VP. Correspondent Lending

Overview

ABOUT US

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.

OUR TEAM

The Correspondent Lending team supports Bayview’s mortgage business by building and managing relationships with mortgage banking clients whose products and processes align with company guidelines.

The team works closely with prospective and established clients to communicate Bayview’s mortgage products and fulfillment services, support client approval and contracting, and generate loan purchase opportunities.

Our work requires strong knowledge of mortgage products, underwriting guidelines, compliance requirements, and evolving business and regulatory conditions, and using that knowledge to develop strong business to business relationships.

If you are a relationship-focused mortgage professional who can work independently while collaborating across teams, this role offers an opportunity to contribute directly to client growth and portfolio activity.

POSITION SUMMARY

The Vice President, Correspondent Lending is responsible for representing the company’s mortgage products to prospective and established clients. This role sources, qualifies, and manages mortgage banking clients and applies a strong understanding of company products, policies, and guidelines in support of building and maintaining client relationships and loan purchase activity.

RESPONSIBILITIES:

• Identify mortgage banks that originate and fund mortgage products that meet company guidelines.
• Communicate and present the company’s mortgage products and fulfillment services to clients.
• Assist with the approval of clients and establishment of contracts with qualified customers.
• Develop strong business to business relationships and position the company’s products and services with new and established clients and generate loan purchases.
• Assist with ongoing client monitoring to support the counterparty risk team with company contract terms.
• Act in accordance with company policies, practices, and procedures.
• Complete special tasks assigned by the manager, as needed.

QUALIFICATIONS:

• Bachelor’s degree (BS/BA).
• Minimum of 10+ years of mortgage industry experience.
• Minimum of 3 - 5 years of correspondent business development experience.

SKILLS:

• Excellent verbal and written communication skills.
• Knowledge of FNMA, FHLMC, GNMA, FHA, and Bayview product requirements and underwriting guidelines.
• Knowledge of State Housing Finance Agency product requirements and underwriting guidelines.
• Knowledge of Non-Agency product requirements and underwriting guidelines.
• Knowledge of federal and state compliance regulations.
• Knowledge of Customer Relationship and mortgage business AI tools and usage.
• Ability to develop deep business process knowledge and remain current on business and regulatory changes.
• Ability to be self-directed and make independent decisions.
• Strong problem-solving and decision-making skills.
• Strong interpersonal skills with the ability to build and maintain internal and external business relationships.
• Ability to work effectively in a collaborative team environment.

LOCATION and COMPENSATION:

• This role will be fully remote within a Southern Texas (preferably Houston, San Antonio, or Austin areas.
• While this role is remote, it is an in-person sales role within a southern Texas area, the expectation will be regular systematic travel to client/customer sites.

*Salary may vary based on work experience, market conditions, location, and qualifications/training.

Physical Demands and Work Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and hear. The noise level in the work environment is usually moderate. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.

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.