Product Development Specialist

Luxury Mortgage Corp.; Connecticut; Remote; USD 70,000 - 90,000; Full time

Job summary

Luxury Mortgage Corp. is seeking a full-time Product Development Specialist to drive product development and enhancements. The ideal candidate will have a Bachelor’s degree in finance, strong analytical skills, and at least five years of experience in the lending industry. This role requires attention to detail and flexibility in a fast-paced environment, with remote options available.

Benefits

Flexible work environment offering remote and hybrid opportunities

Paid vacation, sick and personal days

401k with employer matching contribution

Short- and long-term disability plans

Voluntary Life & AD&D insurance

Pet Insurance options

Healthcare, Dependent Care and Transit FSA

PTO/parental leave

Free parking when onsite

Casual dress code

Qualifications

• Minimum five years’ work experience in the lending industry or related field.
• Strong analytical and communication skills are essential.
• Proximity to Stamford (CT) or Irvine (CA) for occasional travel preferred.

Responsibilities

• Maintain and update underwriting guidelines across all channels.
• Conduct competitor and market analysis to identify gaps.
• Support product rollouts and training efforts.

Skills

Analytical skills

Communication skills

Attention to detail

Flexibility

Education

Bachelor’s Degree in finance or related field

Tools

Microsoft Office

Job description

Position:Product Development Specialist

Location: Remote

Job Id:110

# of Openings:1

Are you a strategic thinker with a passion for creating innovative solutions? Do you enjoy analyzing data, collaborating across teams, and transforming ideas into impactful products? Are you detail-oriented and thrive in a fast-paced environment where priorities shift quickly?

If so, we want you to join our team as a full-time Product Development Specialist at Luxury Mortgage Corp. (LMC)! In this role, you will play a key part in driving the development of new products and enhancing existing offerings that serve our clients in the ever-evolving mortgage industry.

About Us: At LMC, we are more than just a mortgage banker—we are a thriving, innovative, and diverse company with a strong presence across 35 states. Headquartered in Stamford, (CT), with an additional office in Irvine, (CA), we have been setting the standard in the mortgage industry since 1996. We are dedicated to growing our team with professionals who share our passion for excellence.

Your Role: As a Product Development Specialist, you will be responsible for maintaining and updating underwriting guidelines, analyzing competitor products and supporting the rollout of new product offerings. This role will also work to ensure our products stay competitive and compliant. The position will provide support to the Exception & Scenario and Credit Team and the Secondary Department as needed. This role will report to the Senior Transaction Manager.

Key Responsibilities:

• Maintain and update underwriting guidelines across all origination channels, including proprietary products and investor programs
• Ensure timely and accurate distribution of updated guidelines, checklists, and related materials to internal teams and product pricing engines
• Manage new product and investor rollouts in collaboration with Compliance, Underwriting, Secondary, Closing, and Training teams
• Support training efforts with clear materials for Sales and Operations
• Conduct competitor and market analysis to identify gaps and recommend enhancements
• Coordinate guideline revisions with internal teams and maintain internal databases
• Support the Exception & Scenario team on loan-specific questions
• Assist with guideline analysis for bulk bidding and investor comparisons
• Perform additional duties as assigned by management
• Ad hoc responsibilities as determined by management from time to time and in its sole discretion

Qualifications:

• Bachelor’s Degree in finance or related field preferred
• Minimum five years’ work experience either in the lending industry or related field.
• Industry experience preferred but not required
• Proficiency in Microsoft Office
• Strong analytical and communication (written/oral) skills
• Must be flexible and adaptable to change
• Strong attention to detail
• Proximity to Stamford (CT) or Irvine (CA) for occasional travel to the office preferred

PERKS and BENEFITS

At LMC we believe our employees are our greatest asset. We know that happy employees are productive employees, which is why we offer a comprehensive benefits package and perks including:

• A flexible work environment offering remote and hybrid opportunities
• Paid vacation, sick and personal days
• 401k with employer matching contribution
• Short- and long-term disability plans
• Voluntary Life & AD&D insurance
• Pet Insurance options
• Healthcare, Dependent Care and Transit FSA
• PTO/parental leave
• Free parking when onsite
• Casual dress code when in office (Dress for Your Day)
• Free financial counseling, health coaching and employee assistance program

We are building a diverse and inclusive workforce where we provide equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, genetic disposition, disability, veteran status or any other protected category under federal, state or local law.

The salary range for this role is $70,000.00 to $90,000.00. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, experience and location.

NOTE: The above description is intended to describe the general nature and level of work to be performed. It is not intended to be an exhaustive list of all responsibilities of the position.