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Mortgage Risk Jobs in California (NOW HIRING)

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

LBC Mortgage

Mortgage Underwriter

North Hollywood, CA · On-site

About LBC Mortgage LBC Mortgage is a Los Angeles-based mortgage company with over 20 years of ... Analyze property details, exit strategies, deal structure, and overall risk * Calculate and ...

Guild Mortgage

VP, Credit Risk

San Diego, CA · On-site

As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a ...

Guild Mortgage

VP, Credit Risk

San Diego, CA · On-site +1

Guild Mortgage Company , closing loans and opening doors since 1960. As a mortgage banking firm we ... The VP of Credit Risk ensures that the company's lending practices and policies are sound and ...

Guild Mortgage

Mortgage Trader

San Diego, CA

$99K - $150K/yr

Position Summary The Mortgage Trader is responsible for managing interest rates risk for the organization through pricing and executing MBS and whole loan trades on multiple platforms, with limited ...

Conventus

AVP, Market Risk

Westlake Village, CA · On-site

$100K - $123K/yr

The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome's Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ...

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All JobsMortgage Risk JobsMortgage Risk Jobs in California

Mortgage Risk information

See California salary details

$23.9K

$108.3K

$143.7K

How much do mortgage risk jobs pay per year?

As of Jul 1, 2026, the average yearly pay for mortgage risk in California is $108,290.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,300.00 and $114,600.00 per year, depending on experience, location, and employer.

What is a mortgage risk analyst?

A mortgage risk analyst is a financial professional who assesses the potential risks involved in lending money for real estate purchases. They analyze borrowers' creditworthiness, property values, market trends, and economic conditions to determine the likelihood of default. Their goal is to help lenders make informed decisions that minimize financial losses while ensuring responsible lending practices. Mortgage risk analysts play a crucial role in maintaining the stability and profitability of mortgage portfolios.

What are the typical challenges faced by professionals in a Mortgage Risk role, and how can they be addressed?

Professionals in Mortgage Risk often encounter challenges such as assessing the creditworthiness of borrowers, staying compliant with evolving regulations, and managing large volumes of data to identify potential risks. Staying updated on regulatory changes and leveraging advanced analytics tools can help address these hurdles. Collaboration with underwriting, compliance, and data analytics teams is crucial to ensure accurate risk assessments and maintain the integrity of the mortgage portfolio. Continuous professional development and strong communication skills also contribute to effectively navigating these challenges.

What are the key skills and qualifications needed to thrive as a Mortgage Risk Analyst, and why are they important?

To thrive as a Mortgage Risk Analyst, you need a solid background in finance, data analysis, and risk assessment, often supported by a degree in finance, economics, or a related field. Familiarity with risk modeling tools, loan origination systems, and regulatory compliance software is typically required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for evaluating complex financial data and conveying risk insights. These skills ensure accurate risk evaluation, regulatory adherence, and sound decision-making in mortgage lending.

What is the difference between Mortgage Risk vs Mortgage Underwriter?

AspectMortgage RiskMortgage Underwriter
Primary RoleAssess and manage risks associated with mortgage lendingEvaluate loan applications to ensure compliance and approve or deny loans
CredentialsRisk management certifications, finance backgroundLoan processing certifications, mortgage licensing
Work EnvironmentRisk departments, financial institutionsLoan processing centers, banks, mortgage companies
Industry UsageRisk assessment teams within mortgage lendingLoan approval teams within mortgage lending

Mortgage Risk professionals focus on identifying and mitigating potential risks in mortgage portfolios, while Mortgage Underwriters evaluate individual loan applications to determine approval. Both roles require financial knowledge and industry certifications, but their responsibilities differ in scope and focus.

What are the most commonly searched types of Mortgage Risk jobs in California? The most popular types of Mortgage Risk jobs in California are:
What are popular job titles related to Mortgage Risk jobs in California? For Mortgage Risk jobs in California, the most frequently searched job titles are:
What job categories do people searching Mortgage Risk jobs in California look for? The top searched job categories for Mortgage Risk jobs in California are:
Mortgage Risk jobs near you
Infographic showing various Mortgage Risk job openings in California as of June 2026, with employment types broken down into 1% As Needed, 89% Full Time, 9% Part Time, and 1% Temporary. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $108,290 per year, or $52.1 per hour.

VP of Risk (Mortgage Lending, Non-QM)

Cake Mortgage Corp.

Chatsworth, CA • On-site

Other

Posted 21 days ago

Job description

Description

CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products. We're redefining the lending experience with innovative programs, streamlined processes, and a commitment to speed and precision. As we grow, we're looking for forward-thinking professionals who thrive in fast-paced, collaborative environments.


The Vice President of Risk is responsible for overseeing the organization's enterprise risk management framework within the business. This role encompasses credit risk, operational risk, compliance risk, and overall risk strategy to ensure the company operates within its defined risk appetite while supporting sustainable growth.


Key Responsibilities

  • Develop and implement a comprehensive risk management framework across credit, operational, and compliance functions.
  • Define and maintain the organization's risk appetite in alignment with business objectives.
  • Partner with underwriting leadership to ensure sound credit decisioning and adherence to guidelines.
  • Evaluate high-risk loan scenarios and provide risk-based recommendations.
  • Identify, assess, and mitigate risks across loan origination, processing, underwriting, and servicing functions.
  • Implement controls to minimize operational losses and inefficiencies.
  • Ensure adherence to federal, state, and investor regulations (e.g., Agency, Non-QM guidelines).
  • Lead risk-related audits and regulatory examinations; address findings and implement corrective actions.
  • Establish KPIs, KRIs, and dashboards to monitor risk exposure and performance.
  • Provide regular reporting and insights to executive leadership and stakeholders.
  • Analyze loan performance trends, delinquency rates, and default risks.
  • Recommend strategies to mitigate losses and improve portfolio health.
  • Work closely with Capital Markets, Secondary, Compliance, and Operations to balance risk with production goals.
  • Support new product development by assessing risk implications.
  • Strengthen internal controls and oversee quality control processes.
  • Promote a culture of risk awareness and accountability across the organization.
  • Mentor staff and drive continuous improvement in risk practices.

Requirements

  • 10+ years of experience in mortgage lending, risk management, or related field.
  • 5+ years of leadership experience in risk, credit, or compliance.
  • Strong knowledge of mortgage operations, underwriting, and regulatory requirements.
  • Experience with Agency, Non-QM, and/or portfolio lending products.
  • Proven ability to develop and implement risk frameworks and controls.
  • Strong analytical, strategic thinking, and decision-making skills.
  • Experience with LOS systems (e.g., Encompass) and risk/analytics tools.
  • Enterprise risk management experience (credit, operational, and compliance risk).
  • Experience working with capital markets and secondary teams.


Why Join CAKE Mortgage?

  • Be part of a fast-growing company changing the game in Non-QM.
  • Competitive compensation and performance-based bonuses.
  • Collaborative and entrepreneurial culture.
  • Opportunities for career advancement and innovation. 


Cake Mortgage does not tolerate discrimination of any type. Cake Mortgage offers equal employment opportunity to all qualified persons without regard to race, age, color, religion, sex/gender, gender identity, sexual orientation, marital status, medical condition, military or veteran status, national origin, ancestry, disability, or any other considerations made unlawful by Federal, State, or Local law. Cake Mortgage provides eligible and qualified employees with opportunities to advance. Cake Mortgage is an at will employer. Cake Mortgage is committed to providing employees with a work environment free of discrimination and harassment.

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