Non QM Underwriting Manager
About The Position
Non-QM Underwriting Manager Position Overview : 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. Essential Functions of the Role : 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. Classification: Full Time, Exempt
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.
Benefits
- Medical, dental, and vision insurance
- Short-term and long-term disability
- 401(k) and Roth 401(k) plans and Company match
- Company-provided life insurance
- 8 paid holidays
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
High school or GED
Number of Employees
1-10 employees
