Senior Manager, Secured Lending Risk & Model Governance (Remote)

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

Benefits offered by this job

401k match

Equity grants

ESPP

Health coverage

Paid time off

Parental leave

Job summary

Upstart is seeking a Senior Manager for Whole Loan Trading & First-Line Model Governance in a remote role within the United States. You will lead a small team to oversee asset quality, loan salability, and model governance across multiple secured lending channels, coordinating with Capital Markets, Credit Risk, and partners to maintain risk within appetite.

The role emphasizes end-to-end responsibility, governance, and reporting, with close collaboration across Legal, Compliance, and Operations

Qualifications

• 8+ years of experience in business-line credit risk, loan quality, asset-backed or secured lending operations, or first-line model governance.
• Experience with loan salability, Capital Markets or investor delivery, repurchase or put-back risk, bank partner audits, collateral documentation review.
• Experience monitoring portfolio performance and asset quality indicators across multiple origination channels.
• Experience with first-line model oversight, production model monitoring, model implementation governance, or escalation processes.
• Experience partnering with Capital Markets, investors, bank partners, or funding teams to evaluate loan eligibility and mitigate exposure.
• Experience leading analysts, managing a review function, or owning cross-functional programs.

Responsibilities

• Lead the secured lending asset quality and loan salability function across channels, setting review methodology and governance for a small team.
• Monitor portfolio-level salability risk, track trends, and escalate issues before they affect loan sale execution.
• Track asset quality indicators such as defaults, delinquency, loss severity, prepayment, and fair lending patterns.
• Evaluate origination and channel quality across secured lending programs, including collateral documentation and lien perfection.
• Own first-line model implementation and performance oversight for secured lending models, including monitoring and change impact.
• Translate findings into remediation plans and escalate risks before they affect outcomes.

Skills

Credit risk

Loan quality

Asset-backed lending

First-line governance

Model governance

Capital Markets liaison

Team leadership

Education

CRCM / FRM or equivalent

Job description

Upstart is seeking a Senior Manager for Whole Loan Trading & First-Line Model Governance in a remote role within the United States. You will lead a small team to oversee asset quality, loan salability, and model governance across multiple secured lending channels, coordinating with Capital Markets, Credit Risk, and partners to maintain risk within appetite.

The role emphasizes end-to-end responsibility, governance, and reporting, with close collaboration across Legal, Compliance, and Operations