Senior Manager, Remote - Secured Lending & Model Governance

Upstart; United States; On-site; USD 172,000 - 238,000; Full time

Job summary

Upstart, a leading AI lending marketplace, seeks a Senior Manager to own end-to-end Whole Loan Trading & First-Line Model Governance. You will lead a small team of analysts, partner with Credit Risk, Capital Markets, Model Risk Management, and cross-functional stakeholders to ensure governance, controls, and performance within risk appetite.

You will translate portfolio trends into remediation plans, escalate material risks, and help Upstart maintain exam-ready operations across secured lending

Qualifications

• 8+ years of experience in business-line credit risk, loan quality, asset-backed or secured lending operations, or first-line model governance supporting secured or asset-backed consumer lending products.
• Experience with loan-level quality review, loan salability oversight, Capital Markets or investor delivery, repurchase or put-back risk, bank partner audits, collateral documentation review, or pre-sale quality control in a regulated lending environment.
• Experience monitoring portfolio performance and asset quality indicators across multiple origination channels, including early payment default, delinquency, prepayment, loss severity, non-performing loan trends, credit policy exceptions, threshold breaches, or channel-level pricing and fair lending patterns.
• 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 loan salability, asset quality, credit, or first-line model governance programs.

Responsibilities

• Lead the secured lending asset quality and loan salability function across channels, setting the review methodology, operating cadence, reporting standards, and escalation routines for a team of analysts.
• Monitor portfolio-level salability risk across secured lending channels and escalate repurchase risk to Capital Markets and bank partners before impacting loan sale execution.
• Track asset quality and portfolio performance indicators linked to salability, including delinquencies, defaults, prepayment, and loss severity metrics.
• Evaluate origination and channel quality across secured lending programs, including collateral documentation and pricing consistency.
• Own first-line model implementation and performance oversight for secured lending models, including monitoring and change impact assessment.
• Translate findings into remediation plans and escalate risks before they affect loan sale execution or regulatory readiness.

Skills

Secured lending

Loan salability

Model governance

Capital Markets liaison

Risk management

Cross-functional leadership

Tools

Policy documentation

Job description

Upstart, a leading AI lending marketplace, seeks a Senior Manager to own end-to-end Whole Loan Trading & First-Line Model Governance. You will lead a small team of analysts, partner with Credit Risk, Capital Markets, Model Risk Management, and cross-functional stakeholders to ensure governance, controls, and performance within risk appetite.

You will translate portfolio trends into remediation plans, escalate material risks, and help Upstart maintain exam-ready operations across secured lending