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Mortgage Risk Manager Jobs in Delaware (NOW HIRING)

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 ...

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 ...

... risk management, trade execution, and investment guidelines compliance. The Delaware Investment ... mortgage-backed securities, etc. This is an individual contributor position reporting directly to ...

The role is responsible for portfolio construction, liquidity and risk management, trade execution ... mortgage-backed securities, etc. This is an individual contributor position reporting directly to ...

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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 cities in Delaware are hiring for Mortgage Risk Manager jobs? Cities in Delaware with the most Mortgage Risk Manager job openings:

Paralegal - Corporate Trust

WSFS Bank

Wilmington, DE • On-site

$77K - $127K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 20 days ago


WSFS Bank rating

8.7

Company rating: 8.7 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

23rd of 170 rated banks


Job description

Job Description

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service is more than part of our name, it's our mission and our purpose.

The Corporate Trust Paralegal will play a key role in supporting the Bank's Corporate Trust Department in the Wealth Division, with responsibility for managing, tracking, and responding to legal notices and communications received in connection with corporate trust accounts. The position requires experience in legal matters relating to mortgage type assets. This includes foreclosures actions, bankruptcy actions, and other notices tied to mortgage assets. The successful candidate will serve as a central point of coordination between internal counsel, operations, relationship management, and outside parties to ensure timely and accurate handling of notices, default communications, and related matters. The candidate should also be comfortable managing a small team and providing guidance and development of the staff.

Job Responsibilities:

  • Receive, log, and track all legal notices, default letters, and other formal communications delivered under trust agreements.
  • Analyze notices to determine required trustee actions, escalate to appropriate internal teams, and coordinate timely responses.
  • Maintain notice files and tracking systems to ensure compliance with deadlines, covenants, and regulatory expectations.
  • Prepare response packages, correspondence, and status summaries for management and regulatory review.
  • Coordinate with outside counsel as needed to ensure proper handling of complex default situations.
  • Partner with operations, compliance, and risk to ensure consistent procedures for logging and responding to notices.
  • Serve as liaison to external counsel, issuers, obligors, and bondholders regarding formal communications.
  • Assist in training trust administrators and junior staff on notice review, escalation, and documentation protocols.

Minimum Qualifications:

  • Bachelor's degree in finance, Business, or Legal Studies.
  • Paralegal Degree or Certificate preferred.
  • Minimum of 4-7 years' experience in related field preferably with a bank, mortgage originator, title company, or law firm setting.
  • Strong background in organizing and interpreting legal notices, defaults, and trustee obligations.
  • Exceptional organizational skills, attention to detail, and ability to manage multiple high-volume matters simultaneously.
  • Strong written and verbal communication skills, with ability to distill complex issues into clear internal summaries.

WSFS Bank will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from WSFS Bank now or in the future in order to retain their authorization to work in the United States.

Salary Range:

$77,390.00 - $127,139.75

Individual base pay may vary on additional factors such as the candidate's experience, job-related skills, relevant education, geographic location, and other specific business and organizational needs.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; a 401(k) plan; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); and wellness programs. Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. For more information about Associate benefits, please visit https://www.wsfsbank.com/about/careers/

WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at careers@wsfsbank.com.

WSFS is an equal opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.


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