Job Description:

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

The VP of Non-QM Business will be responsible for growing NewRez Non-QM origination beyond $2 billion through our various channels including wholesale, correspondent and retail. The focus of this position is to support NewRez Non-QM production growth with the development of products through credit risk, capital markets, and the required support for each individual channel. The position will also oversee the creation of a scenario desk and use specific programs to assure loans are closed in accordance with the guidelines and prepared for securitization.

Principal Duties

• Develop and execute Non-QM business plan with thorough market and competitor analysis


• Develop Non-QM products and tools in conjunction with credit risk, underwriting and channel sales leaders


• Lead, develop and manage a team of business development, scenario desk, underwriters, closers and post closers for multiple channels directly and indirectly


• Partner with rating agencies and investor partners on quarterly securitizations to maximize liquidity and execution


• Create and implement business development materials and training programs to educate production channels, clients and consumers


• Ensure production channel success with consistent improvements to exceed our collective goals - product, pricing, technology, process, capacity


• Partner with vendor groups on implementing business strategies - i.e. due diligence, technology, underwriting.

Other duties as directed Education and Experience Requirements

• Bachelor's degree required


• Seasoned mortgage leader in one or more of the following areas: product development, sales, capital markets


• Expertise in mortgage banking


• Experience in managing a business line preferred


• Non-QM lending sales and mortgage banking experience a plus.

Knowledge, Skill and Ability Requirements

• Ability to work in a matrixed environment


• Excellent communication and coaching skills


• Excellent presentation skills to highlight our strengths and showcase our products


• Critical thinker regarding risk and quality of assets being originated.


• Ability to work in a high volume, fast pace environment and successfully meet established deadlines.


• Ability to work independently and be self-motivated with measurable results.

While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties as necessary.

Company Perks :
• 15 Paid Time Off (PTO) days and 18 after 1st anniversary!
• 8 Paid Holidays
• Casual Workplace
• Employee Engagement Activities

Company Benefits :
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX - Vision - Life, Disability Insurance - 401(k) Plan with company match! - Employee Assistance Plan
• Pet Insurance!

Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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