Non-QM Underwriting Manager - Remote

Benchmark Mortgage (NMLS #2143); Plano (TX); On-site; USD 120,000 - 135,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Short-term and long-term disability

401(k) and Roth 401(k) plans with company match

Company-provided life insurance

8 paid holidays

Job summary

A leading mortgage provider in Texas is seeking a Non-QM Underwriting Manager to lead and develop a high-performing underwriting team. The ideal candidate will have at least five years of mortgage underwriting experience, including two years in non-QM. Responsibilities include managing the underwriting pipeline and ensuring compliance with regulations. Benefits include medical, dental, and vision insurance, along with a competitive salary range of $120,000 to $135,000 annually.

Responsibilities

• Manage and train a team of underwriters.
• Oversee the underwriting pipeline to ensure timely loan reviews.
• Conduct loan reviews for compliance and quality standards.
• Collaborate with Operations and Sales to align goals.

Skills

Expert knowledge in non-QM loan programs

Proven underwriting pipeline management skills

Proven experience leading and developing teams

Strong communication skills

Advanced problem-solving capabilities

Strong critical thinking skills

Ability to prioritize and multi-task

Education

High school diploma or equivalent

Some college preferred

Tools

Encompass

Desktop Underwriter

Job description

Position Overview

The Non-QM Underwriting Manager is responsible for leading, developing, and scaling a high-performing non‑QM underwriting team and being the subject matter expert for non‑QM loan programs, balancing loan production goals with sound credit risk management, investor requirements, and regulatory compliance. Ideal candidates for this position have expert knowledge in non‑QM loan programs, guidelines, and investor requirements; proven ability to oversee a high‑volume underwriting pipeline; and have proven experience leading and developing teams.

Classification: Full Time, Exempt

Essential Functions of the Role

• Manage, coach and train a team of underwriters to ensure quality, compliance and service‑level standards are met.
• Oversee the non‑QM underwriting pipeline to ensure loans are reviewed, approved, and cleared‑to‑close within established turn times.
• Serve as escalation point for difficult files, guideline interpretation, and exception requests.
• Track productivity, quality, suspense, and defect trends with reporting and loan‑level reviews.
• Conduct periodic loan reviews to ensure adherence to internal credit standards, investor guidelines, and regulatory requirements.
• Ensure loans are underwritten to guidelines that are compliant with state and federal laws and regulations, including HMDA, Regulation Z, and Regulation B.
• Collaborate with Operations, Sales, and Secondary leadership to align on goals, capacity planning, and service‑level expectations.
• Other duties as assigned.

Essential Knowledge/Skills/Abilities

• Expert knowledge in non‑QM loan programs, guidelines, and investor requirements
• Proven underwriting pipeline management skills
• Proven experience leading and developing teams
• Expert knowledge of income analysis, including self‑employed borrowers, tax returns, P&Ls and K‑1s
• Demonstrated ability to analyze workflows and implement improvements in standard operating procedures
• Comprehensive knowledge of mortgage regulations, including HMDA, Reg Z, Reg B, and FNMA guidelines
• Strong communication skills
• Ability to work across organizational boundaries
• Highly detail‑oriented
• Strong decision‑making skills
• Advanced problem‑solving capabilities
• Strong critical thinking skills
• Proven ability to prioritize and multi‑task

Experience Requirements

• Minimum of five (5) years of progressive levels of mortgage underwriting experience required, with a minimum of two (2) years of non‑QM underwriting experience.
• Prior underwriting management experience required.
• Encompass and Desktop Underwriter experience preferred.

Education / Licensing Requirements

• High school diploma or equivalent required. Some college preferred.

Working Conditions

• Fast‑paced environment.
• Requires normal vision (corrected) both close and distant.
• Requires normal hearing levels (corrected).
• Requires working at a desk to use a phone and computer for extended periods of time.
• Requires sitting, bending.
• Works effectively with frequent interruptions.
• Lifting requirements of 10 lbs. occasionally.
• Minimal travel

Benefits

Along with a great culture and competitive pay, full‑time employees are eligible for additional benefits that include:

• Medical, dental, and vision insurance
• Short‑term and long‑term disability
• 401(k) and Roth 401(k) plans and Company match
• Company‑provided life insurance
• 8 paid holidays
• AND MORE!

Pay: $120,000.00 to $135,000.00 annually with eligibility for discretionary bonus