VP Underwriting & Credit Risk

Must Haves

Able to commute to Woodbridge, NJ 3x per week (Tues-Thurs)

10 years of experience in Banking and/or Fintech with deepfocus on underwriting, credit risk management, credit model development, and credit policy design

At least 3 years of senior leadership experience

Proven experience designing and implementing data-driven, highly automated, scalable underwriting and credit decisioning platforms

Strong background in consumer lending and small business equipment lending, including at least 2 years in Sub-Prime credit

Expertise in evaluating individual loans and business loans,incorporating FICO scores and debt ratios into underwriting decisions

Experience developing, writing, and managing credit policies, and partnering with legal teams on regulatory and documentation frameworks

Demonstrated ability to lead cross-functional teams and manage third-party vendor relationships

Hands-on leadership style with strong attention to detail and execution discipline

Bachelor’s or Master’s degree in Business, Finance, or a quantitative field

Plusses

Experience managing both Prime and Sub-Prime loan portfolios in the U.S.

Background in delinquency management, collections strategies,and loss mitigation

Strong ability to communicate complex credit concepts to technical and non-technical stakeholders

Experience working with credit bureaus, loan processors, and collections agencies

Familiarity with ML-driven underwriting models and emerging trends in credit risk

Experience evaluating individual loans and business loans, incorporating FICO scores into underwriting decisions

Day to Day

*Please note candidates must have direct experience with

consumer lending and creating credit policies to be

considered for this role.*

A fintech company is seeking a VP of Underwriting and

Credit to join the risk team. In this role, you will

oversee the end-to-end credit lifecycle, including

individual loans and business loans, ensuring underwriting,

pricing, and portfolio management strategies are aligned

with business growth and risk objectives.

You will incorporate FICO scores, debt ratios, and other

borrower metrics into credit decisions, partner closely

with the CRO and senior leadership to support financing

partners, portfolio reporting, and new product launches.

Using data and analytics, you will continuously refine

underwriting models, approval strategies, and pricing

methodologies to optimize performance and returns.

You will monitor portfolio trends, credit metrics, and

emerging risk signals to proactively manage losses.

You will lead and mentor a high-performing credit and risk

team while maintaining strong governance, compliance, and

internal controls.

Key Responsibilities

Establish and manage underwriting, credit risk management, and portfolio management functions across consumer and small business lending, including individual loans and business loans

Design, implement, and test automated underwriting models, analytics, and loan decisioning processes within digital lending platforms

Develop, maintain, write, and manage credit policies, underwriting standards, and governance frameworks, including FICO score thresholds and debt ratio limits

Implement risk-based pricing strategies, loan-loss models, and portfolio-level analytics to optimize risk-adjusted returns

Monitor and report on portfolio performance, including approval rates, delinquency, losses, FICO score distributions, and pricing effectiveness

Collaborate with the CRO and Senior Management to develop and execute credit strategy, growth initiatives, and new product launches

Support financing partner relationships through portfolio performance reporting and credit risk insights

Partner with legal counsel to identify regulatory and legal risks and ensure compliant credit documentation

Manage relationships with third-party vendors, including credit bureaus, loan processors, analytics providers, and collections agencies