Credit Risk Data Analyst Jobs in California (NOW HIRING)

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.

Position Summary

The Vice President (VP) of Credit Risk is a key member of the senior leadership team, responsible for overseeing Guild's credit risk policy. The primary responsibilities are managing the company's underwriting guidelines, credit risk policies and loan eligibility parameters. The VP of Credit Risk ensures that the company's lending practices and policies are sound and compliant with Guild's risk objectives and Secondary Markets guidelines and eligibility. This role also ensures an appropriate balance is struck between credit risk and business opportunity. It also requires a deep understanding of credit risk principles and origination practices, strong communication and analytical skills and the ability to lead and develop a team.

Essential Functions

• Establishes and monitors Guild's underwriting guidelines and eligibility parameters.
• Continually evaluates that policies and guidelines are appropriate based upon evolving credit risk and industry trends.
• Recommends guideline and eligibility changes to the Risk Committee for formal evaluation and approval.
• Monitors and implements investor guidelines and eligibility updates.
• Proactively reaches out to investors to recommend / negotiate guidelines and eligibility parameters.
• Evaluates notifications of changing guidelines and eligibility parameters to:
• Determine whether further investor discussions are needed to better understand rational and impact.
• Negotiate different terms, if appropriate, to minimize impact to Guild.
• Consider modifying lending or investor relationship strategies to mitigate impact.
• Communicates all changes to underwriting guidelines and eligibility parameters to impacted business groups.
• Monitors delinquency rates, default rates, default severity and manufacturing quality; recommending actions to ensure Guild's underwriting guidelines and eligibility parameters are effectively managing credit risk.
• Identify emerging credit risks and recommend mitigation strategies.
• Review product mix and recommend adjustments to Product Strategy Team and/or Risk Committee as appropriate.
• Work with credit risk counterparts at the Agencies and key investors to discuss, educate and negotiate on loan level issues as well as requesting single loan waivers.
• Build relationships with industry peers to collaborate and share best practices.
• Liaise with external auditors, regulators, and rating agencies as required.
• Provide inputs to new mortgage products and lending programs.
• Stress test policies and portfolio against credit events to ensure credit policies mitigate risk.
• Effectively manage and develop the Credit Policy Team

Qualifications

• Bachelor's Degree directly related to the position or equivalent, required.
• Minimum 15 years' experience in mortgage underwriting-related role(s).
• Minimum ten years supervisory experience.
• Expert-level understanding of mortgage products and underwriting.
• Non-QM, GSE, HUD, VA, and USDA mortgage product knowledge.
• General knowledge of federal, state, and regulatory requirements/guidelines related to consumer mortgage lending and internal processes and controls.
• Familiarity with AllRegs online.
• Accurate, organized, and detail oriented.
• Passionate about delivering excellence in customer service within a team environment.
• Excellent verbal and written communication skills required.
• Highly organized and detail-oriented; ability to work in a fast-paced, metrics-driven environment required.
• Proficiency in Microsoft Office Suite, Word, Excel, Wiki, collaborative cloud-based programs, and third-party software applications required.
• Commitment to company values.
• Customer Service - Proactive attention to each person
• Integrity - Do and say what's right
• Respect - Treat others with dignity
• Collaboration - Listen and work together
• Learning - Seek knowledge and strive for improvement
• Excellence – Deliver the unexpected

Supervision

• Job Scope: Responsible for understanding the department/functional area objectives and goals and how own job contributes to achievement of these goals; may contribute insights and ideas on policies, processes, procedures, and efficiency; may recommend changes and enhancements based on analysis and evaluation of circumstances.
• Complexity: Problems are often complex and specialized and may involve unprecedented circumstances; resolution requires investigation, analysis and review of professional/organizational standards.
• Impact: Decisions and actions have an impact on the smooth operation and timeframes of the department, programs/projects; impact on the broader organization is generally indirect.
• Interaction/Supervision: Manages staffing plan for a division, including planning for needed additional hires and/or reductions in force; responsible for people management of division leaders, including staffing; sets performance standards, evaluates staff, accountable for staff development and training, etc. and strategic people management of other organizational leaders.

Requirements

Physical: Work is primarily sedentary; mobility in an office setting.

Manual Dexterity: Ability to operate standard office equipment and keyboards.

Audio/Visual: Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio, e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.

Environmental: Office environment – moderate noise, no substantial exposure to adverse environmental conditions.

Mental: Learn new tasks, remember processes, maintain focus, complete tasks independently, and make timely decisions in the context of a workflow. This role requires effective adaptation to workplace stressors, including customer service complaints, security responsibilities, and competing priorities. Must be able to adhere to process protocol. Must be able to apply established protocols in a timely manner.

Schedules: Work is primarily performed during the business week, Monday - Friday.Travel: 5% or less

Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.

Guild Mortgage Company is an Equal Opportunity Employer.

Targeted Salary Range: $177,000 - $242,000

Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location.