Chief Credit Officer and Executive Vice President

Breakout Finance is a leading Fin Tech lender & commercial credit solutions provider transforming the financial landscape by providing a wide range of affordable, transparent working capital solutions for small businesses across the country. We are committed to one goal: helping small businesses seize their potential and become a breakout success. We’re constantly working for small business owners, leveraging our innovative solutions and partnerships with industry leaders to help our customers achieve unparalleled growth.

Join our growing team and become a champion for small business!

• Working at Breakout is more than just a job. It’s:
• Being encouraged to be honest and forthright with customers.
• Being empowered to break down the barriers of traditional thinking.
• Embracing the power of innovation to both grow our business & optimize funding for our customers.
• Being rewarded for strong performance, leadership, and proactive solutions.
• Holding the conviction that you can make a difference to the millions of small businesses in need of affordable funding.
• Embracing the dedication to always do the right thing.
• Feeling good about what you do for a living.

We want our employees to know they are part of something special. We want every employee to be invested in our success. To help accomplish this sense of purpose and shared ownership, we offer competitive compensation and equity for all employees.

The ideal candidate is an entrepreneurial, results-driven leader in commercial lending and related financial services, able to provide both strategic and day-to-day management of a centralized credit team charged with leading the credit team, managing credit-related projects and relationships, overseeing credit compliance, managing credit risk, managing credit personnel, and handling reporting related to Credit Review. The Chief Credit Officer & Executive Vice President will lead efforts to drive efficiencies and process improvements while ensuring timely and accurate team deliverables.

• Participate as an executive officer in the leadership of Breakout Finance, including as its Chief Credit Officer & Executive Vice President, strategist, and credit risk officer
• Chair the Credit and Risk Committee; grant exceptions to credit policy and underwriting guidelines, subject to Credit and Risk Committee approval
• Lead credit strategy and portfolio analysis, compliance, and optimization
• Lead credit innovation, including development, testing, and implementation of new products and features
• Lead administration of, and compliance with, credit facilities, participation and syndication arrangements, and forward flow arrangements
• Lead relationships with all vendors related to credit, including credit risk
• Lead integration of credit products and services with technology providers
• Demonstrate leadership, strong people management skills, and excellent project management
• Manage the Credit Operations team of Underwriters, Closing Specialists, and Managers, including their reviews and career development at Breakout Finance.
• Develop structure and manage project plans in a complex, dynamic environment, iterating on plans as priorities shift and requirements evolve
• Lead a range of projects by providing strategic and tactical direction to peers and direct reports, as well as influence and guide the senior leadership team
• Design credit and risk policy and drive process improvement opportunities, ensuring cross-organizational buy-in and execution, with an eye to increased efficiencies and quality work product
• Creatively resolve complex challenges, escalates process breaks, and work closely with stakeholders as part of remediation and solution
• Inspire, motivate, and promote open communication, teamwork, diversity, and inclusion
• Drive collaboration across all areas of Credit Operations to ensure consistency, sharing of best practices, and optimization of resources and talent
• Develop and execute a risk-based review plan for credit exposures, including individual deal sampling and testing
• Review individual credit files to assess the overall credit process and accuracy of risk…