Senior Manager, Whole Loan Trading & First-Line Model Governance

We need to output HTML fragment with sections: About the role? Actually the posting includes "About Upstart" (company description) then "The Team ..." then "How you'll make an impact" (responsibilities), then "Minimum Qualifications", "Preferred Qualifications", "Position location", "Travel requirements", "At Upstart, your base pay..." (Pay), "What You'll Love At Upstart" (Benefits). Also maybe "Skills"? Not present. We need to use

for section headings: About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. But we should only include sections when posting has real specific content. We have content for About the role? The "About Upstart" is company overview, not exactly role. Could treat as "About the role"? Might be okay. The instructions: use

for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). So we can map sections accordingly. We need to avoid repeating job title as heading (not present). No Job ID. We must preserve all substantive information, not invent or summarize away detail. Remove boilerplate: cookie/navigation/legal/EEO/equal-opportunity/scam-warning boilerplate, duplicated lines, application instructions. At end there is EEO statement and accommodation email and privacy policy link. Should remove that. Also remove "For roles based in Canada, please note that we are not currently able to hire in Quebec." That's maybe not boilerplate but location-specific; could keep? It's location info. Might keep under Position location or separate note. But it's not a heading; we can include as a paragraph. We need to include Pay section only if posting states it. It does: "Anticipated Base Salary Range $172,100 - $238,300 USD". Also mention base pay part of total compensation, bonus, equity. So we can include Pay section with that info. Schedule: not mentioned; there is travel requirements about in-person sessions cadence. Not exactly schedule. Could treat as Schedule? The instruction says include Schedule section only if posting actually states them. There's no explicit schedule like full-time, part-time, remote/hybrid. There's travel requirements describing in-person sessions. Might not qualify as Schedule. Safer to omit Schedule. Benefits: we have "What You'll Love At Upstart" with benefits list. So include Benefits section. Qualifications: we have Minimum Qualifications and Preferred Qualifications. Could combine into Qualifications section with two subparts? Or separate Requirements and Qualifications? The instruction list includes Requirements and Qualifications as separate possible headings. We could put Minimum Qualifications under Requirements, Preferred Qualifications under Qualifications. Or combine. Better to follow typical: Requirements = Minimum Qualifications, Qualifications = Preferred Qualifications. We'll do that. Skills: not explicitly listed; there are some skill-like statements in qualifications but not separate. Could omit Skills section. About the role: we have "About Upstart" and "The Team ..." and "How you'll make an impact". Could treat About the role as company description + team description. Responsibilities as "How you'll make an impact". We'll output:

About the role

About Upstart ... (the paragraph about mission etc.)

The Team Upstart’s Secured Lending organization ... (the team description)

Then Responsibilities:

Responsibilities

• Lead the secured lending asset quality and loan salability function ...
... etc each bullet from "How you'll make an impact". Need to preserve all bullet points. Then Requirements (Minimum Qualifications):

Requirements

• 8+ years of experience in business-line credit risk, loan quality, asset-backed or secured lending operations, or first-line model governance supporting secured or asset-backed consumer lending products.
... etc each bullet. Then Qualifications (Preferred Qualifications):

Qualifications

• Familiarity with auto indirect or dealer channel lending dynamics, including pricing discretion, dealer markup, and fair lending considerations relevant to indirect origination channels; ability to partner with fair lending oversight functions to interpret and escalate channel-level findings.
... etc each bullet. Then Benefits:

Benefits

• Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly
... etc each bullet from "What You'll Love At Upstart". Need to preserve all bullet points. Then Pay:

Pay

The anticipated base salary for this position is expected to be within the range of $172,100 - $238,300 USD. Actual base pay depends on geographic location, job-related skills, experience, and relevant education or training. In addition, Upstart provides target bonuses, equity compensation, and generous benefits packages (including medical, dental, vision, and 401k).

We might also include note about compensation regions etc. Keep. We should not include Schedule. We need to ensure we removed boilerplate: EEO statement, accommodation email, privacy policy link, also the line "Upstart is a proud Equal Opportunity Employer..." etc. Remove. Also remove duplicated lines: maybe none. Check for any leftover like "Position location" and "Travel requirements". Those are not headings we are using; we could incorporate them into About the role or maybe a separate paragraph under About the role? The instruction says we can fold minor metadata into a short

or drop it. So we could include a paragraph after About the role that includes location and travel requirements. Or we could incorporate into About the role paragraph. Better: after About the role paragraph, add a

Position location: Remote (available in following locations: Remote). Travel requirements: As a digital first company, majority of work can be accomplished remotely; majority of employees can live and work anywhere in the U.S but encouraged to spend high quality time in-person collaborating via regular onsites; in-person sessions’ cadence varies depending on team and role; most teams meet once or twice per quarter for 2-4 consecutive days.

