Scenario Desk Underwriter

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

T h i s p os i t i o n i s a fu ll - t i m e p os i t i o n b ased out of De nv e r , CO w i t h fl ex i b ili ty to w o r k r e m ote l y. T h e cand i date m ust h a v e exte n s i v e ex p e ri e n ce u n de rw ri t i n g n o n - age n cy m o rt gages , HELOCs, and non - qua li fied m o rt gages a n d s p ec i fica ll y b a nk state m e n t l oa n s. T h i s i n d i v i dua l w ill b e r es p o n s i b l e fo r m a n ag i n g a sce n a ri o des k to su pp o rt e li g i b ili ty quest i o n s a n d exce p t i o n r equests fro m a n et w o r k of l oa n s o ri g i n ato r s. I n add i t i o n, r es p o n s i b ili t i es w ill i ncl ude p r e p a ri n g ou r b a n k state m e n t i n co m e ca l cu l at i o n s t h at se ll e r s ca n use to co nfi de n t l y u n de rw ri te a n d o ri g i n ate a l oa n t h at w ill b e so l d to Bayview. T h i s p os i t i o n w ill w o rk cl ose l y w i t h t h e n o n - age n cy ca p i ta l m a rk ets a n d c r ed i t p o li cy tea m s to e n su r e t h at l oa n s a r e p u r c h ased i n acco r da n ce w i t h Ba yv i e w’ s o ri g i n at i o n a n d p u r c h ase p o li c i es a n d w i t h t h e u n de rw ri t i n g tea m to e n su r e co n s i ste n cy a m o n gst c r ed i t de ci s i o n s.

RESPONSIBI L ITIES

P ro vi de e li g i b ili t y su pp o rt to a n et w o rk of co rr es p o n de n t se ll e r

Approv e exce p t i o n s as aut h o ri

Ca l cu l ate e li g i b l e i n co m e f rom b o r row e r prov i ded b a n k state m e n

Foste r s tron g r e l at i o n s h i p s w i t h se ll e r s ' u n de rw ri t i n g tea m

W o r k w i t h se ll e r s to c l ea r due d ili ge n ce co n d i t i o n s a n d r eso l v e fin d i n

E n su r e l oa n docu m e n ts a r e accu r ate , co mp l ete , a n d suffic i e n t to cl ea r a ll co n d i t i o n s fo r fin a l l oa n a pprov a

Re v i e w a n d e v a l uate l oa n fi l es fo r ri s k i ssues a n d p ote n t i a l f r aud a n d / o r mi s r e p r ese n tat i o n .

An a l y ze a pp r a i sa l s fo r v a l uat i o n accu r

A ny ot he r ass i g n ed dut i es f rom m a n age m e n t as n ecessa ry

Q U ALIFICATIONS

M i n im u m of 6 - 10 y ea r s ' ex p e ri e n ce i n a n u n de rw ri t i n g ro l

Exte n s i v e e xp e ri e n ce u n de rw ri t i n g n o n - age n cy l oa n

K n o w l edge of QM /A TR r equ ir e m e n

Must a l so h a v e t h e fo ll o w i n g de m o n st r ated k n o w l edge , s k ill s , a n d a b ili t i es:

Exte n s i v e k n o w l edge of Mo rt gage Ba nk i n g o ri g i n at i o n p r act i ces , pro cedu r es , r egu l at i o n s , a n d l a w

St ron g u n de r sta n d i n g of t h e o p e r at i o n a l r es p o n s i b ili t i es i nv o l v ed i n t h e p u r c h ase a n d sa l e / secu ri t i zat i o n of wh o l e l oa n assets as i t p e rt a i n s to c r ed i t qua li t y .

Co m fo rt a b l e n egot i at i n g co mp l e x i ssues a n d r eso l v i n g prob l e m

W o rki n g k n o w l edge of W ORD , EXCE L, PO W ER POINT a n d A CCESS ,

Effect i v e v e r b a l a n d w ri tte n co mm u n i cat i o n s , i ncl ud i n g act i v e li ste n i n g , a n d p r ese n t i n g fin d i n gs a n d r eco m m e n dat i o n

Ab ili t y to es t a b li s h a n d m a i n ta i n w o rki n g r e l at i o n s h i p s w i t h co - w o rk e r s , staff , a n d e x te rn a l co n tacts , a n d to w o rk effect i v e l y i n a pro fess i o n a l tea m e nv i ronm e nt

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.