Cross River · 9 hours ago
VP, Lending
Wilmington, DE
Full-time
Onsite
Senior Level, Lead/Staff
$160K/yr - $220K/yr
10+ years expCross River builds the infrastructure behind the world’s most innovative financial products. The VP of Lending will lead lending operations and strategy, driving innovation in lending practices while ensuring robust risk management and regulatory compliance.
BankingFinancial ServicesFinTech
Responsibilities
Develop and execute comprehensive lending strategies aligned with business objectives and risk appetite
Oversee consumer lending portfolio performance, analyzing trends, identifying optimization opportunities, and establishing KPIs
Lead development of new lending products and enhancement of existing offerings through cross-functional collaboration
Monitor portfolio health metrics including origination volumes, approval rates, loss rates, and profitability
Partner with data science and analytics teams to develop, validate, implement, and monitor credit decisioning models
Evaluate model performance and effectiveness, recommending adjustments to improve accuracy and business outcomes
Lead model governance practices ensuring compliance with regulatory requirements (SR 11-7, CECL, etc.)
Assess and mitigate risks associated with model use, including model risk, credit risk, and operational risk
Oversee underwriting policies and credit strategies to align with risk tolerance and business goals
Leverage deep understanding of the fintech ecosystem to identify partnership opportunities, market trends, and competitive dynamics
Collaborate with fintech partners, origination platforms, technology providers, and embedded finance partners
Drive digital transformation initiatives and evaluate emerging technologies and alternative data sources for credit assessment
Champion innovation in lending processes, automation, and customer experience
Establish and maintain comprehensive risk management frameworks for all lending operations
Ensure compliance with federal and state lending regulations including TILA, ECOA, FCRA, and state licensing requirements
Work closely with Compliance, Legal, and Risk Management teams to address regulatory requirements and audits
Lead fair lending initiatives, conduct disparate impact analysis, and ensure responsible lending practices
Qualification
Required
Bachelor's degree in Finance, Economics, Business, Statistics, or related field
10+ years of progressive experience in consumer lending or credit risk
5+ years in senior leadership
Strong knowledge of consumer credit products
Extensive experience working with credit models (development, validation, implementation, and monitoring)
Deep understanding of fintech ecosystems, digital lending platforms, and emerging technologies
Proven ability to work on risk areas of model use including model risk management and regulatory compliance
Proficiency in credit risk analytics, statistical modeling, and strong understanding of lending regulatory frameworks
Demonstrated success in building lending operations with excellent strategic thinking, communication, and cross-functional collaboration skills
Preferred
MBA or advanced degree
Experience in banking, fintech, or financial services organizations
Company
Cross River
Cross River Bank provides technology infrastructure powering the future of financial services.
501-1000 employees
H1B Sponsorship
Cross River has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (5)
2023 (3)
2022 (4)
2021 (2)
2020 (7)
Funding
Current Stage
Late StageTotal Funding
$908M2023-11-01Secondary Market
2022-03-30Series D· $620M
2020-05-11Debt Financing· $106M
Leadership Team
Gilles Gade
Founder, Chief Executive Officer, Chairman
Karan Mehta
Chief Financial Officer
Recent News
2025-12-24
2025-12-22
Company data provided by crunchbase