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Mortgage Risk Manager Jobs in Pennsylvania (NOW HIRING)

Mortgage Administration Reports To: Regional Mortgage Banking Manager Position Overview: This ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

Mortgage Specialists review correspondent lending loans accurately and efficiently to ensure they ... All employees have the responsibility and the accountability to serve as risk managers for their ...

Mortgage Processor

Pittsburgh, PA · On-site

$37K - $51K/yr

As a Mortgage Processor, you will join a team focused on providing personalized service, building ... All employees have the responsibility and the accountability to serve as risk managers for their ...

Mortgage Processor

Pittsburgh, PA · On-site

$37K - $51K/yr

As a Mortgage Processor, you will join a team focused on providing personalized service, building ... All employees have the responsibility and the accountability to serve as risk managers for their ...

Mortgage Processor

Pittsburgh, PA · On-site

$38K - $53K/yr

As a Mortgage Processor, you will join a team focused on providing personalized service, building ... All employees have the responsibility and the accountability to serve as risk managers for their ...

Plan, manage and evaluate the work of Mortgage Loan Officers and support staff, establish ... Oversee the execution of all risk management and compliance processes and procedures, ensure ...

Plan, manage and evaluate the work of Mortgage Loan Officers and support staff, establish ... Oversee the execution of all risk management and compliance processes and procedures, ensure ...

Plan, manage and evaluate the work of Mortgage Loan Officers and support staff, establish ... Oversee the execution of all risk management and compliance processes and procedures, ensure ...

Mortgage Banking Sales Assistant Business Unit: Mortgage Administration Reports To: Varies by ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

Mortgage Banking Consultant Business Unit: Mortgage Administration Reports to: Varies based on ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

Mortgage Banking Consultant Business Unit: Mortgage Administration Reports to: Varies based on ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

Mortgage Banking Consultant Business Unit: Mortgage Administration Reports to: Varies based on ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

Mortgage Banking Consultant Business Unit: Mortgage Administration Reports to: Varies based on ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

Mortgage Banking Consultant Business Unit: Mortgage Administration Reports to: Varies based on ... B. Corporation's risk management program. F.N.B. Corporation is committed to achieving superior ...

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Mortgage Risk Manager information

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 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 job categories do people searching Mortgage Risk Manager jobs in Pennsylvania look for?

The top searched job categories for Mortgage Risk Manager jobs in Pennsylvania are:

What cities in Pennsylvania are hiring for Mortgage Risk Manager jobs?

Cities in Pennsylvania with the most Mortgage Risk Manager job openings:

Area Mortgage Banking Manager

F.N.B. Corporation

Berwyn, PA • On-site

Full-time

Re-posted 21 days ago


Job description

Primary Office Location:
1205 Westlake Dr Suite 260. Berwyn, Pennsylvania. 19312.
Join our team. Make a difference - for us and for your future.
Position Title: Area Mortgage Banking Manager
Business Unit: Mortgage Administration
Reports To: Regional Mortgage Banking Manager
Position Overview:
This position is primarily responsible for residential mortgage sales activities on a market level including recruiting, coaching and supporting Mortgage Loan Originators and meeting or exceeding personal mortgage production goals. The incumbent is responsible for sales management duties including accountability for mortgage production goals and other key department objectives (cross-sell initiatives, customer satisfaction results, file quality) and is also responsible for the management and facilitation of key Bank partnerships in their respective markets.
Primary Responsibilities:
Recruits, trains and coaches a small team of Mortgage Loan Originators to drive external and internal mortgage production and meet or exceed established goals.
Originates loans from internal and external referral sources.
Develops relationships with Centers of Influence (COI) to drive personal production and support production for the team through sales activities and joint sales call efforts.
Executes key strategies to achieve production goals, support partnership initiatives and manages key sales activities that drive mortgage volume and production.
Supports and assists Mortgage Loan Originators with structuring loans, delivering quality files, adhering to industry and corporate guidelines and facilitating solid internal partnerships with the Operations team. Assists in managing the mortgage pipeline to help facilitate and support a great customer experience.
Participates in various sales and operational meetings as needed in their specific market and presents updates, market information, partnership success and other key information related to the mortgage channel.
Performs other related duties and projects as assigned.
All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation's risk management program.
F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.
Minimum Education:
High School or GED
Minimum Years Experience:
5
Special Skills:
Detail-oriented
Excellent communication skills, both written and verbal
Excellent organizational, analytical and interpersonal skills
Ability to use general office equipment
Ability to use a personal computer and job-related software
MS Word - Basic Level
MS Excel - Intermediate Level
MS PowerPoint - Basic Level
BA or BS preferred. Experience with mortgage originations and mortgage sales management.
Special Licenses and Certificates:
Nationwide Mortgage Licensing System and Registry Identifier preferred but will be required.
Physical Requirements:
N/A
Equal Employment Opportunity (EEO):
It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.
FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.