Risk Management Specialist

Risk Management Specialist

Be part of a team that's committed to making a difference. We believe in our work and our customers.

As a Risk Management Specialist, you will protect the business by managing risk operations, handling audits, and navigating complex loan reviews. Working closely with branch personnel, borrowers, corporate partners, and external vendors, you will play a critical role in resolving investor and agency inquiries while safeguarding our financial position.

What you will do:

• Manage and resolve investor and agency audit appeals, including Early Payment Default (EPD) audits, post-purchase reviews, indemnification requests, make-whole demands, and repurchases.
• Handle self-reporting obligations to investors, agencies, and servicers.
• Analyze complex loan defects and determine the appropriate corrective actions.
• Keep the Risk Position Database accurate, updated, and properly reserved.
• Collaborate with the Vice President of Risk Management and the Legal Department on regulatory compliance audits, investigations, and litigation support alongside outside counsel.
• Partner with the Suspense Clearing and Shipping/Collateral departments to resolve pre- and post-purchase issues.

What we are looking for:

• 4+ years of hands-on experience in mortgage underwriting and quality control.
• In-depth understanding of mortgage lending operations, procedures, and regulatory frameworks.
• Comprehensive knowledge of conventional, FHA, USDA, and VA loan programs, as well as current investor guidelines.
• Demonstrated history of analyzing complex data, applying critical thinking, and making sound business decisions.
• Proven background in research, problem-solving, and managing professional relationships across internal and external teams.
• Strong multitasking skills with the ability to meet tight deadlines in a fast-paced environment.

Fairway Home Mortgage, founded in 1996, is a nationwide leader in the mortgage industry. Customer service is at the heart of everything we do. We deliver personalized loan solutions with some of the fastest turn times in the industry. Our mission is to act as trusted advisors, guiding clients through every step of the mortgage process to exceed expectations and ensure satisfaction.

Our culture promotes innovation, growth, and collaboration, offering exciting career paths and professional development. Whether you're starting out or advancing your career, Fairway is a place where your skills and ambitions can thrive.