ZipRecruiter

Log In

1

Mortgage Risk Jobs in California (NOW HIRING)

Guild

VP, Credit Risk

San Diego, CA · On-site

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

VP, Credit Risk

San Diego, CA · On-site

$177K - $242K/yr

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 Trader

San Diego, CA · On-site

$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 ...

LBC Mortgage

Underwriter

Los Angeles, CA · On-site +1

Position Overview The Commercial Mortgage Underwriter will be responsible for analyzing and evaluating commercial loan applications, assessing financial risk, and ensuring compliance with company and ...

Redwood Credit Union

Mortgage Underwriter

Napa, CA · On-site

$39 - $52/hr

Redwood Credit Union is looking for a Mortgage Underwriter who will be responsible for making a ... This role ensures sound credit decisions while balancing risk management with excellent customer ...

Cake Mortgage Corp.

Mortgage QC Manager

Chatsworth, CA · On-site

Minimum of 3 years of prior leadership experience in mortgage QC or risk management. * Strong knowledge of mortgage loan products, processes, and documentation. * In-depth understanding of investor ...

Cake Mortgage Corp

Mortgage QC Manager

Chatsworth, CA · On-site

$85K - $120K/yr

Minimum of 3 years of prior leadership experience in mortgage QC or risk management. * Strong knowledge of mortgage loan products, processes, and documentation. * In-depth understanding of investor ...

Wells Fargo

Private Mortgage Banker

Temecula, CA

... risk * Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates ... policies, underwriting requirements, and loan procedures; maintain high standard of client ...

Wells Fargo

Private Mortgage Banker

Coachella, CA · On-site

... risk * Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates ... policies, underwriting requirements, and loan procedures; maintain high standard of client ...

Wells Fargo

Private Mortgage Banker

Menifee, CA · On-site

... risk * Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates ... policies, underwriting requirements, and loan procedures; maintain high standard of client ...

Wells Fargo

Private Mortgage Banker

Coachella, CA

... risk * Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates ... policies, underwriting requirements, and loan procedures; maintain high standard of client ...

Wells Fargo

Private Mortgage Banker

Rancho Mirage, CA · On-site

... risk * Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates ... policies, underwriting requirements, and loan procedures; maintain high standard of client ...

Wells Fargo

Private Mortgage Banker

Palm Desert, CA · On-site

... risk * Inform prospective and existing customers of Wells Fargo Home Mortgage programs, rates ... policies, underwriting requirements, and loan procedures; maintain high standard of client ...

next page

Showing results 1-20

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, Credit Risk

VP, Credit Risk

Guild

San Diego, CA • On-site

Other

Medical, Dental, Vision, Life, Retirement

Posted 13 days ago

Key responsibilities

  • Establishes and monitors underwriting guidelines and eligibility parameters.

  • Recommends changes to guidelines and eligibility parameters to the Risk Committee for evaluation and approval.

  • Monitors delinquency rates, default rates, and manufacturing quality, recommending actions to ensure underwriting guidelines and eligibility parameters are effectively managing credit risk.

