What are the responsibilities and job description for the Forensic Underwriter position at Invictus Capital Partners / Verus Mortgage Capital?
Description
The Forensic Underwriter plays a critical role in protecting Verus against loan fraud, data misrepresentation, and underwriting deficiencies. This position is not part of loan production but functions as a research and investigative resource—reviewing closed loans to identify fraudulent activity, material underwriting defects, and patterns of elevated risk. The ideal candidate combines strong forensic analytical skills with deep mortgage credit and documentation knowledge. This role partners closely with the Credit Risk, Compliance, and Capital Markets teams to support loan buyback mitigation, quality control, and investor confidence.
Responsibilities and Duties:
Conduct detailed forensic reviews of closed loans to identify potential fraud, misrepresentation, or material underwriting deficiencies.- Evaluate borrower and property documentation (income, assets, occupancy, appraisal, credit, title) for inconsistencies or signs of falsification.
- Reconstruct loan decisions and re-underwrite files as needed to verify adherence to Verus and investor guidelines.
- Collaborate with QC, Credit, and Servicing teams to investigate performance anomalies or early payment defaults.
- Support post-acquisition reviews for investor repurchase demands, rebuttals, and audit defense.
- Identify patterns of fraud or recurring issues and provide feedback to improve front-end underwriting and seller approval processes.
- Maintain detailed audit trails and prepare written findings and reports for senior management and external counterparties.
- Participate in fraud trend monitoring and contribute to development of forensic review tools and fraud risk indicators.
- Synthesize findings into clear, structured summaries and present conclusions with supporting evidence. Communicate results effectively—both in writing and verbally—and defend conclusions when challenged.
Education and Experience:
- Minimum 5–7 years of mortgage underwriting, loan quality control, or forensic review experience required.
- Deep knowledge of mortgage documentation, AUS systems, and fraud detection tools (e.g., FraudGuard, LoanSafe, CoreLogic, etc.).
- Experience in post-closing or repurchase risk analysis preferred.
- Prior work in non-agency / non-QM underwriting highly desirable.
- Strong analytical, investigative, and written communication skills.
- Bachelor’s degree in finance, business, or related field preferred.
Key Competencies:
- Forensic Mindset: Strong curiosity and attention to detail, able to detect subtle inconsistencies and patterns.
- Credit Expertise: Deep understanding of income, asset, and property analysis in complex borrower situations.
- Analytical Precision: Ability to synthesize findings and articulate risk impact clearly.
- Integrity: Upholds the highest standards of objectivity and confidentiality.
- Collaboration: Works effectively with cross-functional teams in a remote or hybrid environment.
How This Role Demonstrates Our Values:
- Integrity: Maintains objectivity and confidentiality while upholding the highest ethical standards in all investigations.
- Accountability: Takes ownership of findings and communicates conclusions clearly and transparently to leadership and stakeholders.
- Excellence: Demonstrates analytical precision and attention to detail in every review to ensure Verus maintains superior loan quality.
- Collaboration: Works cross-functionally with Credit Risk, Compliance, and Capital Markets to strengthen Verus’s overall risk management framework.
- Innovation: Contributes to the enhancement of forensic review processes and fraud detection tools to improve efficiency and accuracy.
- Trust: Supports investor confidence through thorough, reliable, and defensible loan file assessments.
Benefits
- Great compensation package
- Attractive benefits plans and paid time off
- 401(k) w/ company matching
- Professional learning and development opportunities
- Tuition Reimbursement
- And much more!
Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship.
Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions.
Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions.
All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties.
Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person’s race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person’s disability or medical condition.
About Invictus Capital Partners / Verus Mortgage Capital
Verus Mortgage Capital is an independent national mortgage investor. Verus offers its Sellers
responsible non-prime and Jumbo prime lending products that fill the credit void in today’s market. Verus consistently evaluates today’s market and credible borrower financing needs to offer our partners innovative solutions. Verus Mortgage Capital is an affiliate of Invictus Capital Partners please visit our website at https://verusmc.com/.
responsible non-prime and Jumbo prime lending products that fill the credit void in today’s market. Verus consistently evaluates today’s market and credible borrower financing needs to offer our partners innovative solutions. Verus Mortgage Capital is an affiliate of Invictus Capital Partners please visit our website at https://verusmc.com/.
