Description CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM ... Develop and implement a comprehensive risk management framework across credit, operational, and ...
Description CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM ... Develop and implement a comprehensive risk management framework across credit, operational, and ...
VP of Risk (Mortgage Lending, Non-QM)
Chatsworth, CA · On-site
$180K - $210K/yr
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're ... Develop and implement a comprehensive risk management framework across credit, operational, and ...
VP of Risk (Mortgage Lending, Non-QM)
Chatsworth, CA · On-site
$180K - $210K/yr
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're ... Develop and implement a comprehensive risk management framework across credit, operational, and ...
VP, Credit Risk
San Diego, CA · On-site
$177K - $242K/yr
As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
VP, Credit Risk
San Diego, CA · On-site
$177K - $242K/yr
As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
VP, Credit Risk
San Diego, CA · On-site +1
$177K - $242K/yr
Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
VP, Credit Risk
San Diego, CA · On-site +1
$177K - $242K/yr
Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
Policy & Procedure Manager (Mortgage Lending)
Chatsworth, CA · On-site
$80K - $115K/yr
This position partners closely with Compliance, Operations, Risk, Quality Control, Information ... risk management, and quality assurance principles. Why Join CAKE Mortgage? * Be part of a fast ...
Policy & Procedure Manager (Mortgage Lending)
Chatsworth, CA · On-site
$80K - $115K/yr
This position partners closely with Compliance, Operations, Risk, Quality Control, Information ... risk management, and quality assurance principles. Why Join CAKE Mortgage? * Be part of a fast ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Quick apply
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
This position partners closely with Compliance, Operations, Risk, Quality Control, Information ... risk management, and quality assurance principles. Why Join CAKE Mortgage? * Be part of a fast ...
This position partners closely with Compliance, Operations, Risk, Quality Control, Information ... risk management, and quality assurance principles. Why Join CAKE Mortgage? * Be part of a fast ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Quick apply
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Quick apply
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Quick apply
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Quick apply
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
Quick apply
Mortgage Underwriter
North Hollywood, CA · On-site
About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... risk management. We are looking for a skilled Hard Money Underwriter who understands private ...
VP, Credit Risk
San Diego, CA · On-site
$177K - $242K/yr
Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
VP, Credit Risk
San Diego, CA · On-site
$177K - $242K/yr
Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
VP, Credit Risk
San Diego, CA · On-site
$177K - $242K/yr
Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
VP, Credit Risk
San Diego, CA · On-site
$177K - $242K/yr
Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The primary responsibilities are managing the company's underwriting guidelines, credit risk ...
Mortgage Compliance Manager
Brea, CA · On-site
$120K - $150K/yr
Prepare reports and recommendations to support risk management initiatives. Required Qualifications ... Conventional Mortgage Lending Government Mortgage Programs Non-Agency Mortgage Products Federal and ...
Quick apply
Mortgage Compliance Manager
Brea, CA · On-site
$120K - $150K/yr
Prepare reports and recommendations to support risk management initiatives. Required Qualifications ... Conventional Mortgage Lending Government Mortgage Programs Non-Agency Mortgage Products Federal and ...
AVP, Market Risk
Westlake Village, CA · On-site
$100K - $123K/yr
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...
AVP, Market Risk
Westlake Village, CA · On-site
$100K - $123K/yr
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...
AVP, Market Risk
Westlake Village, CA · On-site
$100K - $123K/yr
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...
AVP, Market Risk
Westlake Village, CA · On-site
$100K - $123K/yr
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...
AVP, Market Risk
Westlake Village, CA · On-site
$100K - $123K/yr
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...
AVP, Market Risk
Westlake Village, CA · On-site
$100K - $123K/yr
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...
Mortgage Risk Manager information
What are the key skills and qualifications needed to thrive as a mortgage risk manager?
To thrive as a Mortgage Risk Manager, you need a solid background in finance, risk assessment, and regulatory compliance, often supported by a degree in finance or a related field. Familiarity with risk modeling software, loan origination systems, and certifications such as FRM or CFA are commonly required. Analytical thinking, attention to detail, and strong communication help you excel at evaluating loan portfolios and collaborating with cross-functional teams. These skills ensure prudent risk management, regulatory adherence, and the financial stability of mortgage lending operations.
What are some common challenges faced by mortgage risk managers, and how can they be addressed?
Mortgage Risk Managers often encounter challenges such as assessing the creditworthiness of borrowers in a fluctuating market, keeping up with evolving regulatory requirements, and mitigating risks associated with loan defaults. To address these, professionals need to stay updated on industry regulations, leverage advanced data analytics tools, and work closely with underwriting and compliance teams. Proactive communication and ongoing training are also essential to navigate changes and ensure robust risk management practices.
