Mortgage Underwriting Policy SME

Role Overview

As Mortgage Underwriting Policy SME, you will serve as the subject-matter authority for U.S. residential mortgage underwriting policies and guidelines across Product, Engineering, AI, and Operations.

You will bring deep, hands-on underwriting expertise to help define, validate, and operationalize mortgage underwriting policies within the JazzX Mortgage Application. The role requires strong knowledge of Fannie Mae, Freddie Mac, FHA, VA, USDA, AUS findings, underwriting exceptions, compensating factors, and mortgage underwriting workflows.

You will work closely with Product, Engineering, AI, and Operations teams to translate complex underwriting policies into actionable rules, validate AI-generated underwriting decisions, and ensure that the product accurately reflects real-world mortgage underwriting practices.

This is a hands-on SME role requiring strong underwriting judgment, policy interpretation, analytical thinking, and the ability to work directly with U.S.-based stakeholders and clients.

What We re Looking For

Required Qualifications

• 10+ years of hands-on U.S. residential mortgage underwriting experience, preferably in senior, specialist, or policy-focused roles.
• Deep and current knowledge of Fannie Mae and Freddie Mac underwriting guidelines.
• Strong understanding of residential mortgage underwriting policies, guidelines, workflows, and decision-making.
• Experience interpreting AUS findings, underwriting conditions, exceptions, compensating factors, and overrides.
• Strong experience handling complex underwriting scenarios and applying appropriate policy interpretation.
• Hands-on experience with Encompass or other major mortgage LOS platforms.
• Ability to translate complex underwriting policies into clear, actionable business rules and decision logic.
• Strong analytical and problem-solving skills with a validation-oriented mindset.
• Excellent written and verbal communication skills.
• Ability to work effectively with Product, Engineering, AI/Data Science, Operations, and U.S.-based clients/stakeholders.

Preferred Qualifications

• Experience with FHA, VA