Head of Mortgage Operations
At a glance
AI generatedTL;DR
As Head of Mortgage Operations at Opendoor Home Loans, you will lead a critical rebuild of the mortgage experience through a technology-forward origination platform. This senior executive position involves owning the full P&L, scaling end-to-end origination processes, ensuring regulatory compliance, and managing key relationships with GSEs and investors. You’ll build out operational frameworks, hire and develop teams across various functions, and integrate the mortgage offering into Opendoor’s broader ecosystem. Ideal candidates have extensive experience in residential mortgage operations, deep knowledge of federal and state regulations, and a track record of building scalable compliance programs. A background in real estate or proptech is beneficial, as is familiarity with launching new mortgage products from scratch. This role demands a builder mindset, operational rigor, and a commitment to leveraging technology to transform the industry.
Skills
What you'll do
- Own full P&L for Opendoor Home Loans, driving volume growth and improving unit economics.
- Build and lead end-to-end mortgage origination lifecycle team across multiple states.
- Ensure compliance with federal and state mortgage laws, building scalable compliance frameworks.
- Manage relationships with GSEs, FHA, VA, and optimize secondary market execution strategies.
- Lead loan quality control programs to protect the company, investors, and customers.
What we're looking for
- 5+ years of progressive mortgage industry experience, including senior leadership roles.
- Proven track record in building and scaling end-to-end mortgage origination operations.
- Deep knowledge of federal and state mortgage regulations and compliance frameworks.
- Active NMLS registration with ability to obtain MLO licenses in required states.
- Strong P&L management skills with a focus on driving loan volume and improving unit economics.
- Experience managing cross-functional teams and partnerships within high-growth environments.
Employer
About Opendoor
Opendoor is a digital real estate marketplace that buys and sells homes directly to consumers, simplifying the home selling and buying experience through instant offers and transparent pricing. Industry: Real Estate Technology & iBuying
Opendoor currently has 35 open roles on FindRole.
Listed pay typically runs $156,800–$337,450 across 6 roles with salary data.
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