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Mortgage Risk Manager Jobs in Texas (NOW HIRING)

Mortgage Loan Processor

Houston, TX · On-site

$200K - $250K/yr

... mortgage, consumer, and specialty lending solutions. The organization emphasizes integrity ... Lead the bank's overall credit risk management strategy and framework. * Oversee credit ...

... mortgage services - and more. In the last twelve years, Acrisure has grown in revenue from $38 ... Aid in the management of insurance claims related to real estate assets. * Collaborate with ...

Program Manager (Mortgage) | About You As a Program Manager (Mortgage), you will lead complex ... Strong program and project management expertise, including planning, governance, risk management ...

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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 are popular job titles related to Mortgage Risk Manager jobs in Texas?

For Mortgage Risk Manager jobs in Texas, the most frequently searched job titles are:

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

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

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

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

Manager, Quality Control - Mortgage Risk Advisory

Bakertilly

Frisco, TX • On-site

Full-time

Posted 6 days ago


Baker Tilly rating

8.8

Company rating: 8.8 out of 10

Based on 34 frontline employees who took The Breakroom Quiz

5th of 23 rated bookkeepers and accountants


Job description

Overview

Baker Tilly is a leading advisory, tax and assurance firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world's leading financial centers - New York, London, San Francisco, Los Angeles, Chicago and Boston. Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) provide professional services through an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm that provides attest services to its clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and business advisory services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.

Baker Tilly Advisory Group, LP and Baker Tilly US, LLP, trading as Baker Tilly, are independent members of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 141 territories, with 43,000 professionals and a combined worldwide revenue of $5.2 billion. Visitbakertilly.comor join the conversation onLinkedIn,FacebookandInstagram.

Please discuss the work location status with your Baker Tilly talent acquisition professional to understand the requirements for an opportunity you are exploring.

Baker Tilly is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status, gender identity, sexual orientation, or any other legally protected basis, in accordance with applicable federal, state or local law.

Any unsolicited resumes submitted through our website or to Baker Tilly Advisory Group, LP, employee e-mail accounts are considered property of Baker Tilly Advisory Group, LP, and are not subject to payment of agency fees. In order to be an authorized recruitment agency ("search firm") for Baker Tilly Advisory Group, LP, there must be a formal written agreement in place and the agency must be invited, by Baker Tilly's Talent Attraction team, to submit candidates for review via our applicant tracking system.

Job Description:

Are you interested in joining one of the fastest growingconsulting and accounting firms in the country?

Would you like the ability to join a highly dynamic team focusedon providing exceptional client service in the areas of mortgage risk services?

If yes, consider joining Baker Tilly's Mortgage Risk Services team as a Quality Control Manager!

As one of the fastest growing firms in the nation, BT has the ability to offer you upward career trajectory, flexibility in how and where you get your work done and meaningful relationships with clients, teammates and leadership who truly care about you and your development.

Does this describe you?

  • You want to continue to expand your work experiences and hone your skills as a comprehensive risk professional in the areas of compliance, enterprise risk management, governance, internal controls, and data analytics.
  • You crave the opportunity to be part of a fast growing, entrepreneurial risk consulting practice where your hard work and creativity will be rewarded
  • You do your best work when you are part of a talented, down-to-earth team that thrives in collaboration and truly enjoys working together
  • You feel valued when you are provided the resources and support to continually sharpen your technical skills and build your career now, for tomorrow

What you will do:

The Quality Control Manager position requires in-depth knowledge of the Quality Control function with regards to FNMA, FHLMC, FHA/VA, USDA requirements. The Quality Control Manager should be well versed in performing and reviewing Pre-and Post-Close reviews, Repurchase reviews, Early Payment Default, and Red Flag/ Fraud Reviews.This individual understands the mission, culture, general operating functions and quality control needs of the organization and that of our Client sits unique operating environment, operating risks, and available quality control strategies and tactics to reduce and remove risk exposures. Themanager must be knowledgeable in both state and federal regulatory requirements for real estate lending, must understand how to assess the accuracy, reliability, and appropriateness of each document. Must have the ability to create and administer Auditor training as required; development and maintenance of auditor scorecard and performance standards for the Audit team. The Quality Control Manager will work with internal partners such as QC and Compliance to ensure quality standards are monitored and managed.

  • Responsible for managing, and training quality control staff members
  • Manage and support the pre-funding and post-closing quality control and due diligence functions.
  • Develop and manage the Quality Assurance reviews for all auditors for Post-closing and Pre-funding
  • Recommend quality and general operational improvements based on review of findings and auditor scorecards
  • Will prioritize job/staff responsibilities, provide assignments, meet required deadlines, and develop project plans and/or schedules.
  • Frequently monitor regulatory changes and updates and keep staff informed with this information.
  • To assure confidential information and private customer information is secure.
  • Responsible for reviewing a high volume of loan activity and must maintain a high level of detail and accuracy during review process.
  • Recognize and relay irregularities and concerns to appropriate management staff.
  • Subject Matter Expert to internal/external staff as well as customers in reference to underwriting and compliance in relation to credit risk.
  • Provide input on processes, procedures, and/or new approaches.
  • Must be able to work effectively, interact, and multi-task professionally with clients and employees and ensure high quality customer service internally and externally.
  • Resolve customer concerns and issues related to our work product.
  • Determine Quality-Control trends and issues and implement as required.
  • Coach others on Quality-Control issues, problems and/or questions.
  • In depth understanding of both State and Federal Compliance regulations
  • Regularly exercising discretion and independent judgment on critical business-matters that have a significant financial impact
  • Prepares and/or updates quality control/quality assurance procedures and manuals that establish, in writing, the quality control standard methods and procedures for specific lending functions of the organization.
  • Identify and document when company standards, or any regulations, have not been followed and ensure that the loan files delivered within the required time frame are complete and accurate.
  • Position will directly supervise Quality Control Auditors and the output from those areas i.e. reports, audit selection, customer rebuttals, report preparation, and pre-report delivery.
  • Other Duties assigned by Director of Quality Control

Successful candidates will have:

  • Bachelor's degree required
  • Must have 5 years Mortgage Credit Underwriting or Post-Closing QC auditor experience.
  • Must have 5 years' Management experience.
  • Self-motivation, detail orientation and organizational skills
  • Proficient PC skills in MS Office
  • Ability to develop spreadsheets and other departmentally required documents utilizing MS Excel/Word
  • Ability to work on cross-functional teams
  • High attention to detail
  • Strong technical skills with the ability to analyze and troubleshoot issues
  • Strong analytical skills required with a high degree of accuracy
  • Solid communication skills, both verbal and written, are necessary
  • Self-motivated, detail-oriented and possess organizational skills
The pay rate range for this job position is $96,600 to $221,300. Actual compensation is influenced by a variety of relevant factors including but not limited to applicant's skills, prior experience, qualifications, degrees, professional certifications, work arrangements and geographic location. Baker Tilly offers a comprehensive compensation and benefits package to eligible employees.

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