Assistant Vice President of Correspondent Production

Benefits

Additional Information

🏡 About Us At eLEND, we're modernizing mortgage - combining deep industry expertise with smart automation and scalable operations to deliver high-quality, compliant loan solutions. We operate with a strong emphasis on risk management, operational excellence, and cross-functional alignment. Our teams are built on accountability, precision, and a shared commitment to delivering market-ready, investor-compliant loans. ✨ Why This Role Matters As the Assistant Vice President of Correspondent Production , you serve as a critical control point within the correspondent channel - acting as the final authority on loan purchase eligibility, quality, and compliance. This role directly impacts risk exposure, investor confidence, and loan salability. You will lead both strategy and execution across correspondent purchase reviews and post-closing functions, ensuring operational rigor while partnering cross-functionally to drive consistency, efficiency, and compliance at scale. 🛠️ Key Responsibilities Lead and oversee correspondent loan purchase reviews across delegated and non-delegated channels. Serve as the final decision-maker on loan purchase eligibility, suspense conditions, and defect resolution. Ensure all loans meet investor, agency, regulatory, and internal policy requirements prior to purchase and delivery. Provide executive oversight across post-closing operations, including collateral, final documents, MERS compliance, and custodian relationships. Act as the primary escalation point for complex loan reviews, documentation issues, and post-closing challenges. Partner with Capital Markets to align on loan purchase decisions, delivery timelines, and investor expectations. Collaborate with Compliance and Legal to interpret guidelines, correspondent agreements, and regulatory requirements. Analyze correspondent review data to identify trends, systemic risks, and opportunities for process improvement. Lead performance and quality discussions with correspondent lenders, including findings, remediation, and expectations. Support internal audits, regulatory exams, and investor due diligence efforts tied to correspondent production. Develop and enhance policies, procedures, and job aids governing correspondent review and post-closing workflows. Provide leadership, mentorship, and direction to teams supporting correspondent review and post-closing operations. 🎯 What You Bring 10+ years of progressive mortgage operations experience, with deep experience or understanding of correspondent lending, purchasing experience. Proven leadership experience managing correspondent loan purchase reviews across delegated and non-delegated channels. Strong post-closing expertise, including collateral management, final documents, MERS processes, and custodian oversight. Comprehensive knowledge of investor and agency guidelines, including FNMA, FHLMC, GNMA, FHA, VA, and USDA. Demonstrated experience handling escalations involving complex or high-risk loan scenarios. Strong executive presence with the ability to communicate risk, trends, and recommendations to senior stakeholders. Advanced analytical, organizational, and problem-solving capabilities. Ability to influence cross-functional partners and drive alignment across teams. Experience working with loan origination systems, document platforms, and MERS (preferred). Background in audit, quality control, or operational risk management (preferred). 📆 A Day in the Life Your day may include: Reviewing complex correspondent loans and making final purchase eligibility decisions. Resolving escalations related to collateral, documentation, or compliance defects. Partnering with Capital Markets on loan delivery readiness and investor expectations. Meeting with Compliance and Legal to interpret evolving regulatory or investor guidelines. Analyzing defect trends and implementing process improvements to mitigate risk. Leading discussions with correspondent lenders to address performance and quality concerns. Supporting audit requests or preparing for investor due diligence reviews. Coaching and guiding team members across correspondent review and post-closing functions 💼 Worksite Fully Remote This role operates in a highly collaborative environment, partnering across Capital Markets, Compliance, Legal, and Operations. Work arrangements may vary based on business needs, with a focus on accessibility and cross-functional alignment. Regular communication via phone, video, and email. Ability to review detailed loan documentation and data with high accuracy. Reasonable accommodations available as needed. 💰 Compensation & Benefits $90K-$110K base/ plus leadership incentive plan Comprehensive health, dental, and vision coverage 401(k) plan Paid time off and company holidays Leadership development and advancement opportunities Access to tools and resources to support operational excellence 🌈 Equal Opportunity for All At eLEND, we are committed to

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