Vice President, Credit

Headquartered in San Diego, Mulligan Funding serves as a leading provider of working capital ($5K – $2M) to the small and medium-sized businesses that fuel our country. Since 2008, we have prided ourselves on our collaborative, innovative, and customer-focused approach. Enjoying a period of unprecedented growth, driven by the combination of cutting-edge technology, human touch, and unwavering integrity, we are looking to add to our people first culture, with highly motivated and results-oriented professionals, to push the limits of what’s possible while creating value for all of our partners.

We are seeking an experienced and dynamic VP of Credit to lead and develop our underwriting team, driving strategic improvements and maintaining the highest standards of credit quality. Reporting directly to the Chief Operating Officer, the VP of Credit will be responsible for managing the performance and growth of the underwriting team while overseeing the development and execution of data-driven strategies and processes to optimize efficiency and productivity.

You will :

Lead and develop a high-performing team of Senior Credit Managers and Credit Managers, fostering their growth as leaders within the organization

Establish, maintain, and enforce adherence to Credit Policies & Procedures, ensuring alignment with regulatory standards and industry best practices

Regularly review and analyze portfolio performance, collaborating with Credit Managers to adjust underwriting strategies as needed

Participate in Credit Committee reviews for large loan requests and provide expert guidance on complex credit decisions

Oversee and enhance our Underwriting Training and Development Program to ensure continuous improvement and skill development

Develop and manage hiring budgets and plans to appropriately staff teams for handling increasing application volumes

Provide regular updates to the COO on production capabilities, staffing levels, and overall underwriting performance

Drive resource optimizations and continuous improvements to underwriting processes and performance metrics

Evaluate and optimize the use of data, software tools, and service providers, ensuring cost-effectiveness and alignment with budgetary constraints

Assist in audits / reviews and respond to inquiries from third parties as needed

We offer :

Comprehensive medical, vision and dental benefits that give you peace of mind

Flexible Spending Accounts (FSA) that let you use pre-tax dollars to cover healthcare expenses

A fantastic 401K with matching contributions that helps you plan for retirement and build wealth over time

Generous sick, vacation, and holiday benefits that give you the time and flexibility you need to enjoy life

A gym membership contribution that supports your well-being, and helps you stay energized and focused

An internal referral program that rewards you for bringing talented people to the team

Company events that foster a positive and inclusive culture, and create opportunities to bond and grow with your colleagues

Mulligan Funding is an Equal Opportunity Employer (EOE) and takes great pride in building a diverse work environment. Qualified applicants are considered for employment without regard to age, race, religion, gender, national origin, sexual orientation, disability or veteran status.

A reasonable estimate of the salary range for this role is $175,000 to $350,000 per year. In order to provide a competitive compensation package, Mulligan Funding takes into account a variety of factors including but not limited to market compensation data, relevant experience, skills, education, and certifications.

Employer-provided

Pay range in San Diego, CA

Exact compensation may vary based on skills, experience, and location.

Base salary

$175,000 / yr – $350,000 / yr

Benefits found in job post

401(k)

Required Skills : You have :

A Bachelor’s Degree from an accredited university in Business, Finance, Accounting, Economics, or a related field

A minimum of 10 years’ experience in C&I and / or small business lending

A minimum of 5 years’ experience managing credit teams

A comprehensive understanding of credit risk management, credit lifecycle, metrics, and processes

Strong analytical skills with a data-driven approach to problem-solving and goal-setting

Advanced financial analysis skills and expertise in commercial loan structuring and creative loan solutions

Deep knowledge of the small business lending landscape and familiarity with various industry risk segments

Proven ability to communicate effectively, build relationships, and influence stakeholders (internal and external)

Experience collaborating with technology teams to improve, develop, and customize underwriting systems and processes

Proficiency in Microsoft Office products, various CRM’s. and ability to quickly adapt to new software and CRM systems

You may also have :

Cross-functional experience working with data analytics and credit modeling teams

Expertise in working with datasets and generating actionable insights through report creation and manipulation

A demonstrated ability to navigate regulatory risk and adapt to changing compliance environments

A comprehensive understanding of fraud identification strategies and current fraud tactics in the industry

Master’s degree, MBA, or equivalent work experience in risk management, particularly in banking, small business lending, or fraud risk is strongly preferred

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