Talantix.io
Forbright Bank•12.03.26
AI SCORE 8.5

Director of Credit and Underwriting - Remote Position

$120K–$180K/year
RemoteFinancial Services
Credit Underwriting•Risk Management•Financial Analysis•BSA/AML Compliance•Salesforce Marketing Cloud•AWS Cloud•Confluent Kafka•Node.js

About the Role

We are seeking a Director of Credit and Underwriting to join our team in a fully remote capacity. In this role, you will lead the credit and underwriting functions for our equipment finance division, ensuring that we maintain high standards of risk management while supporting our growth objectives. As a Director of Credit and Underwriting remote position, you will have the opportunity to shape our credit strategy and drive impactful decisions that affect our portfolio.

What You'll Do

  • Develop and implement credit policies and underwriting guidelines that align with our business objectives.
  • Oversee the evaluation of credit risk for new loan transactions, ensuring compliance with regulatory standards.
  • Lead a team of underwriting professionals, providing mentorship and fostering a culture of excellence.
  • Collaborate with cross-functional teams to enhance our underwriting processes and improve efficiency.
  • Utilize data analytics and financial modeling to assess creditworthiness and make informed lending decisions.
  • Engage in ongoing training and development initiatives to ensure team members are equipped with the latest industry knowledge.
  • Monitor and report on portfolio performance, identifying trends and areas for improvement.
  • Ensure adherence to BSA/AML compliance and other banking regulations.

Requirements

  • Minimum of 8 years of experience in credit underwriting, with a focus on equipment finance.
  • Strong understanding of credit risk management principles and regulatory compliance.
  • Proven leadership experience in managing teams and driving performance.
  • Excellent analytical skills, with proficiency in financial modeling and credit analysis.
  • Experience with Salesforce Marketing Cloud and AWS Cloud is a plus.
  • Exceptional communication and interpersonal skills.
  • Ability to work independently and collaboratively in a remote environment.

Nice to Have

  • Experience in structured lending and commercial real estate financing.
  • Familiarity with Confluent Kafka and Node.js.
  • Knowledge of fraud detection and risk assessment methodologies.

What We Offer

  • A dynamic and collaborative company culture that values flexibility and recognition.
  • Opportunities for professional growth and development within the organization.
  • Commitment to community service and responsible business practices.
  • Engagement in meaningful missions that make a positive impact.
  • Comprehensive benefits package including health, dental, and retirement plans.
Why This Job8.5 of 10

This remote Director of Credit and Underwriting position offers a unique opportunity to lead a dynamic team in the financial services sector. With a competitive salary and a commitment to professional growth, this role stands out in the industry.

Salary Range
Required
0/1
Optional
0/1
Bonus
0/1

Who Will Succeed Here

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Expertise in Credit Underwriting and Risk Management, specifically using Salesforce Marketing Cloud for customer insights and risk assessment.

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Strong analytical mindset with experience in Financial Analysis, capable of interpreting large datasets and making data-driven decisions in a fully remote work environment.

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Proficient in using AWS Cloud for scalable solutions and Confluent Kafka for real-time data processing, demonstrating a forward-thinking approach to technology in finance.

Learning Resources

→Credit Risk Managementcourse
→Financial Analysis Fundamentalscourse
→Understanding BSA/AML Compliancearticle

Career Path

Director of Credit and Underwriting(Now)→Vice President of Risk Management(2-4 years)→Chief Risk Officer(5-7 years)

Market Overview

Market Size 2024
$5.2B
Annual Growth
12.4%
AI Adoption in Underwriting
67%
Investment in Fintech Solutions
+45%
Labour Demand for Underwriting Roles
+30%
Avg Salary for Director of Underwriting
$150K

Skills & Requirements

Required
Credit UnderwritingRisk ManagementFinancial Analysis
Growing in Demand
Machine Learning for Risk AssessmentData Analytics for Credit ScoringRegulatory Technology (RegTech) Solutions
Declining
Traditional Credit Scoring ModelsManual Underwriting Processes

Domain Trends

Rise of AI in Credit Underwriting
67% of organizations are adopting AI technologies to enhance credit risk assessment and underwriting accuracy.
Increased Focus on Regulatory Compliance
With BSA/AML compliance being critical, investment in RegTech is expected to increase by 45% in the next two years.
Remote Work in Financial Services
Remote positions in financial services have surged by 30%, with technology roles like Director of Credit and Underwriting leading the trend.

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