Plaza Home Mortgage, Inc.
VP, Non-QM Product Manager
Plaza Home Mortgage, Inc., San Diego, California, United States, 92121
Founded in 2000, Plaza Home Mortgage, Inc. is a privately owned, full-service national lender, offering Wholesale, Correspondent, Renovation and Reverse residential mortgages. Headquartered in San Diego, California, Plaza employs a network of sales associates to serve its clients nationwide.
Plaza is dedicated to building quality, long-term relationships with its mortgage broker and correspondent clients by offering comprehensive programs and exceptional customer experience.
The Vice President, Non-QM will be overseeing the sales and underwriting support of Plaza's Non-QM programs, including providing educating, training and marketing of Plaza's Non-QM and DSCR programs to Underwriters, Account Executives and clients. Additionally the VP Non-QM will act as the liaison between Plaza's Underwriters and investors for exceptions and overall product support. Key responsibilities would include market research, product strategy development with SVP, Secondary Marketing, collaboration with underwriting and sales teams, and ensuring compliance with relevant regulations This role is full-time, exempt and reports to the SVP, Secondary Marketing.
Responsibilities and Duties
Develop and execute a comprehensive product strategy for promoting and educating associates and clients on Plaza's Non-QM loan offerings, including pricing, features, and target market positioning. Work directly with sales management and marketing to develop a Non-QM marketing strategy. Develop and administer on-going product education program for Underwriters, Account Executives and clients. Lead exception review process including point of contact for underwriting and investor. Work with post-closing team to resolve investor suspense issues. Monitor industry trends and regulatory changes impacting the Non-QM market Collaborate with SVP, Secondary Marketing/Product Development to design new Non-QM loan products that meet market demands and regulatory requirements. Collaborate with SVP, Secondary Marketing/Product Development to identify and implement product specifications, eligibility criteria, and underwriting guidelines for Non-QM loans. Develop product launch plans, including marketing materials and sales training programs. Create and nurture and environment that provides clear and consistent feedback and answers from Underwriters and investors to Underwriters, Account Executives, and clients. Effectively collaborate with cross-functional teams including sales, underwriting, operations, marketing, and compliance.
Required Skills
Deep understanding of the mortgage lending landscape, including loan origination, underwriting, and regulatory requirements, with a specific focus on Non-QM and DSCR loan programs. Proven track record of leading a specialty product-related team, preferably within the Non-QM space. Excellent communication skills. Work directly with SVP, Product Development and Chief Underwriter to manage credit risk associated with Non-QM loans by implementing appropriate underwriting guidelines commensurate with Plaza's risk profile while meeting the demands of the competitive marketplace.
Plaza offers a competitive benefits package; including medical/dental/vision, paid time off and holidays, 401(k), life and pet insurance. Plaza also offers additional benefits such as an employee friends and family loan and an employee assistance program that includes a variety of discounted services.
Plaza is an EEOC employer and follows all federal, state, and local laws relating to fair employment.
Plaza Home Mortgage, Inc. is committed to preventing, stopping and remedying all forms of discrimination that occur in its workplace. Managers are accountable for keeping Plaza's workplace free from discrimination and ensuring that Plaza provides equal employment opportunity for all in the workforce and for those seeking to become members of Plaza's workforce.
Plaza's employees are protected by laws designed to protect employees from discrimination on the bases of race, religion, color, sex, pregnancy, gender identity, sexual orientation, parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or any other non-merit based factor. These protections extend to all management practices and decisions, including recruitment and hiring practices, appraisal systems, promotions, and training and career development programs. Plaza's employees are also protected against retaliation if they engage in a protected activity, whistleblowing, or the exercise of any appeal or grievance right provided by law.
This information is provided by Plaza Home Mortgage, Inc. as a courtesy to its mortgage professional clients and the public and is meant for instructional purposes only. None of the information provided is intended to be legal advice in any context. Plaza does not guarantee, warrant, ensure or promise that information provided is accurate. Terms and conditions of programs and guidelines are subject to change at any time without notice. Any unauthorized use or distribution of this information is strictly prohibited. This is not a commitment to lend. ® 2024 Plaza Home Mortgage, Inc. Plaza Home Mortgage and the Plaza Home Mortgage logo are registered trademarks of Plaza Home Mortgage, Inc. All other trademarks are the property of their respective owners. All rights reserved. Plaza Home Mortgage, Inc. is an Equal Housing Lender. Plaza NMLS 2113
Please find our updated Privacy Policy at:
https://www.plazahomemortgage.com/privacypolicy/
Cigna's Transparency in Coverage link for Plaza's careers site.
https://www.cigna.com/legal/compliance/machine-readable-files
Plaza NMLS 2113 https://www.nmlsconsumeraccess.org/
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Plaza is dedicated to building quality, long-term relationships with its mortgage broker and correspondent clients by offering comprehensive programs and exceptional customer experience.
