Position Summary
Stockton Mortgage Corporation is seeking a seasoned and forward-thinking Mortgage Product Development Manager to lead the strategic direction and ongoing management of our mortgage product set. This role is responsible for overseeing the end-to-end product lifecycle, including concept development, market introduction, performance optimization, and on-going maintenance. The individual will ensure all products are aligned with investor requirements, agency guidelines, and regulatory expectations, while remaining competitive in the marketplace.
As a key leader within the organization, this role serves as a central point of coordination among Sales, Capital Markets, Operations, Legal, and Compliance, ensuring products are both strategically sound and operationally executable.
Primary Duties & Responsibilities
Product Development & Portfolio Management
· Drive the strategic planning and expansion of the mortgage product suite by identifying emerging market opportunities and evolving customer needs
· Collaborate with senior Mortgage Origination leaders to define product priorities, rollout strategies, and performance benchmarks
· Oversee all phases of product development, from initial concept and business case through launch, monitoring, and maintenance
· Establish product guidelines, eligibility standards, pricing approaches (in conjunction with Sales and Capital Markets), and operational frameworks to ensure efficiency and compliance
· Act as the internal authority on mortgage products, providing guidance and expertise across the organization
Investor & Agency Engagement
· Maintain and strengthen relationships with Agency partners and investors, serving as a primary escalation and communication contact
· Develop deep expertise in conventional and government loan programs, including FNMA, FHLMC, FHA, VA, USDA, and non-agency investors
· Assess and onboard new investor relationships and product offerings to improve overall execution and competitiveness
· Oversee investor agreements and ensure alignment with institutional objectives and compliance standards
Execution & Continuous Improvement
· Lead cross-functional efforts to execute product launches, ensuring clear timelines, accountability, and communication
· Track production performance, product utilization, and market responsiveness, providing actionable recommendations
· Identify opportunities to streamline processes, improve speed to market, and increase operational effectiveness
· Ensure strict adherence to internal policies, regulatory requirements, and investor guidelines
· Support governance activities, including product approval processes and executive-level reporting
Qualifications
· 7–10+ years of mortgage industry experience, with strong expertise in:
o Capital Markets and/or Product Development and Investor Relations
· Demonstrated ability to work across departments and influence senior leaders and decision-makers
· Extensive experience managing investor and Agency recertifications end-to-end
· Proven track record of maintaining uninterrupted investor approval status
· Strong understanding of mortgage guidelines, underwriting principles, and loan salability standards
· Advanced analytical and problem-solving skills with strong attention to detail
· Excellent communication and presentation abilities, including interaction with executive stakeholders
· Ability to manage multiple high-impact initiatives in a fast-paced environment
· Proficiency with Microsoft Office tools
· Bachelor’s degree preferred
Key Attributes
· Strategic and results-oriented mindset
· Strong leadership and collaboration skills
· Commitment to operational excellence and compliance
· High level of professionalism and discretion
· Customer-focused approach
Compensation
Salary will be commensurate with experience, qualifications, and geographic location.
Pay: $110,000.00 - $125,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Work Location: Remote
