[Hiring] SVP, Credit Risk @GenWay Home Mortgage, Inc.

Role Description

The Senior Vice President, Credit Risk - DreamBuilder is responsible for the strategic oversight, credit administration, and risk management of the DreamBuilder loan program. This role serves as the primary credit authority for the product, evaluating complex borrower scenarios, underwriting exceptions, and program-specific credit policy considerations. The SVP, Credit Risk partners closely with Executive Leadership, Operations, Underwriting, Secondary Marketing, Compliance, and Sales to ensure sound credit decisioning while supporting responsible business growth.

• Serve as the primary credit authority for the DreamBuilder product.
• Evaluate and approve complex credit scenarios and loan structures that fall outside standard program guidelines.
• Analyze borrower, property, and transaction risks to determine overall loan viability.
• Monitor portfolio performance, delinquency trends, repurchase exposure, and emerging credit risks.
• Oversee the interpretation and application of DreamBuilder underwriting guidelines.
• Review and approve underwriting exceptions within delegated authority.
• Provide guidance and direction to underwriting personnel on complex loan matters.
• Ensure consistency, quality, and accuracy in credit reviews and approvals.
• Evaluate the credit implications of proposed guideline changes and new product features.
• Support the development of eligibility standards, compensating factors, and exception criteria.
• Participate in investor, warehouse bank, and regulatory discussions related to the DreamBuilder program.
• Develop reporting mechanisms to monitor approval rates, exceptions, loan quality, and program performance.
• Present credit risk findings and recommendations to executive leadership.
• Ensure adherence to all federal, state, investor, and company lending requirements.
• Partner with Compliance, Legal, and Quality Control teams to maintain regulatory compliance.
• Support internal and external audits, examinations, and investor reviews.
• Implement corrective action plans when quality or compliance concerns are identified.
• Partner with Sales, Operations, Underwriting, Capital Markets, and Executive Leadership to balance growth objectives with risk tolerance.
• Foster a culture of accountability, sound judgment, and operational excellence.

Qualifications

• 8+ years of mortgage underwriting, credit risk, or lending experience.
• 5+ years of leadership experience managing credit, underwriting, or risk functions.
• Extensive knowledge of residential mortgage underwriting principles, risk assessment methodologies, and regulatory requirements.
• Demonstrated experience evaluating complex borrower credit profiles and exception requests.
• Strong analytical, decision-making, and problem-solving skills.
• Experience presenting recommendations and risk analyses to senior leadership.

Preferred Qualifications

• Bachelor's degree in Finance, Business Administration, Economics, Risk Management, or related field.
• Experience managing non-QM, affordable housing, first-time homebuyer, shared appreciation, DPA, or alternative qualification loan programs.
• Experience working with investors, warehouse lenders, and secondary market participants.
• Strong understanding of portfolio performance management and credit analytics.
• Previous responsibility for establishing or administering specialized mortgage credit programs.

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to communicate via oral and written communication, such as phone calls, emails, and ticketing systems. The employee frequently is required to stand, walk, use hands and fingers and reach with hands and arms. This role may require long periods of sitting at a desk and working on a computer. The employee may occasionally be asked to pick up and/or move up to 15 pounds.

Duties Disclosure

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time, with or without notice. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.