide eligibility support to a network of correspondent sellers.
Approve exceptions as authorized.
Foster strong relationships with sellers’ underwriting and post-closing teams.
Work with sellers to clear due diligence conditions.
Ensure loan documents are accurate, complete, and sufficient to clear all conditions for final loan approval.
Review and evaluate loan files for risk issues and potential fraud or misrepresentation.
Analyze appraisals for valuation accuracy.
Manage a loan pipeline and work directly with sellers to resolve conditions.
Work with capital markets and credit policy teams to ensure loans are purchased in accordance with Bayview’s origination and purchase policies.
Work with the underwriting team to ensure consistency among credit decisions.
Perform other assigned duties as necessary.