Head of Mortgage Operations
At a glance
AI generatedTL;DR
As Head of Mortgage Operations at Opendoor Home Loans, you will lead a technology-driven mortgage origination platform aimed at simplifying the home financing process. Reporting to Lucas Matheson, President of Opendoor, your responsibilities include managing the full P&L, scaling end-to-end origination processes, ensuring regulatory compliance, and fostering strategic partnerships with GSEs and investors. You’ll build out operational frameworks, hire and develop a high-performing team, and integrate mortgage offerings into Opendoor’s broader platform. Ideal candidates have over five years of progressive residential mortgage experience, deep knowledge of federal and state regulations, and a track record in building and scaling mortgage operations. Strong P&L management skills, NMLS registration, and the ability to collaborate cross-functionally are essential. This role requires an entrepreneurial mindset, operational rigor, and a belief that technology can transform the mortgage industry.
Skills
What you'll do
- Own full P&L, driving loan volume growth while improving unit economics.
- Lead end-to-end origination lifecycle, refining processes for efficiency and borrower experience.
- Ensure compliance with federal and state mortgage laws, building scalable compliance frameworks.
- Serve as AML/BSA Compliance Officer or oversee officer to meet all obligations.
- Manage relationships with GSEs, FHA, VA, and optimize secondary market execution strategies.
What we're looking for
- 5+ years of progressive residential mortgage industry experience, including senior leadership roles.
- Proven track record in building and scaling end-to-end mortgage origination operations across multiple states.
- Deep knowledge of federal and state mortgage regulations, including RESPA, TILA/TRID, ECOA, HMDA, BSA/AML, and the SAFE Act.
- Strong P&L management experience with demonstrated ability to drive loan volume and improve unit economics.
- Active NMLS registration in good standing; willingness to obtain MLO licenses in required states.
- Experience serving as or directly overseeing an AML/BSA Compliance Officer.
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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