The Vice President, Non-QM will be overseeing the sales and underwriting support of Plaza's Non-QM programs, including providing educating, training and marketing of Plaza's Non-QM and DSCR programs to Underwriters, Account Executives and clients. Additionally the VP Non-QM will act as the liaison between Plaza's Underwriters and investors for exceptions and overall product support. Key responsibilities would include market research, product strategy development with SVP, Secondary Marketing, collaboration with underwriting and sales teams, and ensuring compliance with relevant regulations This role is full-time, exempt and reports to the SVP, Secondary Marketing.
Responsibilities and Duties
Develop and execute a comprehensive product strategy for promoting and educating associates and clients on Plaza's Non-QM loan offerings, including pricing, features, and target market positioning. Work directly with sales management and marketing to develop a Non-QM marketing strategy. Develop and administer on-going product education program for Underwriters, Account Executives and clients. Lead exception review process including point of contact for underwriting and investor. Work with post-closing team to resolve investor suspense issues. Monitor industry trends and regulatory changes impacting the Non-QM market Collaborate with SVP, Secondary Marketing/Product Development to design new Non-QM loan products that meet market demands and regulatory requirements. Collaborate with SVP, Secondary Marketing/Product Development to identify and implement product specifications, eligibility criteria, and underwriting guidelines for Non-QM loans. Develop product launch plans, including marketing materials and sales training programs. Create and nurture and environment that provides clear and consistent feedback and answers from Underwriters and investors to Underwriters, Account Executives, and clients. Effectively collaborate with cross-functional teams including sales, underwriting, operations, marketing, and compliance.
Required Skills
Deep understanding of the mortgage lending landscape, including loan origination, underwriting, and regulatory requirements, with a specific focus on Non-QM and DSCR loan programs. Proven track record of leading a specialty product-related team, preferably within the Non-QM space. Excellent communication skills. Work directly with SVP, Product Development and Chief Underwriter to manage credit risk associated with Non-QM loans by implementing appropriate underwriting guidelines commensurate with Plaza's risk profile while meeting the demands of the competitive marketplace.
Plaza offers a competitive benefits package; including medical/dental/vision, paid time off and holidays, 401(k), life and pet insurance. Plaza also offers additional benefits such as an employee friends and family loan and an employee assistance program that includes a variety of discounted services.
Plaza is an EEOC employer and follows all federal, state, and local laws relating to fair employment.
Plaza Home Mortgage, Inc. is committed to preventing, stopping and remedying all forms of discrimination that occur in its workplace. Managers are accountable for keeping Plaza's workplace free from discrimination and ensuring that Plaza provides equal employment opportunity for all in the workforce and for those seeking to become members of Plaza's workforce.
Plaza's employees are protected by laws designed to protect employees from discrimination on the bases of race, religion, color, sex, pregnancy, gender identity, sexual orientation, parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or any other non-merit based factor. These protections extend to all management practices and decisions, including recruitment and hiring practices, appraisal systems, promotions, and training and career development programs. Plaza's employees are also protected against retaliation if they engage in a protected activity, whistleblowing, or the exercise of any appeal or grievance right provided by law.
This information is provided by Plaza Home Mortgage, Inc. as a courtesy to its mortgage professional clients and the public and is meant for instructional purposes only. None of the information provided is intended to be legal advice in any context. Plaza does not guarantee, warrant, ensure or promise that information provided is accurate. Terms and conditions of programs and guidelines are subject to change at any time without notice. Any unauthorized use or distribution of this information is strictly prohibited. This is not a commitment to lend. ® 2024 Plaza Home Mortgage, Inc. Plaza Home Mortgage and the Plaza Home Mortgage logo are registered trademarks of Plaza Home Mortgage, Inc. All other trademarks are the property of their respective owners. All rights reserved. Plaza Home Mortgage, Inc. is an Equal Housing Lender. Plaza NMLS 2113
Please find our updated Privacy Policy at:
https://www.plazahomemortgage.com/privacypolicy/
Cigna's Transparency in Coverage link for Plaza's careers site.
https://www.cigna.com/legal/compliance/machine-readable-files
Plaza NMLS 2113 https://www.nmlsconsumeraccess.org/
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.