Senior Manager, Secured Lending Risk & Governance (Remote)

Upstart; Northern (KY); Hybrid; USD 172,000 - 238,000; Full time

Benefits offered by this job

Equity grants

Annual bonus

401k match

Health coverage

Wellness allowance

Paid time off

Team events

Onsite lunches

Job summary

Upstart seeks a Senior Manager for Whole Loan Trading & First-Line Model Governance to own this function end-to-end, reporting to the Head of Secured Lending.

You will lead a small team of analysts and partner with Credit Risk, Capital Markets, Model Risk Management, Product, Engineering, Compliance, Legal, Operations, and bank partners to establish the methodology, monitoring cadence, governance materials, and reporting routines.

Qualifications

• 8+ years of experience in credit risk, loan quality, asset-backed or secured lending operations or first‑line model governance.
• Experience with loan salability oversight, Capital Markets or investor delivery, and pre‑sale quality control in a regulated lending environment.
• Experience monitoring portfolio performance and asset quality indicators across origination channels.
• Experience with first‑line model oversight, production model monitoring, and governance processes.
• Experience partnering with Capital Markets, investors, bank partners, or funding teams.
• Experience leading analysts and cross‑functional programs.

Responsibilities

• Lead the secured lending asset quality and loan salability function across channels, setting review methodology and reporting standards.
• Monitor portfolio salability risk, elevate concerns to Capital Markets and bank partners before actions impact loan sale execution.
• Track asset quality indicators, including delinquencies, defaults, and threshold breaches.
• Evaluate origination and channel quality, including collateral docs and pricing consistency.
• Own model implementation and monitoring for secured lending models, including version control and escalation.
• Translate findings into remediation plans and escalate risks before they affect loan sale or partner commitments.

Skills

Asset quality monitoring

First-line governance

Secured lending

Portfolio risk management

Partner collaboration

Lead analysts

Job description

Upstart seeks a Senior Manager for Whole Loan Trading & First-Line Model Governance to own this function end-to-end, reporting to the Head of Secured Lending.

You will lead a small team of analysts and partner with Credit Risk, Capital Markets, Model Risk Management, Product, Engineering, Compliance, Legal, Operations, and bank partners to establish the methodology, monitoring cadence, governance materials, and reporting routines.