Trovy
Director of Credit
New York City · Director
Sponsorship not specified$170k-$210kDetected 85 days ago
PythonSQLForecastingValuationLeadershipUnderwriting
About the role
- You'll work closely with our CEO, COO, product, and engineering teams, and have direct influence over the performance and risk profile of Trovy's loan portfolio.
Responsibilities
- Own and continuously refine Trovy's credit policy across the HELOC product, including eligibility criteria, LTV/CLTV limits, and draw controls
- Develop and maintain underwriting guidelines that balance risk appetite with growth objectives
- Design and document exception frameworks and escalation procedures
- Partner with legal and compliance on any policy changes that carry regulatory implications
- Own Trovy's loan pricing model, including margin setting, risk-based pricing logic, and rate floor/cap parameters
- Support capital markets and lending partner discussions with pricing data and portfolio economics
- Own Trovy's collateral valuation methodology, including AVM vendor evaluation, model selection criteria, and cascade logic
- Develop and maintain AVM QC policy, including confidence score thresholds, field review triggers, and override procedures
Requirements
- Ability to communicate complex credit concepts clearly to non-credit stakeholders, including investors and regulators
- Comfort operating in ambiguity and making defensible decisions without perfect information
- Strong quantitative and analytical skills - comfortable building models, running regression analyses, and drawing conclusions from messy data
- Proficiency in SQL; experience with Python or R a strong plus
- Experience at a fintech lender preferred; bank or credit union background considered
- A builder's mindset - you're energized by creating policy and infrastructure from scratch, not just inheriting it
- Strong judgment on where to take risk and where to be conservative, calibrated by data
- A collaborative approach - you'll work across every function at Trovy
Nice to have
- Conduct ongoing portfolio monitoring and flag emerging risk trends early
- 7+ years of experience in credit, underwriting, or risk at a lender, bank, or fintech
- Direct experience with consumer real estate credit (HELOC, home equity, mortgage) strongly preferred
- Proficiency in SQL
- experience with Python or R a strong plus
- Experience with credit bureau data, AVM outputs, and automated underwriting systems
- Familiarity with income verification methodologies including GSE-style documentation, bank statement analysis, and third-party verification vendors (such as Plaid, Argyle, Equifax Work Number)
- Experience at a fintech lender preferred
Compensation
- $170,000 - $210,000 + Equity.
- Market Opportunity: Join a team tackling the $30T home equity market.
- Early Impact: Help shape our operations from the ground up.
- Ownership: Competitive salary, meaningful equity, and room to grow.
- Success: No sales commissions; your success is measured by customer outcomes, not volume
Benefits
- 401K account, 100% company-paid dental, medical, vision and life insurance, flexible time off, and more.
- Competitive salary, meaningful equity, and room to grow.
This listing is sourced directly from Trovy's careers page and normalized into a canonical job model.