Are you ready to advance your career in a dynamic, industry-leading environment? Join NQM Funding, LLC, a top secondary market investor renowned for our expertise and innovation in the Non-QM space. We operate both wholesale and correspondent channels, backed by our strong partnership with a global investment management firm. At NQM Funding, LLC, offer cutting-edge programs, exceptional service, and highly competitive pricing.

By joining our team, you’ll have the opportunity to work with a focused and passionate group of professionals who are committed to shaping the future of Non-QM lending. We offer an environment where your expertise is valued and your career aspirations can flourish. If you’re looking for a place to grow and make a tangible impact in the industry, NQM Funding, LLC is the perfect fit for you. Apply now to be part of a company that’s redefining excellence in Non-QM lending!

Our Corporate Headquarters is looking to hire a Non-QM Credit Standards Underwriter.

ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 50 MBPS.

Job Title: Non-QM Credit Standards Underwriter

Reports To: Credit Standards Manager

FLSA Status: Non-exempt

Department: TPO Underwriting

Division: TPO

Salary Range: $95K to $115K per year

Summary: Responsible for assisting in ensuring the staff underwrites loans in accordance with underwriting guidelines while adhering to company policy and procedures all while maintaining excellent customer service.

Duties and Responsibilities:

• Responsible for completing second level review of loans for new and existing underwriters for new products and/or loans outside of their lending authority. Loans must be reviewed, and feedback provided within the required SLAs.
• Providing loan level feedback to underwriting during the second review process, and assisting them with their questions on programs, guidelines and LOS usage as they work towards obtaining credit authority.
• Successfully onboard new underwriting and PFQC team members including mentoring and training on NQM Funding’s guidelines, policies/procedures, and LOS usage.
• Work with post-closing and channel leadership to cure investor suspense’s and provide coaching and guidance back to the underwriting teams as needed.
• Assist in testing of new functionality within our LOS.
• May, on occasion, complete thorough manual analysis of mortgage loan files and their conditions to determine compliance with company and investor guidelines and matrices to ensure salability of closed loans to help keep underwriting teams within established turn time/SLA requirements.
• Maintain thorough working knowledge of Non-QM, TPO and/or NDC guidelines and policies.
• Performs other related duties as assigned.

Skills:

• Math and critical thinking skills
• Financial analysis
• Ability to analyze complex Corporate Tax Returns
• Strong Communication skills
• Ability to adapt to technology
• Working knowledge of Microsoft office

Education/Experience:

• 5+ years prior underwriting experience
• Non-QM underwriting experience preferred
• Bachelor’s Degree preferred

NQM Funding, LLC offers the following benefits:

• Medical Plan
• Dental Plan
• Vision Plan
• GAP Insurance
• Life Insurance paid by the company
• Voluntary Life Insurance
• 401K
• Pet Insurance
• Legal Shield/ID Shield

Equal Employment Opportunity:

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.