Remote Manager of Underwriting

Summary

Join JMAC Lending as Manager of Underwriting and lead our Non-Agency products team, crafting underwriting policies, managing risks, and ensuring compliance. This is a Full-Time/Remote Opportunity with competitive pay ranging from $120,000 - $160,000 annually.

Requirements

• Over 5 years of experience leading teams of residential mortgage underwriters
• More than 3 years of expertise in credit analysis and approving Non-Agency, Jumbo, and Non-QM products
• Outstanding written and verbal communication abilities
• Proven leadership prowess with a knack for nurturing and developing teams
• Meticulous attention to detail and a steadfast dedication to achieving exceptional outcomes
• Driven and optimistic, with a self-motivated attitude
• Able to excel under pressure while managing diverse responsibilities
• Adaptable and open to new ideas and innovative approaches

Responsibilities

• Lead, mentor, and motivate our Non-Conforming and Non-QM underwriting team, fostering a high-performance culture
• Ensure team workload is effectively managed and turn times are met
• Set productivity and quality expectations for underwriters, minimizing the need for overtime
• Coach underwriters to ensure adherence to program guidelines and regulations
• Recruit and onboard top-performing underwriters
• Second sign and underwrite loans when necessary
• Implement strategies to address performance gaps and improve efficiency
• Identify and pursue new business opportunities to expand our Non-Agency products
• Address post-closing issues and closely monitor portfolio performance. Recommend guideline modifications to adapt to market trends while maintaining credit quality
• Provide comprehensive product training to our sales teams and customers
• Increase underwriting productivity by managing touches, challenging brokers, and streamlining workflow
• Evaluate the structure of the underwriting department and plan for continuous improvement in efficiency and effectiveness
• Collaborate with other departments to enhance existing processes for greater efficiency and control
• Communicate effectively with the sales team to resolve issues related to efficiency, accuracy, or workflow
• Provide training and support to internal staff on existing and new products
• Regularly update on underwriting performance and initiatives

Benefits

• Comprehensive Health Care Coverage including Medical, Dental, and Vision benefits
• Life Insurance options for both Basic coverage and Voluntary coverage, with Accidental Death & Dismemberment (AD&D)
• Generous Paid Time Off, including Vacation days and Holidays
• Secure Retirement Plan with a 401k option
• Support in case of Short Term or Long Term Disability
• Family Leave to prioritize your loved ones
• Access to Wellness Resources for a healthy work-life balance