Job Description
We are a hybrid, remote-office company dedicated to growing our talent anywhere!
We have onsite locations in: Sioux Falls, SD, Scottsdale, AZ, Louisville, KY, Troy, MI, Franklin, TN, Easton, PA.
At Pathward, we take tremendous pride in our purpose to create financial inclusion for all™. We are a financial empowerment company that works with innovators to increase financial availability, choice, and opportunity for all. We strive to remove barriers that traditional institutions put in the way of financial access, and promote economic mobility by providing responsible, secure, high quality financial products.
We are a team of problem solvers and innovators who celebrate our differences and know that our unique perspectives make us stronger and well-positioned for success. We celebrate, and embrace, our team members through our *HUMBLE*HUNGRY*SMART approach, and we believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
About the Role:
The VP, Portfolio and Underwriting sets and maintains the organization’s credit culture while leading the underwriting of all new business transactions. The role develops and implements credit origination practices grounded in internal and external data, Program Standards, and industry regulations. This leader oversees underwriting and portfolio teams responsible for transaction evaluation, customer monitoring, risk rating, portfolio exposure analysis, and performance reporting. The VP also partners cross‑functionally with legal, operations, and other business units, contributes to workout strategies, and is accountable for training and developing a high‑performing underwriting and portfolio team.
What You Will Do:
- Oversees day‑to‑day operations of the Underwriting & Portfolio teams, including all Account Executives and Commercial Underwriters.
- Performs full managerial duties, including hiring, performance evaluations, coaching, discipline, and staff development.
- Ensures prudent, efficient underwriting by reviewing credit narratives and approving transactions within delegated authority limits.
- Manages department‑level reporting exceptions and establish debtor credit limits exceeding individual approval authority.
- Maintains compliance with credit quality standards, including revenue targets, funding ratios, approval ratios, and portfolio performance metrics.
- Manages credit origination scorecards and approval authorization levels.
- Develops, documents, and maintains departmental policies and procedures; ensure periodic reviews and proper application of risk ratings.
- Utilizes CID and related systems to guide and oversee all facets of the underwriting process.
- Collaborates with BDOs and Revenue leaders to structure proposal letters and provide final approval for all proposals issued; support training of BDOs alongside the Revenue leadership team.
- Partners with Revenue leadership to support sales alignment and funding objectives.
- Works with Collections, Asset Management, and Legal to develop strategies for resolving distressed, delinquent, or troubled accounts.
- Collaborates with the Data Analytics team to develop portfolio reporting, monitor origination trends, and refine credit origination metrics.
- Coordinates responses to internal and external auditor requests and ensure compliance with documentation and reporting requirements.
- Other duties as assigned.
What You Will Need:
- Bachelor’s degree or equivalent education and work experience. Master’s degree preferred.
- Typically 12+ years with bachelor’s or equivalent.
- Ability to effectively lead others.
- Excellent verbal and written communication skills.
- Ability to manage multiple, competing priorities.
- The ability to partner and influence at various levels, both internally and externally.
- Alternative Energy Portfolio, Underwriting or Asset Management experience
- Prior people leadership
Preferred Skills:
- Prior OCC regulated bank experience
- 10+ years of interdisciplinary commercial finance experience (Alternative Energy, C&I, CRE)
- Experience leading several, cross-functional teams with an emphasis on Alternative Energy
The responsibilities listed above are not all inclusive and may be changed at any time.
Salary range: $150,000 – $227,000
The salary range reflects the minimum and maximum target for a new hire in this role. Individual pay within the range will be determined by multiple factors which can include but are not limited to a candidate’s experience, qualifications, skills, and location. Your recruiter can share more about the specific salary for your location during the hiring process. Ranges may be modified in the future.
This role is also eligible for an annual performance-based incentive opportunity. Pathward offers a comprehensive benefits package for eligible employees, including health insurance, 401(k) retirement benefits, life insurance, disability benefits, paid time off, and more.
#LI-Remote
Don’t have everything listed under qualifications? If you’re excited about this role but your experiences don’t match exactly to everything in the posting, we encourage you to apply anyway. You may be just the right candidate for this or other Pathward roles. Pathward is an equal employment opportunity employer and considers candidates for roles without regard to their race, sex, national origin, ethnicity, age, disability or any other category protected by law.
Who we are:
Our commitment to inclusion is woven into our DNA. We believe that we are strongest when we embrace the voices of our employees, customers, partners, and the communities we serve.
We provide equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, ethnicity, religion, sex, sexual orientation, gender identity, transgender status, pregnancy, national origin, age (age 40 and over), disability, genetic information, marital status, hair texture or hairstyle, ancestry, service in the uniformed services, protected veteran status, status as a victim of domestic violence or any other class protected by federal, state and local laws.
Please click here to learn more about our benefits and review information about our Privacy Policy, Affirmative Action Plan and other notices. Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. For assistance completing an application, please contact a Pathward People & Culture Representative by emailing – [email protected]
Please click here to view Pathward’s Applicant Privacy Notice.
Applications will be accepted for a minimum of 3 days after posting, and there is no predetermined date by which applications should be submitted.
Knowingly submitting false information will result in disqualification for consideration of future positions, termination of employment and forfeiture of other rights.
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