Risk Management Specialist

Fairway Independent Mortgage Corporation • TX - Remote, TX

3d • Remote

About The Position

As a Risk Management Specialist, you will protect the business by managing risk operations, handling audits, and navigating complex loan reviews. Working closely with branch personnel, borrowers, corporate partners, and external vendors, you will play a critical role in resolving investor and agency inquiries while safeguarding our financial position.

Requirements

• 4+ years of hands-on experience in mortgage underwriting and quality control.
• In-depth understanding of mortgage lending operations, procedures, and regulatory frameworks.
• Comprehensive knowledge of conventional, FHA, USDA, and VA loan programs, as well as current investor guidelines.
• Demonstrated history of analyzing complex data, applying critical thinking, and making sound business decisions.
• Proven background in research, problem-solving, and managing professional relationships across internal and external teams.
• Strong multitasking skills with the ability to meet tight deadlines in a fast-paced environment.

Responsibilities

• Manage and resolve investor and agency audit appeals, including Early Payment Default (EPD) audits, post-purchase reviews, indemnification requests, make-whole demands, and repurchases.
• Handle self-reporting obligations to investors, agencies, and servicers.
• Analyze complex loan defects and determine the appropriate corrective actions.
• Keep the Risk Position Database accurate, updated, and properly reserved.
• Collaborate with the Vice President of Risk Management and the Legal Department on regulatory compliance audits, investigations, and litigation support alongside outside counsel.
• Partner with the Suspense Clearing and Shipping/Collateral departments to resolve pre- and post-purchase issues.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed