Vice President-ABS Credit Risk

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Vice President – ABS Credit Risk

Join a growing Structured Finance Risk team responsible for overseeing complex warehouse lending and securitization exposures across consumer and specialty finance markets. This role sits at the intersection of credit underwriting, collateral analysis, and portfolio surveillance, providing independent risk oversight throughout the life cycle of ABS warehouse facilities. The successful candidate will evaluate originators, underwriting programs, collateral performance, and transaction structures while partnering closely with front-office teams and senior risk stakeholders to protect the firm's balance sheet and support prudent growth.

Position Overview
The Vice President will be responsible for independent assessment and ongoing monitoring of warehouse financing facilities, asset-backed securitizations, and specialty finance exposures.
lead credit underwriting and risk assessment efforts related to collateral, financing structures, portfolio acquisitions, and securitization transactions. The candidate will be expected to Primary responsibilities include evaluating collateral performance, borrowing base methodologies, transaction structures, credit enhancement levels, and ongoing risk exposures while providing recommendations to senior business and risk stakeholders.

Essential Job Functions
Transaction & Credit Risk Assessment

- Perform independent credit risk assessment for asset-based financing facilities, warehouse lending transactions, portfolio acquisitions, and securitizations.

- Analyze collateral pools, portfolio performance trends, loss characteristics, cash flow dynamics, and credit enhancement structures.

- Evaluate collateral eligibility, ownership, perfection, borrowing base methodologies, concentration limits, advance rates, and financing structures.
Collateral & Due Diligence Review

- Review collateral performance trends, third-party diligence findings, loan file reviews, AUP reports, and collateral examinations.

- Identify material credit, collateral, operational, and structural risks and assess the adequacy of proposed risk mitigants.

Facility & Structure Risk Oversight

- Evaluate advance rates, concentration limits, eligibility criteria, credit enhancement levels, borrowing base methodologies, and transaction structures.

- Monitor active facilities for covenant compliance, trigger performance, collateral migration, and emerging risks.

Portfolio Surveillance

- Prepare and present credit memoranda, risk assessments, underwriting recommendations, and portfolio monitoring reports to financing, investment, and risk management teams.

- Monitor existing financing facilities for covenant compliance, collateral performance, trigger breaches, and emerging credit risks.
Stakeholder Management

-  Partner with originators, servicers, auditors, consultants, and legal counsel throughout the lifecycle of approved facilities
Qualifications & Requirements

- 6+ years of experience in underwriting warehouse facilities, ABS transactions, portfolio acquisitions, or structured lending transactions.  Experience within Structured Finance Risk, ABS or RMBS credit risk, Securitized Products Risk, Structured Credit or Rating Agency (e.g. Moodys, S&P, Fitch, KBRA) preferred.

- Experience analyzing collateral performance and evaluating consumer and specialty finance assets within financing or securitization structures.

- Strong understanding of originator underwriting frameworks, collateral performance analytics, and warehouse facility structures.

- Ability to analyze large datasets and identify material credit, collateral, operational, and regulatory risks.

- Strong written and verbal communication skills, including the ability to present findings and recommendations to senior management and transaction stakeholders.

- Highly organized with strong attention to detail and project management skills.

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Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is
$175,000.00 - $210,000.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.
Pay Transparency Nondiscrimination Provision

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
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