Non-QM Underwriting Manager

Benchmark Mortgage • Plano, TX

1d

About The Position

The Non-QM Underwriting Manager is responsible for leading, developing, and scaling a high-performing non-QM underwriting team and being the subject matter expert for non-QM loan programs, balancing loan production goals with sound credit risk management, investor requirements, and regulatory compliance. Ideal candidates for this position have expert knowledge in non-QM loan programs, guidelines, and investor requirements, proven ability to oversee a high-volume underwriting pipeline, and have proven experience leading and developing teams.

Requirements

• Expert knowledge in non-QM loan programs, guidelines, and investor requirements
• Proven underwriting pipeline management skills
• Proven experience leading and developing teams
• Expert knowledge of income analysis, including self-employed borrowers, tas returns, P&Ls and K-1s
• Demonstrated ability to analyze workflows and implement improvements in standard operating procedures
• Comprehensive knowledge of mortgage regulations, including HMBDA, Reg Z, Reg B, and FNMA guidelines
• Strong communication skills
• Ability to work across organizational boundaries
• Highly detail-oriented
• Strong decision-making skills
• Advanced problem-solving capabilities
• Strong critical thinking skills
• Proven ability to prioritize and multi-task
• Minimum of five (5) years of progressive levels of mortgage underwriting experience required, with a minimum of two (2) years of non-QM underwriting experience.
• Prior underwriting management experience required.
• High school diploma or equivalent required.

Nice To Haves

• Encompass and Desktop Underwriter experience preferred.
• Some college preferred.

Responsibilities

• Manage, coach and train a team of underwriters to ensure quality, compliance and service-level standards are met.
• Oversee the non-QM underwriting pipeline to ensure loans are reviewed, approved, and cleared-to-close within established turn times.
• Serve as escalation point for difficult files, guideline interpretation, and exception requests.
• Track productivity, quality, suspense, and defect trends with reporting and loan-level reviews.
• Conduct periodic loan reviews to ensure adherence to internal credit standards, investor guidelines, and regulatory requirements.
• Ensure loans are underwritten to guidelines that are compliant with state and federal laws and regulations, including HMDA, Regulation Z, and Regulation B.
• Collaborate with Operations, Sales, and Secondary leadership to align on goals, capacity planning, and service-level expectations.
• Other duties as assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: High school or GED
• Number of Employees: 251-500 employees