Wholesale Underwriting Manager - Remote at Longbridge Financial

Paramus, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

10 May, 26

Salary

130000.0

Posted On

09 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting Management, Mortgage Transactions, Reverse Experience, Wholesale Mortgage Business, FHA HECM, Proprietary Loan Programs, Credit Decisions, Guidelines Compliance, Team Management, Training, Communication Skills, Customer Service, Analytical Skills, Collaboration, Coaching, Mentoring

Industry

Financial Services

Description

Company Description At Longbridge, we love seniors and we’re passionate about helping them unlock the power of one of their greatest assets—their home equity. As a leading provider of home equity solutions for seniors, we’re committed to helping older homeowners make the most of what they’ve worked hard to build, so they can live the retirement they imagined. And we don’t just do it well, we do it really well. With an “Excellent” rating on Trustpilot and over a thousand customer testimonials, we’ve earned a reputation for making it easy and stress-free to access home equity—with guidance every step of the way. But it’s not just our customers who love us—our team does, too! We’ve been named a Great Place to Work® three years in a row because we believe that when people enjoy what they do and where they do it, everyone wins. Why Longbridge? At Longbridge, we don’t just offer jobs, we offer careers that grow with you. Here’s why you’ll love being part of our team: Grow With Us – We’re big believers in investing in our people. From top-notch training to clear career paths, we support your professional growth every step of the way. Plus, we love promoting from within—because when you succeed, we all do. A Culture That Clicks – We work hard, but we have fun doing it! Whether it’s team-building events, friendly competitions, or just an atmosphere of open communication and collaboration, we make sure work feels less like “just work.” Benefits That Have Your Back – We’ve got you covered with best-in-class health plans (medical, dental, vision, HSA, and FSA), generous PTO, paid holidays, company-paid life insurance, and a competitive 401(k) match. Because taking care of our team is just as important as taking care of our customers. If you’re looking for a place where your work truly makes a difference, we’d love to have you on board. Apply today and let’s do great things together! Job Description Longbridge is currently recruiting for an Underwriting Manager to lead our Wholesale Sale Division. This is a remote position reporting to the Director of Underwriting. Responsibilities: The Underwriting Manager will manage and lead a group of underwriters while also providing credit decisions and recommendations for complex cases. Reviews and develops all aspects of underwriting guidelines to ensure compliance with FHA, Proprietary loan programs, federal, and state regulations. Monitors processes and systems to ensure working at maximum capacity. Job Duties: Manage a team of Underwriters that underwrite for our Wholesale HECM channel Provide credit decisions and recommendations for complex situations Leads and directs the work of their team of underwriters Review and develop underwriting guidelines to ensure compliance Hire and train new underwriters to the team Interacts and collaborates with other Department Managers and Account Executives Attend scheduled Operational and daily Round Table meetings Maintain a thorough understanding of state and federal laws and regulations including but not limited to bank secrecy, anti-money laundering laws, fair lending, HMDA, ECOA, Reg Z. Qualifications Required Experience: 3-5 years proven experience in Underwriting Management, along with 3-5 years proven experience in Underwriting mortgage transactions is required. Reverse experience is required. Knowledge of Wholesale mortgage business channel. Relies on extensive experience and judgement to plan, accomplish goals, and performs a variety of tasks. Extensive knowledge of FHA HECM, and Proprietary loan programs. Must be able to read, analyze, and interpret procedures, manuals, policies, and regulations. Must be detailed and consistent with the ability to perform in a fast-paced work environment Above average oral and written communication skills. Above average customer service, and analytical skills. Ability to collaborate with sales on complex transactions and perform resolution management Ability to Coach, Mentor, and Train employees to improve Underwriting Acumen, Skill Sets and Decision making. Ability to promote and work in a team environment. Intermediate working knowledge of PC applications (Word, Excel, MS Outlook, SharePoint) Additional Information Working in a growing and dynamic industry Full benefits: Medical, Dental, Vision, FSA/HSA, and wide array of voluntary products and discounts 401(k) with company match Paid time off This is an Exempt tole Target base salary range is 110-130K which is based on various factors including skills and work experience. In addition to base salary, this role is eligible monthly production bonus LBF is an EEO/AA/Vet/Disabled Employer Please note that salaries that are estimated on various job sites may not reflect the actual compensation. Job sites, set the estimated salary, not Longbridge Financial. Important Note: When you click on a video, certain personal information may be sent to the video provider (such as YouTube, Vimeo, etc.). To learn more about our privacy practices, please review our company Privacy Notice.

Responsibilities

The Underwriting Manager will manage and lead a group of underwriters while providing credit decisions for complex cases. They will also review and develop underwriting guidelines to ensure compliance with regulations.