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Mortgage Risk Manager Jobs in Springfield, MA (NOW HIRING)

Mortgage Loan Officer

Manchester, CT · On-site

$63K - $95K/yr

LOAN MANAGEMENT/BORROWER ADVISEMENT * Meet with loan applicants to discuss viable mortgage options ... risk. Determines the maximum purchase price/loan amount based on borrower data. Approve or deny ...

Mortgage Loan Officer

Manchester, CT · On-site

$63K - $95K/yr

LOAN MANAGEMENT/BORROWER ADVISEMENT * Meet with loan applicants to discuss viable mortgage options ... risk. Determines the maximum purchase price/loan amount based on borrower data. Approve or deny ...

... Mortgage-Backed Securities (CMBS) investment activities of the firm. The Sector Head will be ... risk management, surveillance, and performance of CMBS investments across multiple client mandates.

Asst Branch Manager

Northampton, MA · On-site

$24.32 - $34.39/hr

... while balancing risk and the regulatory requirements of the bank * With the Branch Manager ... meaningful customer referrals (Mortgage, Osaic, Wealth Management, Commercial, etc.

Store Manager I - Amherst

Amherst, MA · On-site

$72K - $108K/yr

Requires process management knowledge and knowledge of the risk profile for team processes ... Maintains an active registration status with NMLS (Nationwide Mortgage Licensing System and ...

Store Manager I - Amherst

Amherst, MA · On-site

$72K - $108K/yr

Requires process management knowledge and knowledge of the risk profile for team processes ... Maintains an active registration status with NMLS (Nationwide Mortgage Licensing System and ...

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Mortgage Risk Manager information

See Springfield, MA salary details

$46.8K

$120.3K

$236.2K

How much do mortgage risk manager jobs pay per year?

As of Aug 10, 2026, the average yearly pay for mortgage risk manager in Springfield, MA is $120,283.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,200.00 and $158,400.00 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.
What are popular job titles related to Mortgage Risk Manager jobs in Springfield, MA? For Mortgage Risk Manager jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Mortgage Risk Manager jobs in Springfield, MA look for? The top searched job categories for Mortgage Risk Manager jobs in Springfield, MA are:

Residential Mortgage Assistant Sales Manager

M&T Bank

Hartford, CT

$32.89 - $54.81/hr

Full-time

Re-posted 22 days ago


M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 186 frontline employees who took The Breakroom Quiz

79th of 170 rated banks


Job description

Overview:

Assist, support, and respond to requests and directives from the Residential Mortgage Sales Manager. Must adhere to the requirements of federal registration under the SAFE Act.

Primary Responsibilities:
  • Assist, support, and respond to requests and directives from the Residential Mortgage Sales Manager.
  • Manage the training process for the Loan Counselors including program development and on-going coaching/mentoring and problem resolution.
  • Promote the Bank's image in the marketplace through participation in various community events.
  • Assist in the coordination and presentation of marketing materials.
  • Respond to customer inquiries and complaints.
  • Participate in weekly management support team meetings and follow up on any issues that need to be addressed.
  • Keep abreast of changes and trends related to responsibilities of Loan Counselors.
  • Assist in the usual managerial authority concerning staffing, performance appraisals, promotions, hiring, and terminations.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Scope of Responsibilities:

This position assists the Residential Mortgage Sales Manager and has a sound working knowledge of the Sales Manager's responsibilities in order to act as a back-up.

Responsible for establishing and maintaining federal registration requirements outlined in the SAFE Act.

Education and Experience Required:

Bachelor's degree and 3 years Residential Mortgage experience,

OR in lieu of a degree,

A combined minimum of 7 years higher education and/or work experience including a minimum of 3 years Residential Mortgage experience

2 years supervisory experience

General knowledge of personal computers and software.

Education and Experience Preferred:

Excellent oral and written communication skills.

Ability to interact with all levels of personnel.

Strong interpersonal ability.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $32.89 - $54.81 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.LocationHartford, Connecticut, United States of America

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