Chief Credit Officer

About the role

The Chief Credit Officer will lead an organization of credit professionals directly accountable for managing risk across a diverse lending portfolio, including Home Equity products. They will set enterprise-wide credit risk strategy across originations, pricing, portfolio management, and collections to drive the best outcomes for the lender and investor. This role requires a leader who can balance aggressive innovation with responsible homeownership enablement.

Responsibilities

• Lead an organization of credit professionals directly accountable for managing risk across a diverse lending portfolio, including Home Equity products.
• Set enterprise-wide credit risk strategy across originations, pricing, portfolio management, and collections to drive the best outcomes for the lender and investor.
• Chair the Credit Committee and engage directly with the CEO and Board of Directors on all credit-related matters.
• Develop and iterate on proprietary loan products, leading risk analysis and consumer iterations to find perfect product/market fit.
• Drive automation efforts to compress the funnel from application to final approval, utilizing technology to remove legacy industry inefficiencies.
• Act as the primary liaison to regulatory bodies such as the OCC, FRB, and FDIC, ensuring all credit risk matters align with evolving supervisory expectations.
• Oversee loss forecasting, financial modeling, and stress testing (CCAR) methodologies to provide senior management with thoughtful analysis of key credit drivers.
• Build and manage relationships with investors, managing pricing, hedging, and warehouse functions.

Requirements

We are looking for candidates with 15–20+ years of experience in credit risk management and portfolio oversight. They should have extensive background in Mortgage and Home Equity credit risk, including LTV/CLTV management and valuation models. Candidates must have proven success working outside of a "Big Bank" environment for a portion of their career, thriving in agile, high-growth, or startup settings. They should demonstrate advanced understanding of loss forecasting and the conceptualization of investment logic to automate credit decisioning. A proven track record of managing remediation efforts and maintaining strong relationships with federal regulatory agencies is also required.

Qualifications

Adhere to all company security policies and data handling procedures. Complete mandatory security awareness training within required timeframes. Promptly report any suspected security incidents or suspicious activity to the Security team.

Skills

Not specified

Benefits

Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans
Company HSA, FSA, Dependent Care, 401k, and commuter benefits
Employer-funded life and disability insurance coverage
11 Observed Holidays & PTO plan
Up to 12 weeks paid family leave
Continuing education reimbursement

Pay

Salary range: $210,000 - $263,000/yr
25% annual bonus target, paid quarterly
Company equity in the form of RSUs

Schedule

Not specified