Credit Policy Specialist NonQM at Spring EQ

OverviewSpring EQ is a national home equity lender providing flexible and tailored financing solutions directly to consumers with a national network of experienced brokers and partners. Since its founding in 2016 Spring EQ is among the fastest growing and highest-rated home equity financing partners in the United States. Spring EQ offers a broad range of home equity products and delivers a simple and streamlined process that results in faster funding trustworthy loans and less frustration for consumers today. To learn more about Spring EQ visit.At Spring EQ it is our mission to empower homeowners and buyers to achieve and maximize the value of homeownership in a simple fast and ethical manner. Our values are toBe kind and treat all people teammates customers and vendors with respect and consideration Be adaptable and embrace changeBe accountable and take responsibility and deliver the effort to fully complete the taskBe better and strive for continuous improvement in ourselves our team and the company for our customersBe part of the solution and solve problems find the answers and collaborateWork hard have fun and get things doneWe are seeking a Credit Policy Specialist responsible for developing writing and publishing credit guidelines for Spring EQ with a strong emphasis on Non-QM and alternative lending products.ResponsibilitiesThe Credit Policy Specialist is responsible for developing writing and publishing credit guidelines for Spring EQ with a strong emphasis on Non-QM and alternative lending products. This role supports the organization by researching and analyzing agency investor and proprietary Non-QM requirements maintaining policy alignment with industry updates and assisting internal teamsincluding sales management processing underwriting and closingwith policy interpretation. The specialist ensures that underwriting guidelines and credit policies are clearly understood and consistently implemented across all departments particularly for complex Non-QM scenarios.Key Responsibilities include;Maintain a robust governance framework to ensure product changesespecially Non-QM and Jumboare assessed for credit and operational risk with decisions thoroughly documentedDevelop write and revise lending technical documentation including policies procedures forms and quick-reference guides for Non-QM productsConduct in-depth analysis of Non-QM credit policies and make informed recommendations regarding underwriting strategies and product alignmentReview and update product matrices regularly ensuring accuracy for Non-QM and alternative lending programsServe as a subject matter expert (SME) on Non-QM credit policy topics to promote consistency across underwriting and sales teamsAct as the primary point of contact for internal inquiries related to Non-QM credit exceptions investor overlays and regulatory guidelinesResearch industry trends and emerging risks in the Non-QM space evaluating best practices in credit risk managementCollaborate with Product Underwriting and Compliance teams to align new or revised Non-QM products with credit policies and risk toleranceCommunicate credit policy updates professionally and clearly to support organizational transparency and enhance brand credibilityComplete special assignments as directed by managementQualificationsEducation: Bachelor degreeWork history: 710 years of mortgage underwriting experience with at least 5 years in Non-QM and Jumbo productsDeep knowledge of Non-QM guidelines investor overlays and alternative documentation programs (bank statements DSCR asset depletion etc.)Strong understanding of credit risk assessment for complex borrower profilesExcellent communication and interpersonal skills to support cross-functional collaborationExceptional organizational abilities with attention to detailProficient in Microsoft Word Excel Outlook and Teams for documentation data management communication and collaborationComfortable working in a fast-paced flexible and production-oriented environmentBenefits401k Plan offered through Fidelity Investments with company matchAnnual Charitable Matching Gift ProgramCommuter BenefitsCompany HolidaysCredit Union MembershipDental InsuranceDependent Care PlanDisability InsuranceEmployee Assistance ProgramLife InsuranceMedical InsurancePaid Time Off PlanVision InsuranceWeekly Non-Management Dinner BenefitSpring EQ is an Equal Opportunity Employer. We make all employment decisions based on merit and business needs. If you require a reasonable accommodation at any stage of the hiring or employment process please contact Required Experience:IC Key Skills Maitre,JAVA/J2EE,Invasive Cardiology,Fire Alarm Installation,Evening Employment Type : Full-Time Experience: years Vacancy: 1