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Mortgage Risk Manager Jobs in Pennsylvania (NOW HIRING)

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 Release Processor

Hermitage, PA ยท On-site

$36K - $50K/yr

Corporation's risk management program. Compliance with all regulatory laws, internal policies, and established procedures is a required component of this role. Minimum Years of Experience * 1 year of ...

Mortgage Release Processor

Hermitage, PA ยท On-site

$36K - $50K/yr

Corporation's risk management program. Compliance with all regulatory laws, internal policies, and established procedures is a required component of this role. Minimum Years of Experience * 1 year of ...

Mortgage Release Processor

Hermitage, PA ยท On-site

$36K - $50K/yr

Corporation's risk management program. Compliance with all regulatory laws, internal policies, and established procedures is a required component of this role. Minimum Years of Experience * 1 year of ...

Mortgage Release Processor

Hermitage, PA ยท On-site

$36K - $50K/yr

Corporation's risk management program. Compliance with all regulatory laws, internal policies, and established procedures is a required component of this role. Minimum Years of Experience * 1 year of ...

Showing results 21-40

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:

Mortgage Loan Sales

Fnbcorp

Greensburg, PA โ€ข On-site

Full-time

Re-posted 29 days ago


Job description

Primary Office Location:30 Isabella Street. Pittsburgh, Pennsylvania. 15212.Join our team. Make a difference - for us and for your future.

Position Title: Mortgage Banking Consultant

Business Unit: Mortgage Administration

Reports to: Varies based on assignment

Position Overview:

This position is primarily responsible for originating residential mortgage loans through internal and external referral sources. Responsible for building and maintaining strong internal and external referral relationships, counseling mortgage customers around solutions to their lending needs, providing excellent customer service, and supporting all key channel initiatives and sales activities. ( Cross Sell Initiatives, External Sales Activities, Customer Satisfaction Results, and Loan Quality.) Responsible for meeting or exceeding personal production and strategic activity goals.

Primary Responsibilities:

Builds relationships with internal and external referral sources through key sales strategies and activities to achieve expected performance goals.

Counsels customers on lending options and solutions to meet their needs.

Supports and facilitates key banking partnerships.

Provides excellent service and supports an outstanding customer mortgage experience. Effectively manages loan pipeline to meet key milestones such as delivering initial documentation, closing dates, rate expiration dates, pricing, and compliance related expectations.

Provides feedback to management on process efficiencies, relationship processing performance, and overall customer experience for relationship processing partner. Assists with recruiting and hiring of support team members as needed.

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 Level of Education Required to Perform the Primary Responsibilities of this Position:

High School or GED

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:

3

Skills Required to Perform the Primary Responsibilities of this Position:

Excellent customer service skills

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 - Basic Level

MS PowerPoint - Basic Level

BS or BA degree preferred.
Must possess a Nationwide Mortgage Licensing System and Registry identifier. Experience with Easylender, Uni-form and Genesis.

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:

N/A

Physical Requirements or Work Conditions Beyond Traditional Office Work:

N/A


Equal Employment Opportunity (EEO):

It is the policy of FNB not to discriminate against any employee or applicant for employment because of his or her race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or status as a protected veteran. FNB provides all applicants and employees a discrimination and harassment free workplace.