Job Description

Description

The Credit Policy Specialist is responsible for developing, writing, and publishing credit guidelines for the company. This role supports the organization by researching and analyzing agency and investor requirements, maintaining policy alignment with industry updates, and assisting internal teams—including sales management, processing, underwriting, and closing—with policy interpretation. The specialist ensures that underwriting guidelines and credit policies are clearly understood and consistently implemented across all departments.

ESSENTIAL DUTIES and RESPONSIBILITIES:

• Maintain a strong governance framework to ensure product changes are assessed for credit and operational risk, with decisions thoroughly documented.
• Develop, write, and revise lending technical documentation, including policies, procedures, forms, and quick-reference guides.
• Conduct analysis of credit policies and make informed recommendations regarding underwriting strategies and product alignment.
• Review product matrices regularly to ensure accuracy and update them as needed.
• Serve as a subject matter expert on credit policy topics to promote consistency across the underwriting department.
• Act as the primary point of contact for internal inquiries related to credit exceptions, investor requirements, and regulatory guidelines.
• Research industry trends and emerging risks, particularly in the Non-QM space, and evaluate best practices in credit risk management.
• Collaborate with Product, Underwriting, and Compliance teams to align new or revised products with credit policies and risk tolerance.
• Communicate credit policy updates professionally and clearly to support organizational transparency and enhance brand credibility.
• Complete special assignments as directed by management.

QUALIFICATIONS AND EXPERIENCE:

• 7–10 years of experience in mortgage underwriting.
• Deep knowledge of agency, government, Non-QM, and Jumbo loan products.
• Strong customer service, interpersonal, and communication skills.
• Excellent organizational abilities with attention to detail.
• Intermediate proficiency with Microsoft Word, Excel, and email systems.
• Comfortable working in a fast-paced, flexible, and production-oriented environment.
• Demonstrated integrity and ability to handle confidential information with discretion.

SUPERVISORY RESPONSIBILITIES:

Direct Reports: None

PHYSICAL and ENVIRONMENTAL CONDITIONS:

This role operates in an ADA compliant office environment, utilizing typical office equipment and tasks including computer work. The position may involve partial stationary positions and moving throughout the day. Flexibility to work overtime to meet project deadlines is required.

COMPENSATION:

CMG pays a competitive salary which ranges from $100,000 - $115,000. Factors that affect base salary may include: Underwriter experience and knowledge of Government, Jumbo and Non-QM loans. Overall knowledge, number of years worked in the mortgage industry, types of roles performed, computer skills, experience specific to working with mortgage lenders, and education.

CMG Financial is an equal opportunity employer and does not unlawfully discriminate in employment decisions. CMG will consider all qualified applicants without regard to race, religion, national origin, sex, age, veteran status, disability, familial status, marital status, actual or perceived sexual orientation, or actual or perceived gender identity. Applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of CMG Financial or reach out to [email protected].

CMG MORTGAGE, INC. NMLS #1820 If you are a recruiter or placement agency, please do not submit resumes to any person or email address at CMG Financial prior to having a signed agreement . CMG Financial is not liable for and will not pay placement fees for candidates submitted by any agency other than its approved recruitment partners. Furthermore, any resumes sent to us without an agreement in place will be considered your company’s gift to CMG Financial and may be forwarded to our recruiters for their attention.

Job Tags

Similar Jobs