Chief Credit Officer
4 weeks ago
Job Summary:
Dominion Financial Services (DFS) is a mortgage originator for single-family real estate. 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 $70MM per month. DFS is seeking a detail-oriented Chief Credit Officer to lead our growing team.
Key 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
- Companywide competitions and raffles
- Personal Financial Workshops
- Orioles Season Tickets
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