Percent · 16 hours ago
Chief Credit Officer
New York, NY
Full-time
Onsite
Director/Executive
$250K/yr - $350K/yr
15+ years expPercent is a fintech company revolutionizing access to private credit through its innovative platform. They are looking for a Chief Credit Officer to lead their asset management business, overseeing credit-related activities and ensuring best-in-class execution for clients.
Financial Services
Responsibilities
Oversee all credit-related activities throughout an entire deal life cycle from origination, underwriting, syndication, portfolio management and servicing. activities
Direct management of the underwriting and portfolio management team based primarily in New York and Buenos Aires
Chair our credit committee and guide rigorous underwriting, documentation and ongoing performance monitoring standards
Responsibly scale assets under administration by playing a key role in managing the deal pipeline with capital deployment while maintaining our industry leading 7+ year performance track record in lender finance.Refine credit underwriting methodologies, risk management frameworks, credit approval policies and procedures, and ongoing portfolio management processes according to industry best practices. Lead all existing and future deal work-out efforts to maximize recoveries
Guide the syndication team with asset allocation decisions to match capital with appropriate deal flow
Partner with our originations team to provide guidance and credit views on new sub asset classes or deal structures
Support our institutional sales team's efforts to build relationships with key capital partners and investors
Grow and deepen senior-level relationships across the private credit ecosystem
Represent Percent externally as a senior market-facing leader with credibility and conviction
Provide strategic and macro economic views on favorable sub-asset classes of lender finance
Partner with compliance to ensure alignment with FINRA regulations and all supervisory requirements
Mentor and develop team leads while strengthening cross-functional coordination with product, operations, enterprise software sales and data analytics teams
Drive continuous improvement across workflows, internal and external reporting, and governance infrastructure
Qualification
Required
15+ years of asset management, capital markets or private credit investing experience across structured credit, asset-based finance, direct lending, or related disciplines, particularly in lower middle or middle market with sub $100m transaction sizes
Proven track record leading asset management, capital markets, origination, syndication, or structured credit teams within a high-growth environment
Demonstrated experience constructing, managing, and optimizing private credit portfolios and deal pipelines balancing both commercial and risk considerations
Demonstrated experience leading credit committees and complex underwriting processes
Demonstrated experience negotiating complex legal documentation to affect bespoke structured credit transactions at scale
Comfortable building and maintaining relationships with institutional capital partners as well as wealth management channels
Experience sourcing and negotiating bespoke credit facilities and financing structures
Experience in restructuring and handling work outs of debt facilities
Excellent communication and executive presence with the ability to influence internal and external stakeholders
Operationally disciplined with experience institutionalizing processes and scaling infrastructure
Analytically rigorous, commercially driven, and detail-oriented
Entrepreneurial and highly motivated, with a strong commitment to execution and excellence
Solid understanding of FINRA-regulated environments; Series 24, 7, 63, and 79 required (or willingness to obtain immediately)
Benefits
Competitive base salary, bonus incentive structure and equity compensation
Hybrid work environment in NYC
Commuter stipend
Paid vacation days
100% paid medical coverage for employee/family
Dental & vision insurance
401(k)
Company
Percent
Percent is unlocking private credit and providing unparalleled access through its modern private credit market, empowering investors, borrowers, and underwriters with innovative technology to increase the speed and frequency of transactions at a fraction of the cost.
51-200 employees
H1B Sponsorship
Percent 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
2024 (1)
2023 (1)
2022 (5)
2021 (2)
2020 (3)
Funding
Current Stage
Growth StageLeadership Team
Nelson Chu
Founder and CEO
Prath Reddy, CFA
CEO of Percent Securities, LLC
Company data provided by crunchbase