What are the responsibilities and job description for the Head of Credit and Underwriting position at Ternus Lending, LLC?
As the Head of Credit and Underwriting, you'll play a pivotal role in managing and enhancing the credit assessment and underwriting processes. This executive position demands a deep understanding of credit risk, exceptional leadership skills, and the ability to navigate complex financial interactions efficiently.
Key Responsibilities:
Credit Policy and Compliance:
- Develop and enforce comprehensive credit policies and underwriting standards in compliance with regulatory requirements and risk tolerance.
- Regularly review and update credit policies to adapt to changing market conditions and regulatory landscapes.
Operational and Credit Process Enhancement:
- Optimize operational and credit processes to ensure efficiency, effectiveness, and compliance with industry standards.
Staff Leadership and Team Development:
- Lead and develop the credit and underwriting teams, fostering a culture of high performance, ethical practices, and continuous improvement.
- Manage professional development initiatives to ensure alignment with industry best practices and regulatory updates.
Risk Management and Regulatory Compliance:
- Monitor and manage credit risks, implementing strategies to mitigate risks and enhance credit decision-making processes.
- Ensure compliance with all relevant regulations and provide detailed reports on credit operations and risk assessments to the Board and senior management.
Capital Partners and Stakeholder Relations:
- Interface with capital partners to ensure credit and underwriting practices meet their requirements and support ongoing financial relationships.
- Maintain effective communication with investors, lenders, servicers, and purchasers to meet all parties' needs regarding collateral and financial obligations.
Management of Collateral and Financial Obligations:
- Oversee the valuation and management of underlying collateral to satisfy all lender and investor requirements.
- Handle exceptions, defaults, and repurchase obligations promptly and in accordance with contractual and regulatory standards.
Technology Utilization:
- Leverage technology to improve the efficiency and accuracy of credit and underwriting processes.
Professional Development and Industry Engagement:
- Stay updated on industry trends, regulatory changes, and advancements in credit risk management to enhance operational practices and team expertise continually.
How to Apply:
If you're a seasoned leader with a passion for driving excellence in credit and underwriting practices, we want to hear from you! Apply now to join our team at Ternus Lending, LLC and make a significant impact in the finance industry.
We ask that all applicants complete the following assessment before moving forward to the next steps in the hiring process:
https://TeamArchitects.asmt.io/XCTPW967H/TernusHeadofCreditUnderwriterJob-Assessment
About Us:
Ternus Lending, LLC is a dynamic player in the finance industry committed to excellence in credit and underwriting practices. We're seeking an experienced leader to join our team as the Head of Credit and Underwriting, overseeing critical functions to ensure integrity, compliance, and strategic risk management alignment.
Job Type: Full-time
Benefits:
- Health insurance
- Paid time off
Schedule:
- Monday to Friday
Application Question(s):
- Have you completed the assessment at the link in the job post?
Work Location: Hybrid remote in Charlotte, NC 28202