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Mortgage Risk Manager Jobs in Indiana (NOW HIRING)

Mortgage Lending Professional

Indianapolis, IN ยท On-site

$90K - $140K/yr

Managing loan pipelines and meeting funding deadlines * Identifying and mitigating lending risk Qualifications * Bachelor's degree preferred * Mortgage banking, consumer lending, or financial ...

Managing loan pipelines and meeting funding deadlines * Identifying and mitigating lending risk Qualifications * Bachelor's degree preferred * Mortgage banking, consumer lending, or financial ...

... the Bank's risk appetite, achieves results by consistently identifying, assessing, managing ... Maintain knowledge of Fifth Third Mortgage Company's policies and procedures, available loan ...

... the Bank's risk appetite, achieves results by consistently identifying, assessing, managing ... Maintain knowledge of Fifth Third Mortgage Company's policies and procedures, available loan ...

Managing Risk - Assessing and effectively managing all of the risks associated with their business ... Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling. Work ...

... the Bank's risk appetite, achieves results by consistently identifying, assessing, managing ... Minimum one-year customer service, mortgage processing or loan originations experience. * Broad ...

... the Bank's risk appetite, achieves results by consistently identifying, assessing, managing ... Maintain knowledge of Fifth Third Mortgage Company's policies and procedures. * Maintain knowledge ...

... the Bank's risk appetite, achieves results by consistently identifying, assessing, managing ... Maintain knowledge of Fifth Third Mortgage Company's policies and procedures. * Maintain knowledge ...

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Mortgage Risk Manager information

What are the key skills and qualifications needed to thrive as a Mortgage Risk Manager, and why are they important?

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 cities in Indiana are hiring for Mortgage Risk Manager jobs? Cities in Indiana with the most Mortgage Risk Manager job openings:
Mortgage Relationship Officer (Title Commensurate with Experience) - IN

Mortgage Relationship Officer (Title Commensurate with Experience) - IN

Bankers' Bank

Carmel, IN โ€ข On-site

Full-time

Posted 11 days ago


Job description

Bankers' Bank is a fast-growing, state-chartered financial institution with over $1.5 billion in assets dedicated to supporting community banks for more than 40 years. We deliver a full suite of correspondent banking and financial solutions, including leasing, commercial lending, bank holding company financing, payments, mortgage, investment and risk management services. Bankers' Bank has offices in Madison, WI, Des Moines, IA, Chicago, IL, Columbus, OH and Indianapolis, IN.

We are seeking a customer-focused Mortgage Relationship Officer (Title Commensurate with Experience) to provide exceptional knowledge and service to our expanding market. This role reports to, and collaborates with, the Senior Vice President/Mortgage to identify potential opportunities and is the primary resource and liaison for our Correspondent Bankers. This position also facilitates customer training and onboarding to our product/service suite. This position will be located within the Eastern portion of our region, serving Ohio, Michigan, and Indiana.

Responsibilities Include:

Sales/Relationship Management (80%):

  • Primary mortgage resource/liaison for Correspondent Bankers
  • Coordinates and facilitates sales presentations via WebEx or onsite and assists with technical and operational inquires
  • On-boards new customers
  • Participates in researching and identifying potential mortgage opportunities

Customer Service (15%):

  • Conducts proactive check-in calls with current customers and resolves customer inquiries
  • Works with mortgage processing, underwriting, servicing teams and mortgage team managers
  • Subject matter expert for Encompass questions and issues

Administrative (5%):

  • Collaborates with Mortgage department to develop and update training materials
  • Creates and implements customized BB Connect websites for approved customers

Ideal candidate will possess a bachelor's degree in banking, accounting, business, or related field, along with five or more years of residential mortgage experience, or an equivalent combination of education and experience to perform the position functions. Working knowledge of mortgage loan origination systems (Encompass preferred) and working knowledge of mortgage compliance.