Conventus · 6 hours ago
VP, Head of DSCR Lending
San Francisco, CA
Full-time
Hybrid
Senior Level, Lead/Staff
$140K/yr - $140K/yr
8+ years expConventus Holdings Corporation is focused on reducing economic intermediaries in the real estate bridge loan market. They are seeking an experienced Head of DSCR Lending to lead strategic growth in the Debt Service Coverage Ratio loan product line, overseeing product design, partner engagement, and operational execution.
Real Estate
Hiring Manager
Joshua Jordan
Responsibilities
Strategic Leadership: Define and execute the overall strategy for the DSCR product line, including market positioning, pricing, underwriting standards, and risk management
Product Management: Collaborate with capital markets, sales, ops, product, and technology, to refine/expand DSCR loan offerings, features, and processes
Sales Support & Enablement: Partner with Relationship Managers to provide training, deal structuring support, and borrower education to increase DSCR loan volume and quality
Revenue Growth: Identify channels to drive DSCR volume with experienced real estate investors, including both direct and wholesale channels, and drive significant lead growth and conversion rates throughout marketing and sales funnel
New Market Strategies: Develop GTM strategies for DSCR in new markets and recently opened markets
Loan Structuring & Pricing: Enhance the prescreening, structuring and pricing of DSCR loans to enhance conversion rates
Capital Markets Interface: Work closely with internal and external capital partners to ensure loan products meet requirements and demand
Operational Excellence: Oversee the DSCR pipeline to ensure effective end-to-end loan origination and funding of DSCR loans and a best-in-class borrower experience
Policies, Procedures and Guidelines: Ensure all policies, procedures and guidelines specific to DSCR loans are maintained in line with industry standards and investor requirements
Performance Management: Monitor product fall out rates, and close times as well as portfolio performance and default rates to drive continuous improvement and mitigate risk
Qualification
Required
Bachelor's in Finance, Business, or related field (MBA preferred)
8+ years of lending experience, especially in investment-property or DSCR/non-QM lending
Strong knowledge of underwriting DSCR rental loans and secondary market liquidity
Proven track record managing direct or correspondent DSCR channels
Collaborative, data-driven mindset
Excellent communication and leadership skills
Benefits
19 days PTO annually
Health Benefits (Health, Vision, Dental)
Life Insurance Coverage
Pre-tax commuter fund
Pre-tax medical fund
401k
Company
Conventus
All Hail California Property Developers.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Keith Tomao
Chief Executive Officer
Recent News
Company data provided by crunchbase