VP Mortgage Risk Non-QM

Kforce has a client that is seeking a VP Mortgage Risk (Non-QM) in San Diego, CA.

Summary: The VP, Mortgage Risk (Non-QM) is responsible for leading mortgage credit policy, underwriting guidelines, and risk strategy across a diverse portfolio of lending products. This role will evaluate new and existing mortgage programs, with a strong focus on Non-QM, home equity, closed-end second, jumbo, and portfolio lending products. The VP will balance risk, product competitiveness, investor requirements, and portfolio performance while partnering with Capital Markets, Product, Underwriting, Servicing, and executive leadership.

Key Responsibilities:

• Own and maintain mortgage credit policy, underwriting guidelines, and eligibility requirements
• Develop and refine guidelines for Non-QM, home equity, closed-end second, jumbo, agency, and portfolio lending products
• Evaluate new mortgage products and recommend appropriate credit risk controls and eligibility standards
• Monitor portfolio performance, delinquency trends, fraud risk, collateral risk, and market conditions
• Recommend policy changes based on risk trends, investor requirements, and portfolio performance
• Partner with Capital Markets and Trading teams to ensure product saleability and investor alignment
• Review investor guideline updates and establish appropriate overlays and exception policies
• Provide risk analysis and recommendations on new product initiatives and portfolio strategies
• Lead, mentor, and develop a team of approximately 6-7 credit policy professionals
• Act as a player-coach by reviewing guidelines, writing policy, and helping remove operational bottlenecks when needed
• Collaborate with Product, Underwriting, Servicing, Compliance, Risk, and executive leadership teams
• Support risk committee discussions and provide recommendations regarding mortgage credit risk and product strategy