Senior Manager, Asset Quality & Model Oversight

The role

You will lead the secured lending asset quality and loan salability function. You will manage a small team of analysts to monitor portfolio trends, model performance, and risk across various lending channels.

What you will do

• Lead the secured lending asset quality and loan salability function.
• Monitor portfolio-level salability risk across secured lending channels.
• Monitor asset quality and portfolio performance indicators.
• Evaluate origination and channel quality across secured lending programs.
• Own first-line model implementation and performance oversight.
• Translate findings into action by identifying root causes and remediation plans.

Required qualifications

• 8+ years of experience in financial services risk management, compliance, credit operations, asset quality, model governance, or a related control function supporting secured or asset-backed consumer
• Experience with loan-level quality review, loan salability oversight, investor delivery, repurchase or put-back risk, bank partner audits, collateral documentation review, or pre-sale quality control
• Experience monitoring portfolio performance and asset quality indicators across multiple origination channels.
• Experience with first-line model oversight, production model monitoring, model implementation governance, model inventory documentation, or model performance escalation processes.
• Experience leading analysts, managing a review function, or owning cross-functional risk, compliance, credit, asset quality, or operations programs.

Nice to have

• Familiarity with auto indirect or dealer channel lending dynamics.
• Knowledge of secured lending and secondary-market quality expectations.
• Knowledge of consumer lending and fair lending requirements relevant to secured products.
• Ability to evaluate production model execution, validation outputs, fair lending review outputs, underwriting accuracy, pricing consistency, and performance trends.
• Skilled in producing exam-ready policy documents, governance materials, issue tracking, executive summaries, and bank partner reporting.
• Risk or compliance certification, such as Certified Regulatory Compliance Manager, Financial Risk Manager, or equivalent credential.

Benefits

• Base pay, bonus opportunities, and annual equity grants that vest quarterly
• 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually
• Employee Stock Purchase Plan (ESPP) for eligible employees (US only)
• Medical, dental, vision, and wellness resources
• Health Savings Account contributions for eligible plans (US only)
• Life insurance and disability coverage
• Paid time off, sick leave, and company holidays
• Paid family and parental leave
• Family-centered benefits to support fertility, parenthood, and caregiving needs
• Employee Assistance Program (EAP)
• Financial wellness resources (US Only)
• Annual wellness allowance

About the company

Upstart is an AI lending marketplace that partners with banks and credit unions to expand access to affordable credit. The company is digital-first and aims to reduce the cost and complexity of borrowing for all Americans.