Vice President - GSE Originations Credit Policy Manager

About This Role

This role involves the daily oversight and management of GSE product credit policy, including associated change management and quality control. You will monitor changes from Fannie Mae and Freddie Mac, analyze data, and recommend credit policy adjustments to ensure compliance and consistency with credit risk tolerance.

Responsibilities

• Oversee and administrate the GSE product Credit Risk Originations Change Management process
• Monitor publications from Fannie Mae and Freddie Mac for guideline/requirement changes and determine the impact to Indecomm
• Gather, investigate, review additional information, and conduct research as necessary to ensure compliance with investor requirements
• Recommend credit policy changes based on investor updates, QC defect rate trends, investor exam findings, emerging delinquency trends, or other relevant data
• Manage GSE product guidelines and Indecomm Underwriting Manual updates, draft internal and external announcements, and handle other artifacts related to the changes
• Coordinate the distribution and publication (internal and external) of applicable changes
• Update Indecomm Credit Risk Management policies and procedures and Quality Control scope of review; review business unit policies and procedures and provide suggested changes if needed
• Consult and confer with senior leadership within Credit Policy and effectively implement resulting direction and feedback
• Introduce GSE product credit policy changes to production staff, and be capable of interpreting, debating, and defending policy positions with professionalism and resilience
• Act as back-up to the Government-insured and Non-Agency Credit Policy Managers

Requirements

• Excellent working knowledge of Fannie Mae and Freddie Mac guidelines and how to apply them in a credit risk environment
• Excellent working knowledge of DU and LPA, and manual underwriting requirements
• Excellent working knowledge of GSE applications such as DU Validation Service, AIM, CPM, CPA, CU, LCA, Value Acceptance, ACE, and income calculators
• Minimum five years of mortgage underwriting experience for GSE programs
• Previous GSE origination credit policy and change management experience
• Good working knowledge of government-insured programs and TOTAL and VA AUS engines
• Bachelor’s degree or equivalent mortgage industry experience
• Highly proficient in Microsoft Office and Google Applications
• Excellent written, verbal, and interpersonal communication skills

Qualifications

• Bachelor’s degree or equivalent mortgage industry experience
• Minimum five years of mortgage underwriting experience for GSE programs

Skills

* Required skills