Chief Credit Officer

Company:  Dominion Financial Services, LLC
Location: Baltimore
Closing Date: 28/10/2024
Salary: £200 - £250 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

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

  1. Integrity
  2. Accountable & Dependable
  3. Team Centric
  4. System & Process Oriented
  5. Service Ethic
  6. Organized Efficiency - Risk Management & Compliance

Responsibilities :

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

Requirements

  1. Strong familiarity with the business purpose lending space
  2. Direct construction management & real estate valuation experience
  3. 10yrs+ of residential real estate investment experience
  4. 10yrs+ of experience managing teams
  5. 5yrs+ of legal experience on an institutional capital markets context

Preferred Qualifications

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

Benefits :

  1. Health insurance
  2. Dental insurance
  3. Vision insurance
  4. 401(k)
  5. 401(k) matching
  6. Paid time off

While At Dominion You Will Enjoy

  1. Company outings & social events
  2. Virtual events
  3. Employee discount programs
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