Chief Credit Officer
Posted: 20 June, 2024
Organization: Dominion Financial Services (DFS)
Location: Baltimore, MD
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