What is the difference between Mortgage Risk Manager vs Mortgage Underwriter?
| Aspect | Mortgage Risk Manager | Mortgage Underwriter |
|---|---|---|
| Primary Role | Assess and manage overall mortgage risk, develop risk policies | Evaluate individual loan applications for approval |
| Required Credentials | Typically requires risk management certifications, finance or related degrees | Often requires mortgage licensing, underwriting certifications |
| Work Environment | Corporate offices, risk departments, financial institutions | Loan processing centers, banks, mortgage companies |
| Industry Usage | Used by lenders to mitigate risk at a strategic level | Used by lenders to approve or deny individual loans |
The Mortgage Risk Manager focuses on assessing and managing the overall risk profile of mortgage portfolios, developing policies to mitigate potential losses. In contrast, the Mortgage Underwriter evaluates individual loan applications to determine approval eligibility. While both roles require financial knowledge and relevant certifications, their scope and responsibilities differ significantly, with the Risk Manager working at a strategic level and the Underwriter at an operational level.
What does a mortgage risk manager do?
A Mortgage Risk Manager is responsible for identifying, assessing, and mitigating risks associated with mortgage lending within a financial institution. They analyze credit, market, and operational risks to ensure loans are compliant with regulations and company policies. Their role includes developing risk assessment models, monitoring loan portfolios, and implementing strategies to reduce potential losses. Additionally, they often collaborate with underwriters, compliance teams, and senior management to maintain the financial health of the mortgage business.
What are popular job titles related to Mortgage Risk Manager jobs in California? For Mortgage Risk Manager jobs in California, the most frequently searched job titles are:
What job categories do people searching Mortgage Risk Manager jobs in California look for? The top searched job categories for Mortgage Risk Manager jobs in California are:
What cities in California are hiring for Mortgage Risk Manager jobs? Cities in California with the most Mortgage Risk Manager job openings:
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Re-posted 28 days ago
Job description
Description
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.
The Vice President of Risk is responsible for overseeing the organization's enterprise risk management framework within the business. This role encompasses credit risk, operational risk, compliance risk, and overall risk strategy to ensure the company operates within its defined risk appetite while supporting sustainable growth.
Key Responsibilities
- Develop and implement a comprehensive risk management framework across credit, operational, and compliance functions.
- Define and maintain the organization's risk appetite in alignment with business objectives.
- Partner with underwriting leadership to ensure sound credit decisioning and adherence to guidelines.
- Evaluate high-risk loan scenarios and provide risk-based recommendations.
- Identify, assess, and mitigate risks across loan origination, processing, underwriting, and servicing functions.
- Implement controls to minimize operational losses and inefficiencies.
- Ensure adherence to federal, state, and investor regulations (e.g., Agency, Non-QM guidelines).
- Lead risk-related audits and regulatory examinations; address findings and implement corrective actions.
- Establish KPIs, KRIs, and dashboards to monitor risk exposure and performance.
- Provide regular reporting and insights to executive leadership and stakeholders.
- Analyze loan performance trends, delinquency rates, and default risks.
- Recommend strategies to mitigate losses and improve portfolio health.
- Work closely with Capital Markets, Secondary, Compliance, and Operations to balance risk with production goals.
- Support new product development by assessing risk implications.
- Strengthen internal controls and oversee quality control processes.
- Promote a culture of risk awareness and accountability across the organization.
- Mentor staff and drive continuous improvement in risk practices.
Requirements
- 10+ years of experience in mortgage lending, risk management, or related field.
- 5+ years of leadership experience in risk, credit, or compliance.
- Strong knowledge of mortgage operations, underwriting, and regulatory requirements.
- Experience with Agency, Non-QM, and/or portfolio lending products.
- Proven ability to develop and implement risk frameworks and controls.
- Strong analytical, strategic thinking, and decision-making skills.
- Experience with LOS systems (e.g., Encompass) and risk/analytics tools.
- Enterprise risk management experience (credit, operational, and compliance risk).
- Experience working with capital markets and secondary teams.
Why Join CAKE Mortgage?
- Be part of a fast-growing company changing the game in Non-QM.
- Competitive compensation and performance-based bonuses.
- Collaborative and entrepreneurial culture.
- Opportunities for career advancement and innovation.Â
Cake Mortgage does not tolerate discrimination of any type. Cake Mortgage offers equal employment opportunity to all qualified persons without regard to race, age, color, religion, sex/gender, gender identity, sexual orientation, marital status, medical condition, military or veteran status, national origin, ancestry, disability, or any other considerations made unlawful by Federal, State, or Local law. Cake Mortgage provides eligible and qualified employees with opportunities to advance. Cake Mortgage is an at will employer. Cake Mortgage is committed to providing employees with a work environment free of discrimination and harassment.