ZipRecruiter

Log In

1

Mortgage Risk Manager Jobs in Delaware (NOW HIRING)

PNC Bank

Business Banking Specialist

Wilmington, DE

... Mortgage. Identifies the resource or team of resources best equipped to meet client needs and ... Manages risk through adherence to all policies and procedures, demonstrating sound judgment within ...

WSFS Bank

Paralegal - Corporate Trust

Wilmington, DE · On-site

$77K - $127K/yr

We are the region's locally headquartered bank and wealth management company. We are honored to ... The position requires experience in legal matters relating to mortgage type assets. This includes ...

previous pagenext page

Showing results 21-40

All JobsMortgage Risk JobsMortgage Risk Manager JobsMortgage Risk Manager Jobs in Delaware

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?

AspectMortgage Risk ManagerMortgage Underwriter
Primary RoleAssess and manage overall mortgage risk, develop risk policiesEvaluate individual loan applications for approval
Required CredentialsTypically requires risk management certifications, finance or related degreesOften requires mortgage licensing, underwriting certifications
Work EnvironmentCorporate offices, risk departments, financial institutionsLoan processing centers, banks, mortgage companies
Industry UsageUsed by lenders to mitigate risk at a strategic levelUsed 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 Delaware? For Mortgage Risk Manager jobs in Delaware, the most frequently searched job titles are:
What job categories do people searching Mortgage Risk Manager jobs in Delaware look for? The top searched job categories for Mortgage Risk Manager jobs in Delaware are:
What cities in Delaware are hiring for Mortgage Risk Manager jobs? Cities in Delaware with the most Mortgage Risk Manager job openings:
Mortgage Risk Manager jobs near you

Banking Services Operations Associate IV - Retail Servicing Escalations

M&T Bank

Millsboro, DE • On-site

$20.55 - $34.25/hr

Full-time

Posted 18 days ago

M&T Bank rating

7.8

Company rating: 7.8 out of 10

Based on 185 frontline employees who took The Breakroom Quiz

89th of 170 rated banks

Job description

Overview:
Responds to non-regulatory complaints from various channels including written and email correspondence for mortgage servicing, originations and consumer lending products on behalf of M&T Bank or investors. Responds to inquiries of a more complex nature that have escalated out of the contact center for resolution. Fully resolves the complaints and inquiries by discussing resolution via the phone or creating unique written communications to ensure full satisfaction within set service levels.
Primary Responsibilities:
  • Investigate and resolve problem situations and complaints with accurate information, utilizing judgement, operational and technical knowledge.
  • Research and identify root cause problem causation and work with various levels of leadership to establish a process to mitigate future occurrences.
  • Exercise decision making based on extensive product, systems policy and operational knowledge leveraging resources only when needed.
  • Complete all activities in a manner compliant with applicable laws and regulations, such as RESPA (Real Estate Settlement Procedures Act), FDCPA (Fair Debt Collection Practices Act) and other applicable mortgage and consumer lending servicing regulations.
  • Create written communications to customers.
  • Complete quality control of offshore vendors who are processing work on behalf of the Bank.
  • Maintain proficiency in use of multiple pertinent systems and knowledge of Mortgage and Consumer Lending business and product lines.
  • Review and draft related procedures as requested.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Identify risk-related issues needing escalation to management.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned

Scope of Responsibilities:
The position works under minimal supervision and adheres to metrics and service level agreements.
Education and Experience Required:
Associate's degree and a minimum of 1 year customer service experience, or in lieu of a degree, a combined minimum of 3 years' higher education and/or customer service experience, including a minimum of 3 years' customer service experience
Proven customer service experience
Proficiency with personal computers as well as pertinent spreadsheet and word processing software
Strong verbal and written communication skills
Strong problem-solving skills
Education and Experience Preferred:
Bachelor's degree
Mortgage Servicing experience
Knowledge of RESPA requirements
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Millsboro, Delaware, United States of America

What M&T Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply