Project Lead, Consumer Diligence

Credit Review

• Perform loan-level review on non-QM consumer files, covering income (full documentation as well as alternative documentation such as bank statement, P&L, and asset depletion), assets, liabilities, credit, and collateral/valuation.
• Make and defend exception decisions, including the compensating factors behind an approval.
• Interpret client scope and guidelines against applicable investor requirements, and set the review to match.
• Resolve files that fall outside guideline and the calls reviewers escalate to you.
• Keep grading consistent across a book of loans, and catch patterns that point to a systemic issue in a pool.

Client Delivery

• Run the engagement end to end: translate the client's scope and guidelines into the review and deliver on quantity, quality, and SLA.
• Communicate findings to the client and report exception and defect results to their satisfaction.
• Write the exception responses and audit responses when a client or their auditor challenges a finding.
• Serve as the client's point of contact through the review, and manage timelines with them and with internal operations, product, and compliance.
• Give the GM and internal teams a current, honest read on where each engagement stands.

Requirements

• 7+ years in residential mortgage credit, with meaningful time in TPR or loan-level due diligence.
• Recent, hands-on non-QM underwriting. You have graded files yourself in the last year, not just overseen people who do.
• Ability to make and defend exception decisions to a client or rating agency, including complex and alternative income analysis and valuation review.
• Direct experience communicating findings to clients and handling pushback on exceptions or defects.
• Working knowledge of consumer compliance as it applies to review, including high-cost tests and product-specific disclosure requirements.
• Ability to run to SLAs and competing deadlines without letting review quality slip.

Strong Pluses

• Agency, non-QM securitization, and whole-loan review experience, and familiarity with what rating agencies expect from a TPR file.
• ComplianceEase or a comparable compliance engine.
• Experience across agency guidelines (Fannie/Freddie/Ginnie) and non-QM documentation types such as bank statement and asset depletion.