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Mortgage Risk Manager Jobs in Coventry, RI (NOW HIRING)

Collaborate with Model Risk Management, Model Validation, and Market Risk for periodic model ... Support initiatives including Balance Sheet Optimization, Funds Transfer Pricing, Mortgage ...

Senior Relationship Banker | Swansea

Swansea, MA ยท On-site

$19.25 - $25.25/hr

Compliance & Risk Management * Ensure compliance with all bank policies, procedures, and regulatory ... Pursuant to the Secure and Fair Enforcement for Mortgage Licensing Act ("SAFE Act"), all ...

Showing results 21-40

Mortgage Risk Manager information

See Coventry, RI salary details

$45.8K

$117.6K

$230.9K

How much do mortgage risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for mortgage risk manager in Coventry, RI is $117,601.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,600.00 and $154,900.00 per year, depending on experience, location, and employer.

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.

Underwriter (Warwick R.I. or Kennesaw GA)

Lendsure Mortgage Corp

Warwick, RI โ€ข On-site

$68K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Job description

Join LendSure Mortgage Corp as a Full-Time Non-QM Underwriter, where innovation meets exciting career opportunities! Immerse yourself in a dynamic, onsite environment that promotes problem-solving and excellence. With the chance to collaborate with forward-thinking professionals. This role not only offers a competitive salary ranging from $68,500 to $90,000 but also includes a lucrative quarterly discretionary bonus plan, rewarding your commitment and performance. Prefer someone who can work on site at either Warwick R.I. or Kennesaw GA office. Will also consider remote applicants.  You can get great benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Competitive Salary, Paid Time Off, and Employee Discounts. Take the opportunity to excel in a fun, customer-focused workplace that champions innovative ideas and creative solutions. Apply today to become part of a company that recognizes and values your contributions!Your role as a Non-QM Underwriter As a Full-Time Non-QM Underwriter at LendSure Mortgage Corp you will play a critical role in ensuring our company's success. You will be responsible for rendering credit decisions on incoming applicants consistent with internal policies, underwriting mortgage commitments, and verifying supporting documentation as submitted by Mortgage Brokers, and uphold our commitment to excellence in service level agreements.Does this sound like you?To thrive as a Full-Time Non-QM Underwriter at LendSure Mortgage Corp you will need a robust set of skills and knowledge in real estate lending and loan structuring. Familiarity with real estate markets, valuation methodologies. A strong understanding of borrower financials, credit risk, and KYC/AML compliance will enable you to ensure adherence to guidelines and mitigate risks. Proficiency in tools like Encompass, Salesforce, and Excel.Knowledge and skills required for the position are:Knowledge of real estate lending and loan structuring.Valuation methodologiesReview and analyze documentation provided on each loan to make an informed lending decision in compliance with LendSure Mortgage Corp.'s policies and guidelines.Ability to review complex tax returns.Ability to perform duties under minimal supervision and actively engage with the supervisor to resolve complicated issues.Ability to communicate effectively in both verbal and written form.Strong time management skills to plan and organize a high daily loan volume.Must be a detail-oriented team player able to collaborate constructively with fellow employees.Minimum 5 years of recent experience underwriting non-conforming residential mortgage loans.Minimum 5 years of experience with state and federal lending regulations (i.e., Ability to Repay, RESPA, Reg B, Reg Z, Fair Lending, etc.) Connect with our team today!We believe in taking care of our team, both on and off the job. That's why we offer a mobile-friendly application process - because we know your time is valuable. If you're ready to take your management skills to the next level and join a team that values hard work and good times, complete our application today! This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.