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Bayview Fund Management, LLC

Non-Agency Underwriter

Bayview Fund Management, LLC, Denver, Colorado, United States, 80285

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Overview Founded in 1993, Bayview Asset Management is an investment management firm focused on investments in mortgage and consumer credit, including whole loans, asset-backed securities, mortgage servicing rights, and other credit-related assets.

POSITION SUMMARY The candidate must have extensive experience reviewing DSCR, jumbo, and bank statement loans. This individual will be responsible for managing a pipeline and working directly with sellers to resolve conditions. In addition, responsibilities will include working closely with capital markets and credit policy teams to ensure loans are purchased in accordance with Bayview’s origination and purchase policies and with the underwriting team to ensure consistency amongst credit decisions.

Essential DUTIES AND RESPONSIBILITIES The following job functions are not all-inclusive. The employee will be required to perform other job-related tasks/responsibilities as requested. Job duties may change as required by needs of company.

Provide eligibility support to a network of correspondent sellers

Approve exceptions as authorized

Foster strong relationships with sellers’ underwriting and post-closing teams

Work with sellers to clear due diligence conditions

Ensure loan documents are accurate, complete, and sufficient to clear all conditions for final loan approval

Review and evaluate loan files for risk issues and potential for fraud/misrepresentation

Analyze appraisals for valuation accuracy

Any other assigned duties from management as necessary

SKILLS/KNOWLEDGE/ABILITIES

Extensive knowledge of Mortgage Banking practices, procedures, and laws

Strong understanding of the operational responsibilities involved in the purchase and sale/securitization of whole loan assets as it pertains to credit quality

Comfortable negotiating complex issues and problem solving

Working knowledge of Word, Excel, Power Point

Effective verbal and written communications, including active listening and presenting findings and recommendations

Ability to establish and maintain working relationships with co-workers, staff, and external contacts

Work effectively in a professional team environment

EDUCATION and EXPERIENCE

Minimum 6 years’ experience in an underwriting or underwriting auditor role

Compensation and location

This is a hybrid position based in Bayview's Denver, CO office

Base compensation is expected to be $90,000-$100,000

EEOC Bayview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.

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