Chief Credit Officer

4 weeks ago


Baltimore, United States Dominion Financial Services Inc. Full time

Job Description:

Dominion Financial Services (DFS) is a nationwide business purpose lending residential mortgage originator. DFS originates two main loan products – a short term bridge loan for fix & flip investors, and a long-term rental loan for landlords growing their rental portfolios. DFS is thriving in the current competitive environment and shows aggressive quarterly growth. Our current origination volume is $60MM per month. DFS is looking for a Chief Credit Officer to help manage our growing business.


Our Company’s Core Values

  • Integrity
  • Accountable & Dependable
  • Team Centric
  • System & Process Oriented
  • Service Ethic
  • Organized Efficiency - Risk Management & Compliance


Responsibilities:

  • Act as loan committee to provide approvals / modifications on new originations, extensions and workouts for loans held on balance sheet
  • Business development for DFS’s Lender Finance business
  • Design & maintain DFS’s risk management and compliance policies & procedures
  • Manage classified assets throughout the loss mitigation process
  • Monitor covenants in capital market loan documents & MLPAs to maintain compliance


Requirements

  • Strong familiarity with the business purpose lending space
  • Direct construction management & real estate valuation experience
  • 10yrs+ of residential real estate investment experience
  • 10yrs+ of experience managing teams
  • 5yrs+ of legal experience on an institutional capital markets context


Preferred Qualifications

  • 1-4 unit residential development experience a plus
  • Experience working with Salesforce a plus


Benefits:

  • Health insurance
  • Dental insurance
  • Vision insurance
  • 401(k)
  • 401(k) matching
  • Paid time off


While At Dominion You Will Enjoy

  • Company outings & social events
  • Virtual events
  • Employee discount programs


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