Non-QM Exception Desk Underwriter

Career Opportunities with NQM Funding, LLC

A great place to work.

Are you ready to advance your career in a dynamic, industry-leading environment? Join NQM Funding, LLC, a top secondary market investor renowned for our expertise and innovation in the Non-QM space. We operate both wholesale and correspondent channels, backed by our strong partnership with a global investment management firm. At NQM Funding, LLC, we offer cutting‑edge programs, exceptional service, and highly competitive pricing.

By joining our team, you’ll have the opportunity to work with a focused and passionate group of professionals who are committed to shaping the future of Non‑QM lending. We offer an environment where your expertise is valued and your career aspirations can flourish. If you’re looking for a place to grow and make a tangible impact in the industry, NQM Funding, LLC is the perfect fit for you.

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The TPO Underwriting Department is looking to hire a Non‑QM Exception Desk Underwriter
.

ALL REMOTE POSITIONS REQUIRE A DOWNLOAD SPEED OF NO LESS THAN 100 MBPS.

Job Title: Non‑QM Exception Desk Underwriter

Reports To: AVP Non‑QM Credit Risk

FLSA Status:
Non‑Exempt

Division:
TPO

Salary Range: $90K to $110K per year

Summary: Responsible for reviewing exception requests, gathering sufficient compensating factors, and making recommendations to Credit Leadership on exception requests. In addition, the Exception Desk Underwriter may be asked to review various loan components such as entity vesting documents, Power of Attorneys and Trusts. Finally, the Exception Desk Underwriter may help to resolve post‑closing underwriting related issues.

• Review Exception Requests and ensure sufficient compensating factors are identified for exception consideration, ensuring the Exception Request form is accurately completed, and approving exception requests within authority and/or escalating for leadership review
• Working with sales and operations partners on viability of exception requests and providing guidance on how to best structure a loan to obtain an exception.
• Reviewing entity documents to ensure all documents are present and executed property to comply with guidelines.
• Review Power Of Attorney requests to ensure compliance with guidelines.
• Review Trust Documentation to ensure compliance with guidelines.
• Provide rebuttals to investor conditions. Assist in obtaining necessary documents from TPOs as needed to satisfy investor requirement.
• Respond to audits and post‑closing issues in a timely manner
• Maintain working knowledge of Non‑QM/TPO guidelines and policies.
• Performs other related duties as assigned.

• Math and critical thinking skills
• Strong Communication Skills
• Ability to apply a flexible approach when problem solving
• Financial analysis
• Ability to analyze complex Corporate Tax Returns

Degree:
High School Diploma or Equivalent. 5+ years Non‑QM underwriting experience required.

• Medical Plan
• Vision Plan
• GAP Insurance
• Life Insurance paid by the company
• Voluntary Life Insurance
• 401K
• Pet Insurance
• Legal Shield/d

NQM Funding, LLC management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment.

NQM Funding, LLC will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

NQM Funding, LLC will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to NQM Funding, LLC.