Non-Delegated Underwriter Vice President, Residential Credit

Non-Delegated Underwriter Vice President, Residential Credit

Job Category: Investments

Requisition Number: NONDE
001140

• Posted :
  August 12, 2026
• Full-Time
• Hybrid

Showing 1 location

Annaly Dallas Office
Irving, TX 75039, USA

Annaly Capital Management, Inc. (“Annaly” or, together with its wholly-owned subsidiaries, the “Company”), is a publicly traded real estate investment trust (REIT) with investment strategies across mortgage finance. Its common stock is listed on the New York Stock Exchange under the symbol “NLY”. Annaly’s wholly-owned subsidiaries include several regulated and licensed entities, including Annaly Credit Opportunities Management LLC, an SEC registered investment adviser (“ACOM”), Arcola Securities, Inc.,

a FINRA member broker-dealer (“Arcola”) and, Onslow Bay Financial LLC, a mortgage aggregator and master servicer (“Onslow Bay”). The Company is headquartered in New York, NY with an additional office in the Dallas-Fort-Worth Metropolitan Area.

Annaly is seeking a Non-QM Mortgage Underwriter Vice President with significant Non-QM experience to join the Residential Credit team in Dallas, TX (or Remote). This candidate will focus on our Non-Delegated mortgage channel, managing our vendors and communicating with our vast network of sellers.

The ideal candidate will have 8+ years of relevant credit experience in Non-QM underwriting and/or scenario desk experience. In addition, they should have the ability to make credit decisions/help assist the Onslow Bay contract underwriters, closely interact with our correspondent partners and monitor market underwriting guidelines.

• Serve as the primary liaison between Onslow Bay and third-party diligence providers
• Review diligence findings for completeness, accuracy, and consistency
• Resolve escalated conditions, credit exceptions, and guideline interpretation questions
• Perform manual underwriting reviews and render credit decisions on Non-QM loan products, including Bank Statement, DSCR, Asset Utilization, Full Documentation, P&L, Etc.
• Analyze borrower income, assets, credit, collateral and overall ability-to-repay
• Identify layered risk and provide appropriate mitigating factors and justification
• Issue final approval and Clear-to-Close decisions
• Prioritize and manage high-priority and rush loan requests
• Build strong relationships with sellers and provide excellent customer service and communication
• Thorough understanding of condominium complex reviews with the ability to review condo questionnaires, financials, inspections, and various non-warrantable features ultimately to ascertain the level of risk for purchase.

Basic Qualifications
:

• 8+ years of relevant credit experience in Non-QM
• Bachelor’s Degree preferred
• Mortgage Loan Originator (MLO) license preferred
• Preference given to candidates that have a NY State MLO License

Desired Characteristics
:

• Ability to manage multiple projects at a time and prioritize accordingly
• Ability to effectively communicate, both written and verbally, with Senior Management regarding the progress and results of projects and initiatives
• Ability to underwrite Non-QM and Non-Agency loan products, including but not limited to Bank Statement Income Analysis, Asset Depletion, P&L, DSCR, Foreign National and Self-Employment
• Ability to work effectively under time constraints

Eligibility Requirements:

• Must be willing to submit to a background investigation
• Must have unrestricted work authorization to work in the United States
• Preference given to candidates with strong Condominium background
• Preference given to candidates able to work in Dallas, TX (on-site three (3) days)
• Remote work eligibility will be evaluated on a case-by-case basis

Annaly is committed to equal employment…