That preserves info. Now ensure we didn't include any heading with empty content. Now produce HTML fragment only. Let's craft. Check for any missing substantive info: The "How you'll make an impact" bullet list includes several items; we need to capture each as
• . Let's extract them: - Lead the secured lending asset quality and loan salability function across home equity line of credit, auto direct, and auto indirect dealer channels, setting the review methodology, operating cadence, reporting standards, and escalation routines for a small team of asset quality analysts. - Monitor portfolio-level salability risk across secured lending channels — tracking eligibility adherence trends, defect patterns, collateral documentation quality, and exception concentrations; escalate repurchase and put-back risk to Capital Markets and bank partners before they affect loan sale execution or partner commitments. - Monitor asset quality and portfolio performance indicators tied to salability, including early payment defaults, delinquency, loss severity, prepayment, non-performing loan trends, exception patterns, and threshold breaches. - Evaluate origination and channel quality across secured lending programs, including collateral documentation completeness, lien perfection, override trends, pricing consistency, dealer or partner performance, concentration risk, and potential fair lending exposure. - Own first-line model implementation and performance oversight for secured lending models, including production model monitoring, threshold tracking, version control, use-case boundaries, model inventory updates, change impact assessment, and escalation of performance degradation or out-of-bounds behavior. - Translate loan review findings, portfolio trends, and model performance signals into action by identifying root causes, defining remediation plans, tracking issue closure, and escalating risks before they affect loan sale execution, partner commitments, or regulatory readiness. Make sure we keep punctuation. Now Minimum Qualifications bullets: - 8+ years of experience in business-line credit risk, loan quality, asset-backed or secured lending operations, or first-line model governance supporting secured or asset-backed consumer lending products. - Experience with loan-level quality review, loan salability oversight, Capital Markets or investor delivery, repurchase or put-back risk, bank partner audits, collateral documentation review, or pre-sale quality control in a regulated lending environment. - Experience monitoring portfolio performance and asset quality indicators across multiple origination channels, including early payment default, delinquency, prepayment, loss severity, non-performing loan trends, credit policy exceptions, threshold breaches, or channel-level pricing and fair lending patterns. - Experience with first-line model oversight, production model monitoring, model implementation governance, model inventory documentation, or model performance escalation processes. - Experience partnering with Capital Markets, investors, bank partners, or funding teams to evaluate loan eligibility, resolve delivery exceptions, interpret investor requirements, and mitigate repurchase, put-back, or make-whole exposure. - Experience leading analysts, managing a review function, or owning cross-functional loan salability, asset quality, credit, or first-line model governance programs. Preferred Qualifications bullets: - Familiarity with auto indirect or dealer channel lending dynamics, including pricing discretion, dealer markup, and fair lending considerations relevant to indirect origination channels; ability to partner with fair lending oversight functions to interpret and escalate channel-level findings. - Knowledge of secured lending and secondary-market quality expectations, including exposure to first mortgage or asset-backed lending frameworks such as investor eligibility standards, collateral documentation, lien perfection, representations and warranties, defect remediation, trailing performance thresholds, and repurchase or make-whole risk. - Knowledge of consumer lending and fair lending requirements relevant to secured products, including Equal Credit Opportunity Act/Regulation B, Unfair, Deceptive, or Abusive Acts or Practices, Fair Credit Reporting Act, TILA/Regulation Z, dealer markup oversight, adverse action, or credit decisioning controls. - Ability to evaluate production model execution, validation outputs, fair lending review outputs, underwriting accuracy, pricing consistency, and performance trends against approved thresholds. - Skilled in producing exam-ready policy documents, governance materials, issue tracking, executive summaries, and bank partner reporting. - Risk or compliance certification, such as Certified Regulatory Compliance Manager, Financial Risk Manager, or equivalent credential. Benefits bullets from "What You'll Love At Upstart": List: - Competitive compensation, including base pay, bonus opportunities, and annual equity grants that vest quarterly - Retirement benefits to help you plan for the future, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada) - Employee Stock Purchase Plan (ESPP) with discounted stock purchase options for eligible employees (US only) - Comprehensive health coverage designed to support you and your family, including medical, dental, vision, and wellness resources for US and supplemental health coverage for Canada. - Health Savings Account contributions from Upstart for eligible plans (US only) - Income protection benefits, including life insurance and disability coverage for added financial security - Paid time off, sick leave, and company holidays, in line with local requirements - Paid family and parental leave to support caregiving and major life moments (duration varies by country) - Family-centered benefits to support fertility, parenthood, and caregiving needs - Employee Assistance Program (EAP) offering mental health support and life-centered resources - Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only) - Annual wellness allowance to support your physical and emotional well-being and personal development, based on what matters most to you - Annual productivity allowance to invest in relevant tools and resources you need to do your best work, no matter where you work from - Connection and community through team events, all-company updates, and employee resource groups (ERGs) - Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!) We should preserve all. Now Pay section: include base salary range and mention