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Mortgage Risk Manager Jobs in Kansas (NOW HIRING)

Position Summary The Back-office Mortgage Loan Services Manager is responsible for management of ... risk mitigation and compliance. The Manager effectively oversees direct leaders and indirect ...

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 ...

... mortgage lending, regulatory compliance, litigation management, corporate governance, strategic transactions, and enterprise risk exposure. The General Counsel plays a critical role in protecting the ...

... mortgage lending, regulatory compliance, litigation management, corporate governance, strategic transactions, and enterprise risk exposure. The General Counsel plays a critical role in protecting the ...

... mortgage lending, regulatory compliance, litigation management, corporate governance, strategic transactions, and enterprise risk exposure. The General Counsel plays a critical role in protecting the ...

JOB BRIEF (PURPOSE) As a Closer within the Commercial Mortgage Group, you will manage the end-to ... TRAINING REQUIRED • Complete all required KeyBank compliance, operational, and risk training ...

JOB BRIEF (PURPOSE) As a Closer within the Commercial Mortgage Group, you will manage the end-to ... TRAINING REQUIRED Complete all required KeyBank compliance, operational, and risk training within ...

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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 Kansas? For Mortgage Risk Manager jobs in Kansas, the most frequently searched job titles are:
What cities in Kansas are hiring for Mortgage Risk Manager jobs? Cities in Kansas with the most Mortgage Risk Manager job openings:

Mortgage Loan Services Manager

Busey

Leawood, KS • On-site

$75K - $115K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


Job description

Position Summary

The Back-office Mortgage Loan Services Manager is responsible for management of the Mortgage support division of Enterprise Loan Services. This role is responsible for the implementation and annual review of departmental procedures to ensure compliance with applicable laws and regulations in a client service-oriented manner. The position provides oversight over performance metrics to ensure accurate completion of Investor loan processing, customer transaction processing, financial reporting, risk mitigation and compliance. The Manager effectively oversees direct leaders and indirect reports within the Mortgage team to achieve high quality service in line with Busey's standards.Duties & Responsibilities
  • Develop, document and maintain procedures related to Investor loan processing and mortgage loan servicing
  • Maintain strong working knowledge of existing laws and regulations by incorporating adequate controls within processing activities to mitigate audit and regulatory findings
  • Effectively manage direct and indirect reports ensuring timely completion of performance reviews, provide mentoring and coaching to enhance the performance and development of associates.
  • Develop and maintain strong working relationships with Mortgage and Retail lending lines of business. Coordinate actions to create positive outcomes that support growth, efficient processing, and positive customer service experiences.
  • Develop and monitor key performance metrics to measure service performance of functions and aid in analysis of staffing needs within the team.
  • Develop and implement corrective action to improve performance of associates that are not meeting established minimal acceptable performance standards.
  • Maintain extensive knowledge of industry trends with a proactive approach to incorporating changes into processes, procedures, and technology with a focus on improving process efficiency and straight through processing.
  • Participate in activities related to bank and system integrations ensuring minimal disruptions to customer service and ensuring accuracy of data throughout the process.
  • Maintain knowledge of accounting requirements related to financial reporting for mortgage loans. Ensure accurate reporting of financial data and timely and accurate clearing of reconciling items.
Education & Experience
  • Knowledge of:
    • Strong oral and written communication skills with a high level of collaboration amongst peers.
    • Extensive knowledge of Corporate policies and procedures: CIP, Red Flag, FCRA, Reg Z, RESPA, USA PATRIOT ACT, etc.
  • Ability to:
    • Demonstrate solid project and time management skills.
    • Develop new procedures and approaches to solve problems.
    • Multi-task and work independently in a fast paced, growing company
    • Make independent decisions for which there are not always precedents.
    • Establish and maintain collaborative partnerships at all levels throughout the organization.
  • Education and Training:
    • Minimum of 6 years related experience in the financial services industry, specializing in Loan Operations
    • Requires a minimum of 5 years leadership experience.

Compensation and Benefits

Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $75,000 - $115,000year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being-now and in the years to come-are important to us. Busey's Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity

Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.

Unsolicited Resumes

Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.