Chief Credit Officer

Dominion Financial Services

Baltimore, MD

$170,000 to $190,000 Yearly
Vision , Medical , Dental , Paid Time Off , Retirement
Full-Time

Job 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
•   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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