Staff Credit Policy Analyst – Condo, Co-op & Project Review

The role

You will lead credit policy strategy, governance, and execution for home loans. The role focuses on condominium and co-op project review strategy, including warrantable and non-warrantable programs.

What you will do

• Lead the development, governance, and continuous improvement of credit policies across home lending products.
• Own the strategy and policy framework for condominium and co-op project reviews.
• Establish policy standards aligned with risk appetite, investor requirements, and business strategy.
• Monitor changes in agency, investor, regulatory, market, and project-level risk requirements.
• Develop and maintain eligibility standards for warrantable and non-warrantable condominium and co-op projects.
• Define the risk framework for non-warrantable condominium lending.
• Translate credit policy requirements into underwriting guidance, business rules, and decision logic.
• Partner with Technology to implement policy within Encompass LOS and credit decisioning engines.
• Establish controls for condominium, co-op, and non-warrantable project review.
• Provide subject-matter expertise and mentorship to policy analysts and underwriters.

Required qualifications

• Bachelor’s degree or equivalent experience.
• 8+ years of residential mortgage experience, including significant experience in underwriting, credit policy, credit risk management, or condominium and co-op project review.
• Deep knowledge of condominium and co-op project eligibility, project review requirements, financial analysis, insurance, litigation, reserves, assessments, and project-level risk factors.
• Demonstrated experience evaluating or developing policy for non-warrantable condominium or other non-agency project lending.
• Experience interpreting and applying Fannie Mae, Freddie Mac, FHA, VA, and other investor or regulatory requirements.
• Proven ability to lead or influence credit policy across multiple mortgage products.
• Demonstrated ability to translate complex requirements into clear policy, procedures, underwriting guidance, and automated decision logic.
• Strong understanding of residential credit risk, real estate risk, collateral risk, exception management, and regulatory expectations.
• Experience partnering with Credit Operations, Underwriting, Product, Technology, Capital Markets, Legal, and Compliance teams.
• Experience working with Encompass LOS, project review platforms, credit decisioning systems, or similar technology.
• Strong analytical, organizational, documentation, and problem-solving skills.
• Excellent communication and presentation skills.

Nice to have

• Experience leading condominium, co-op, non-warrantable, or project review policy at a bank, mortgage lender, agency, investor, or mortgage servicer.
• Experience with agency project review tools and methodologies, including CPM or comparable project review platforms.
• Experience developing risk-based project review, delegation, exception, or escalation frameworks.
• Experience supporting portfolio or non-agency condominium lending strategies.
• Experience evaluating project-level concentration, marketability, legal, insurance, structural, or financial risks.
• Experience supporting OCC examinations, investor reviews, internal audits, or regulatory remediation.
• Experience leading policy modernization, credit transformation, or digital underwriting initiatives.
• Familiarity with model governance, risk-control frameworks, automated decisioning, and policy implementation technologies.
• Strong data fluency using Excel, Tableau, SQL, or similar tools.
• Demonstrated ability to use data and portfolio performance insights to drive policy recommendations and executive decision-making.

About the company

SoFi is a next-generation financial services company and national bank using innovative, mobile-first technology to help its members reach their goals.