Job description

Guild Mortgage Company, closing loans and opening doors since 1960. 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 level of professionalism and service unsurpassed in the lending industry.
Position Summary
The Vice President (VP) of Credit Risk is a key member of the senior leadership team, responsible for overseeing Guild's credit risk policy. The primary responsibilities are managing the company’s underwriting guidelines, credit risk policies and loan eligibility parameters. The VP of Credit Risk ensures that the company's lending practices and policies are sound and compliant with Guild’s risk objectives and Secondary Markets guidelines and eligibility. This role also ensures an appropriate
balance is struck between credit risk and business opportunity. It also requires a deep understanding of credit risk principles and origination practices, strong communication and analytical skills and the ability to lead and develop a team.
Essential Functions
  • Establishes and monitors Guild’s underwriting guidelines and eligibility parameters.
  • Continually evaluates that policies and guidelines are appropriate based upon evolving credit risk and industry trends.
  • Recommends guideline and eligibility changes to the Risk Committee for formal evaluation and approval.
  • Monitors and implements investor guidelines and eligibility updates.
  • Proactively reaches out to investors to recommend / negotiate guidelines and eligibility parameters.
  • Evaluates notifications of changing guidelines and eligibility parameters to:
  • Determine whether further investor discussions are needed to better understand rational and impact.
  • Negotiate different terms, if appropriate, to minimize impact to Guild.
  • Consider modifying lending or investor relationship strategies to mitigate impact.
  • Communicates all changes to underwriting guidelines and eligibility parameters to impacted business groups.
  • Monitors delinquency rates, default rates, default severity and manufacturing quality; recommending actions to ensure Guild’s underwriting guidelines and eligibility parameters are effectively managing credit risk.
  • Identify emerging credit risks and recommend mitigation strategies.
  • Review product mix and recommend adjustments to Product Strategy Team and/or Risk Committee as appropriate.
  • Work with credit risk counterparts at the Agencies and key investors to discuss, educate and negotiate on loan level issues as well as requesting single loan waivers.
  • Build relationships with industry peers to collaborate and share best practices.
  • Liaise with external auditors, regulators, and rating agencies as required.
  • Provide inputs to new mortgage products and lending programs.
  • Stress test policies and portfolio against credit events to ensure credit policies mitigate risk.
  • Effectively manage and develop the Credit Policy Team
Qualifications
  • Bachelor's Degree directly related to the position or equivalent, required.
  • Minimum 15 years' experience in mortgage underwriting-related role(s).
  • Minimum ten years supervisory experience.
  • Expert-level understanding of mortgage products and underwriting.
  • Non-QM, GSE, HUD, VA, and USDA mortgage product knowledge.
  • General knowledge of federal, state, and regulatory requirements/guidelines related to consumer mortgage lending and internal processes and controls.
  • Familiarity with AllRegs online.
  • Accurate, organized, and detail oriented.
  • Passionate about delivering excellence in customer service within a team environment.
  • Excellent verbal and written communication skills required.
  • Highly organized and detail-oriented; ability to work in a fast-paced, metrics-driven environment required.
  • Proficiency in Microsoft Office Suite, Word, Excel, Wiki, collaborative cloud-based programs, and third-party software applications required.
  • Commitment to company values.
  • Customer Service - Proactive attention to each person
  • Integrity - Do and say what's right
  • Respect - Treat others with dignity
  • Collaboration - Listen and work together
  • Learning - Seek knowledge and strive for improvement
  • Excellence – Deliver the unexpected
Supervision
  • Job Scope: Responsible for understanding the department/functional area objectives and goals and how own job contributes to achievement of these goals; may contribute insights and ideas on policies, processes, procedures, and efficiency; may recommend changes and enhancements based on analysis and evaluation of circumstances.
  • Complexity: Problems are often complex and specialized and may involve unprecedented circumstances; resolution requires investigation, analysis and review of professional/organizational standards.
  • Impact: Decisions and actions have an impact on the smooth operation and timeframes of the department, programs/projects; impact on the broader organization is generally indirect.
  • Interaction/Supervision: Manages staffing plan for a division, including planning for needed additional hires and/or reductions in force; responsible for people management of division leaders, including staffing; sets performance standards, evaluates staff, accountable for staff development and training, etc.
    and strategic people management of other organizational leaders.

Requirements
Physical: Work is primarily sedentary; mobility in an office setting.
Manual Dexterity: Ability to operate standard office equipment and keyboards.
Audio/Visual: Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio, e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.
Environmental: Office environment – moderate noise, no substantial exposure to adverse environmental conditions.
Mental: Learn new tasks, remember processes, maintain focus, complete tasks independently, and make timely decisions in the context of a workflow. This role requires effective adaptation to workplace stressors, including customer service complaints, security responsibilities, and competing priorities. Must be able to adhere to process protocol. Must be able to apply established protocols in a timely manner.
Schedules: Work is primarily performed during the business week, Monday - Friday.
Travel: 5% or less
Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.
Guild Mortgage Company is an Equal Opportunity Employer.
Targeted Salary Range: $177,000 - $242,000
Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant’s geographical location.
REQ#: SVPCR016849
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

Apply