Top Mortgage Credit Manager jobs in Detroit, MI

Job Summary: We are seeking a qualified and experienced Hybrid Mortgage Underwriting Manager to lead our dynamic mortgage underwriting team. The ideal candidate will possess a deep understanding of traditional and digital mortgage underwriting processes. This role requires a strategic thinker who can adapt to evolving market trends and technology advancements while ensuring compliance with industry regulations. The Hybrid Mortgage Underwriting Manager will be responsible for overseeing a team of underwriters, implementing efficient processes, and maintaining a high standard of accuracy and quality in mortgage underwriting.

Key Responsibilities:

1. Team Leadership:

   • Lead and manage a team of mortgage underwriters, providing guidance, support, and fostering a collaborative work environment.
   • Develop and implement training programs to ensure team members are up-to-date on industry regulations, underwriting guidelines, and technological advancements.

2. Process Optimization:

   • Evaluate and streamline underwriting processes to enhance efficiency and maintain a high level of accuracy.
   • Implement digital mortgage underwriting solutions and leverage technology to improve overall workflow.

3. Risk Management:

   • Develop and enforce underwriting policies and procedures to mitigate risk and ensure compliance with regulatory requirements.
   • Stay informed about changes in the mortgage industry and make proactive adjustments to underwriting practices accordingly.

4. Quality Control:

   • Establish and maintain quality control measures to ensure the accuracy and completeness of underwriting decisions.
   • Conduct regular audits to identify areas for improvement and implement corrective actions.

5. Collaboration:

   • Collaborate with other departments, including loan processing, sales, and compliance, to foster effective communication and achieve organizational goals.
   • Work closely with technology teams to implement and optimize digital underwriting tools and platforms.

6. Performance Monitoring:

   • Implement key performance indicators (KPIs) to monitor the performance of the underwriting team and make data-driven decisions to improve efficiency and accuracy.

7. Customer Service:

   • Ensure timely and accurate communication with internal and external stakeholders, including borrowers, loan officers, and other relevant parties.

8. Reporting:

   • Generate regular reports on underwriting performance, trends, and key metrics for senior management.

Qualifications:

• 10 years underwriting FHA, VA, Conventional Mortgage Loans
• 5 years in a underwriting management role
• Several years of experience in mortgage underwriting, with a strong understanding of both traditional and digital underwriting processes.
• Proven leadership experience with the ability to motivate and develop a high-performing team.
• In-depth knowledge of mortgage industry regulations and compliance requirements.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Familiarity with mortgage underwriting software and digital tools.

If you are a results-oriented leader with a passion for innovation in mortgage underwriting, we encourage you to apply for this exciting opportunity.
Schedule will be 3 days in office, 2 days from home.

Salary $80-85K