Mortgage Product Risk Manager
Are you an experienced risk management professional looking for a new challenge? Do you have a strong understanding of mortgage products and their associated risks? If so, Regions Financial Co. is seeking a Mortgage Product Risk Manager to join our team. In this role, you will play a critical role in developing and implementing risk management strategies for our mortgage products. We are looking for a highly analytical and detail-oriented individual with a deep knowledge of the mortgage industry and regulations. If you are passionate about managing risk and ensuring the success of mortgage products, we want to hear from you. Join us at Regions Financial Co. and be a part of a dynamic and growing organization.
- Develop and implement risk management strategies for mortgage products.
- Conduct thorough analysis of mortgage products and identify potential risks.
- Stay up-to-date on industry regulations and ensure compliance with all applicable laws and guidelines.
- Collaborate with cross-functional teams to identify and mitigate potential risks associated with mortgage products.
- Monitor and evaluate the performance of existing mortgage products and make recommendations for improvements.
- Develop and maintain risk management policies and procedures.
- Conduct risk assessments and provide recommendations for risk mitigation.
- Communicate risk management strategies and findings to upper management and other stakeholders.
- Participate in the development of new mortgage products, ensuring that potential risks are identified and addressed.
- Provide guidance and support to other departments on risk management related matters.
- Continuously monitor and report on the effectiveness of risk management strategies and make adjustments as needed.
- Proactively identify emerging risks in the mortgage industry and develop strategies to mitigate them.
- Lead and conduct risk mitigation trainings for employees.
- Foster a culture of risk awareness and compliance within the organization.
- Act as a subject matter expert on mortgage product risk management and provide guidance and recommendations as needed.
Strong Understanding Of Mortgage Products: The Ideal Candidate For This Role Should Have A Deep Knowledge And Understanding Of Various Mortgage Products, Including Conventional, Fha, Va, And Jumbo Loans. This Will Enable Them To Effectively Assess And Manage Risks Associated With These Products.
Experience In Risk Management: A Successful Mortgage Product Risk Manager Should Have Several Years Of Experience In Risk Management, Preferably Within The Financial Services Industry. They Should Be Able To Identify Potential Risks And Develop Strategies To Mitigate Them.
Knowledge Of Regulatory Requirements: The Mortgage Industry Is Highly Regulated, And A Mortgage Product Risk Manager Should Have A Strong Understanding Of Federal And State Regulations Related To Mortgage Products. This Includes Knowledge Of Laws Such As The Truth In Lending Act And The Real Estate Settlement Procedures Act.
Analytical And Problem-Solving Skills: Effective Risk Management Requires Strong Analytical Skills To Identify Potential Risks And Develop Strategies To Mitigate Them. The Ideal Candidate Should Also Have Excellent Problem-Solving Skills To Address Any Issues That May Arise.
Communication And Leadership Abilities: As A Mortgage Product Risk Manager, The Candidate Will Be Required To Communicate With Various Stakeholders, Including Senior Management, Regulators, And Other Departments Within The Organization. Therefore, Strong Communication And Leadership Abilities Are Essential For Success In This Role.
Product Development
Process Improvement
Strategic Planning
Project Management
Data Analysis
Market Research
Financial forecasting
Compliance Management
Risk assessment
Risk Mitigation
Product analysis
Regulatory Knowledge
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Organization
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Mortgage Product Risk Manager in Birmingham, AL, USA is between $80,000 and $120,000 per year. However, this can vary depending on factors such as experience, skills, and the specific company and industry. Factors such as bonuses, benefits, and other compensation may also impact the overall salary for this role. It is best to research specific job listings and company salary information to get a more accurate understanding of the salary range for this position in Birmingham, AL.
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Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services.
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