Scenario Desk Underwriter

Bayview Asset Management; Denver (CO); Remote; USD 90.000 - 115.000; Vollzeit

Zusammenfassung

Bayview Asset Management is seeking a skilled underwriter for non‑agency loan origination, including bank statement income calculations. The role supports a network of lenders and coordinates with capital markets and policy teams to ensure compliant origination and sale.

Remote work is available with compensation in a market‑competitive range. The ideal candidate has substantial experience in underwriting non‑agency mortgages and a strong data‑analysis background.

Qualifikationen

• 6–10 years’ experience in underwriting non‑agency loan origination.
• Extensive underwriting experience for non‑agency loans; ability to deliver thorough, accurate underwriting.

Aufgaben

• Provide eligibility support to a network of correspondent lenders.
• Approve exemptions and authorize guidance.
• Calculate eligible income from borrower bank statements.
• Foster strong relationships with sellers' underwriting teams.
• Work with sellers to clear due diligence conditions and resolve financing.
• Ensure loan documents are accurate and complete for final loan approval.
• Review loan files for risk and audit issues.
• Analyze applications for valuation accuracy.
• Assist management with additional duties as needed.

Kenntnisse

Underwriting non-agency loans

Bank statement income analysis

QM/ATR knowledge

Data analysis

Jobbeschreibung

Overview

ABOUT US:

Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset‑backed securities, mortgage servicing rights, and other credit‑related assets.

OVERVIEW

This position is a full time position based out of Devon, CO with flexibility to work remotely. The candidate must have extensive experience underwriting non‑agency mortgages, HELOCs, and non‑qualified mortgages and specifically bank statement income loans. This individual will be responsible for managing a scenario desk to support elibility questions and exception requests from a net of loan originators. In addition, roles and responsibilities will include additional bank statement income calculations that sellers can use to confidently underwrite and originate a loan that will be sold to Bayview. The position will work closely with the non‑agency capital markets and credit policy teams to ensure that loans are purchased in accordance with Bayview’s originations and purchase policies. A robust credit analysis and underwriting model will be essential to consistently deliver fully compliant loan documentation while meeting long term asset performance goals.

RESPONSIBILITIES

• Provide elibility support to a network of correspondent lenders.
• Approve exemptions as authhori.
• Calculate elibile income from borrower provided bank statement.
• Foster strong relationships with sellers' underwriting team.
• Work with sellers to clear due diligence conditions and resolve financing.
• Ensure loan documents are accurate, complete, and sufficient to deliver clear conditions for final loan approval.
• Review and evaluate loan files for risk issues and potential failed audits.
• Analyze applications for valuation accuracy.
• Any other assisting duties from management as necessary.

QUALIFICATIONS

• Minimum of 6‑10 years’ experience in underwriting non‑agency loan origination.
• Extended experience in underwriting non‑agency loans and sentiment for providing thorough, accurate underwriting.
• Knowledge of QM/ATR requirements.
• Must also have the following skills, and a strong background in data analysis and audit, and a ability to independently provide clear exposure.
• Extended knowledge of Mortgage Banking origination practices, procedures, regulations, and a strong understanding of therisk, and a strong reference of the loan approval.

LOCATION and COMPENSATION:

• This role is 100% remote
• Base compensation is expected to be $90,000 – $115,000 with the opportunity for bonus compensation

*Salary may vary based on work experience, market conditions, location, and qualifications/training.

EEOC:

Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.