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About Lendistry
Lendistry is the country’s largest minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certification. We are a national employer whose mission is to provide economic opportunities and progressive growth for small business owners and their underserved communities as a source of financing and financial education.
About Lendistry
Lendistry is the country’s largest minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certification. We are a national employer whose mission is to provide economic opportunities and progressive growth for small business owners and their underserved communities as a source of financing and financial education.
Position Overview
The Vice President of Credit Review is part of Lendistry’s Risk Management Organization, functioning as a Third Line of Defense (“TLoD”) to independently assess the effectiveness of the First and Second Lines of Defense’s Risk Management Activities to identify, measure, monitor, and control risks. The Credit Risk Review (“CRR”) team fulfills the responsibilities of the Credit Review (or Loan Review) function of Lendistry, consistent with the May 2020 Interagency Guidance on Credit Risk Review Systems. Through examinations and monitoring, Credit Review provides an independent assessment of credit decisions, portfolio management, and the effectiveness of credit processes across the Company’s credit platform, identifies existing and emerging risks, and reports its findings to various stakeholders, including the Chief Risk Officer, Chief Executive Officer, and Risk Management Committee.
The position requires an individual who has a track record of excellence in both Commercial and Industrial (“C&I”) and Commercial Real Estate (“CRE”) lending, ideally gained in underwriting, deal structuring, second-line credit adjudication or credit review function, or a combination thereof. The candidate must demonstrate solid expertise in credit analysis, financial and quantitative analysis, deal structuring, and determination of risk rating (including familiarity with PD / LGD rating models and methodology and use of scorecards). In addition, knowledge and insights into the economic environment and its impact on different industry sectors, awareness of competitive dynamics in the financial services sector, experience with higher risk credits, working knowledge of Small Business Administration (“SBA”) requirements, and the intellectual curiosity to learn will be key success factors in the role and help facilitate career growth.
The candidate’s technical expertise will be complemented by excellent communication skills (both verbal and written) and the ability to successfully engage in complex discussions with unit heads of business divisions being audited (auditees).
General Responsibilities
PROFICIENCIES
Education And Experience
Compensation Range
The US base salary range for this full-time position is $114,000-$170,000 annually.
Our salary ranges are determined by role, level, and location.
The range displayed on each job posting reflects the minimum and maximum base salary for new hires for the position across all US locations. Within the range, individual pay is determined by multiple factors like job-related skills, experience, and state of residence. Your recruiter can share more about the specific salary range during the interview process.
Please note that the compensation details listed in US role postings reflect the base salary only, and do not include any variable compensation elements.
Physical Requirements
This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending / stooping, twisting, pulling / pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position.
Seniority level
Seniority level
Executive
Employment type
Employment type
Full-time
Job function
Job function
Finance and Sales
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