Vice President of Underwriting

Overview

Job Title: VP Underwriting & Credit Risk Role

Engagement: full-time job with a Fin Tech company based out in .

Location: Woodbridge, New Jersey

Package: $175 k to $200K + benefits.

Note: Please do not send candidates that are not already local to New Jersey. They will not accept relocation of candidates at this time.

VP Underwriting & Credit Risk Role for a Fin Tech Company located in Woodbridge, New Jersey. Package:
Only Local to New Jersey candidates. No Relocation. Urgent Requirements.

• 10+ years of experience in Banking and/or Fintech with deep focus 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
• Able to commute to Woodbridge, NJ 3x per week (Tues-Thurs)
• Bachelor’s or Master’s degree in Business, Finance, or a quantitative field

• 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

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.

• 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