Chief Credit Officer

at  Dominion Financial Services

Baltimore, MD 21202, USA -

Start DateExpiry DateSalaryPosted OnExperienceSkillsTelecommuteSponsor Visa
Immediate08 Nov, 2024USD 190000 Annual03 Oct, 2024N/ASalesforce,Construction ManagementNoNo
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Description:

JOB DESCRIPTION:

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 looking for a detail-oriented Chief Credit Officer to join our growing team.

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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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 complianc


REQUIREMENT SUMMARY

Min:N/AMax:5.0 year(s)

Financial Services

Accounts / Finance / Tax / CS / Audit

Finance

Graduate

Proficient

1

Baltimore, MD 21202, USA