Residential Mortgage Credit & Valuations Associate

Careers at KKR; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

KKR's K-Star Asset Management seeks a detail-oriented Credit & Valuations Associate for its Dallas team. The role supports residential mortgage whole loan acquisitions through valuation and credit review, collaborating with deal teams in a global investment firm.

The ideal candidate has deep experience in mortgage appraisal review and underwriting, with the ability to develop scalable processes and act as a subject matter expert for the team.

Qualifications

• Bachelor's degree required.

Responsibilities

• Perform detailed appraisal reviews on residential mortgage loans, evaluating for accuracy, reasonableness, current market trends, and overall property condition.
• Develop a tiered process flow for utilizing third-party valuation tools (AVMs, BPOs, desktop appraisals) to support and corroborate review conclusions.
• Provide clear, well-documented review commentary and actionable recommendations to support acquisition decisions.
• Create and implement a systemic procedure for the continued review of supplemental valuations obtained by loan servicing to ensure ongoing accuracy and compliance.
• Serve as the primary knowledge source on the team for all appraisal-related activity, market dynamics, and evolving industry standards.
• Review originator underwriting guidelines for variations across counterparties and collaborate with third-party vendors to create a consolidated framework that highlights key differences across guidelines.
• Maintain current and historical versions of originator underwriting guidelines, and track the specific guideline version under which individual loans were originated.
• Monitor and analyze trends across underwriting guidelines to proactively identify shifts in market standards and lending practices.
• Aid in reviewing credit diligence results, identifying compensating factors, and documenting exceptions for new loan acquisitions.

Education

Bachelor's degree

Tools

AVMs

BPOs

Desktop appraisals

Job description

KKR's K-Star Asset Management seeks a detail-oriented Credit & Valuations Associate for its Dallas team. The role supports residential mortgage whole loan acquisitions through valuation and credit review, collaborating with deal teams in a global investment firm.

The ideal candidate has deep experience in mortgage appraisal review and underwriting, with the ability to develop scalable processes and act as a subject matter expert for the team.