Senior Manager, Credit Policy and Construction Risk

WHAT YOULL DO:

Operational Leadership 

• Design and implement scalable processes for pre-close reviews draw management and funds disbursement. 

• Lead cross-functional teams to ensure timely and compliant loan closings. 

• Develop and maintain SOPs for underwriting risk assessment and post-close monitoring. 

• Oversee risk evaluation protocols for construction and renovation loans including borrower vetting project feasibility and collateral analysis. 

• Ensure compliance with internal policies and external regulations. 

• Collaborate with legal and compliance teams to manage operational risk exposure. 

Credit Policy Development 

• Draft and implement construction and renovation loan credit policies in alignment with agency and investor guidelines (Fannie Mae Freddie Mac FHA VA USDA GNMA). 

• Develop loan-level underwriting criteria including borrower eligibility builder acceptance collateral requirements and fund control standards. 

• Translate regulatory and investor requirements into practical operational guidelines. 

• Review and refine risk matrices appraisal criteria and budget feasibility methodologies. 

• Provide training and documentation support to lender credit and underwriting teams. 

Client & Stakeholder Engagement 

• Serve as a senior point of contact for clients during onboarding and throughout the loan lifecycle. 

• Represent the company at industry events and client meetings. 

• Build and mentor a team capable of client-facing interactions and operational excellence. 

Team Development 

• Recruit train and manage a high-performing operations team. 

• Foster a culture of accountability urgency and continuous improvement. 

• Identify and develop future leaders within the operations function.

Qualifications :

THE SKILLS AND EXPERIENCE YOU BRING:

• 7 years of experience in credit policy underwriting or credit risk management (construction or renovation lending strongly preferred). 

• Proven leadership experience in a high-volume lending environment (e.g. private money lenders). 

• Deep knowledge of agency and government credit guidelines (Fannie Mae Freddie Mac FHA VA USDA). 

• Strong background in loan program development credit documentation and risk assessment frameworks. 

• Ability to interpret investor guidelines create credit matrices and write clear actionable credit standards. 

• Exceptional analytical writing and communication skills. 

• Experience with both residential and commercial (multi-unit) lending preferred. 

• Comfort interacting directly with lender executives compliance teams and underwriters. 

• Background in Finance Business Administration or related field (advanced credentials preferred). 

• Proficiency in MS Office (Excel Word PowerPoint); Encompass or LOS familiarity a plus. 

Additional Information :

THE PERKS OF WORKING AT ALTISOURCE

Prosperity:

• Competitive base salaries at $110000 and up with variable incentive plans. We pay for success!
• 401k plans with company matching we want to empower you to further your career and prepare for retirement!

Good Health:

• Comprehensive Medical Dental and Vision insurance plans
• Tax-free Flexible Spending Account
• Life insurance short-term and long-term disability
• Wellness/EAP Programs 

...And Happiness!

• Paid holidays plus 19 days of accrued PTO for a total of 28 paid days off per year!
• Paid Parental Leave

Altisources Vision to drive innovation that powers the mortgage and real estate lifecycle is made possible by an inclusive culture that celebrates the diverse voices of our employees. We believe that diversity in gender age religion ethnicity sexual orientation identity physical ability neurodiversity socioeconomic background and experience fosters creativity challenges groupthink and makes our Company stronger. At Altisource anyone can prosper and have a positive impact on our path toward success irrespective of their background.

We are committed to fair and impartial hiring training and growth opportunities. We also provide employee training to help foster their ability to work with one another in an inclusive manner. Altisource is an Equal Opportunity Employer and our employment decisions are based on merit qualifications and business needs.

Remote Work :

Yes

Employment Type :

Full-time