VP of Credit Risk

Charlotte, NC
Full-time


Location: Charlotte, NC

Essential Duties and Responsibilities:

  • Lead the development, execution, & ongoing management of a performance tracking mechanism/scorecarding concept that measures:
  • Overall portfolio performance at the CPR and DQ/Default level
  • Product level performance
  • Partner level performance including partner specific guidelines & negotiations
  • DRMT shelf performance
  • Partner with various departments throughout the company to enhance product performance, identify new opportunities, create new products, reduce exposure to certain products, etc.
  • Design, recommend, and implement a reporting infrastructure with KPI’s to keep the Executive Team abreast of all meaningful performance metrics from both a speed and delinquency standpoint
  • Develop an early warning mechanism that includes product concentration, performance, etc.
  • Partner with sales, operations, underwriting, and leadership to identify opportunities for portfolio performance improvement through product adjustment, partner messaging, and product development
  • Partner with Capital Markets to quantify the risk associated with certain products, partners, etc from a loan level and bulk bidding standpoint and work to develop a unified framework with Cap Markets on how to price for various types of risk.
  • Work in a manner consistent with a balanced approach to growing production while balancing risk and seeking product design and return hurdle metrics that offset certain types of risk
  • Any and all other duties as requested by CFO

Required Skills, Experience and Ability:

  • Bachelor’s Degree required, MBA preferred
  • 10+ years of mortgage industry experience
  • 7+ years of risk/portfolio management experience including developing models, scorecards, etc.
  • Exceptional project management, presentation, and negotiation skills
  • Strong leadership skills and ability to be self-directed and make independent decisions.
  • Ability to comprehend, analyze, and interpret complex documents and data sets.
  • Excellent oral and written communication skills
  • Ability to think strategically and deliver executable plans to achieve overall goals.
  • Excellent time management and project management skills
  • Ability to partner with others to develop reporting frameworks, models, and KPI’s

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