Upstart

Senior Manager, Loan Salability & Model Governance

United States | Remote · Senior

Sponsorship not specified$172k-$238kDetected 18 hours ago

SparkA/B TestingComplianceCadenceUnderwriting

About the role

Every day, we bring creativity, experimentation, and advanced AI to reshape access to credit, helping millions move forward financially with clarity and confidence.
But the numbers only hint at the impact.
Every idea, every voice, and every contribution moves us closer to a world where credit never stands between people and their financial progress.

Responsibilities

Lead the secured lending asset quality and loan salability function across home equity line of credit, auto direct, and auto indirect dealer channels, setting the review methodology, operating cadence, reporting standards, and escalation routines for a small team of asset quality analysts.
Monitor portfolio-level salability risk across secured lending channels - tracking eligibility adherence trends, defect patterns, collateral documentation quality, and exception concentrations; escalate repurchase and put-back risk to Capital Markets and bank partners before they affect loan sale execution or partner commitments.
Evaluate origination and channel quality across secured lending programs, including collateral documentation completeness, lien perfection, override trends, pricing consistency, dealer or partner performance, concentration risk, and potential fair lending exposure.
Own first-line model implementation and performance oversight for secured lending models, including production model monitoring, threshold tracking, version control, use-case boundaries, model inventory updates, change impact assessment, and escalation of performance degradation or out-of-bounds behavior.
Translate loan review findings, portfolio trends, and model performance signals into action by identifying root causes, defining remediation plans, tracking issue closure, and escalating risks before they affect loan sale execution, partner commitments, or regulatory readiness.

Requirements

8+ years of experience in financial services risk management, compliance, credit operations, asset quality, model governance, or a related control function supporting secured or asset-backed consumer lending products.
Experience with first-line model oversight, production model monitoring, model implementation governance, model inventory documentation, or model performance escalation processes.
Experience leading analysts, managing a review function, or owning cross-functional risk, compliance, credit, asset quality, or operations programs.

Nice to have

Familiarity with auto indirect or dealer channel lending dynamics, including pricing discretion, dealer markup, and fair lending considerations relevant to indirect origination channels
Ability to evaluate production model execution, validation outputs, fair lending review outputs, underwriting accuracy, pricing consistency, and performance trends against approved thresholds.
Risk or compliance certification, such as Certified Regulatory Compliance Manager, Financial Risk Manager, or equivalent credential.
Travel requirements As a digital first company, the majority of your work can be accomplished remotely.
The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites.
The in-person sessions' cadence varies depending on the team and role
most teams meet once or twice per quarter for 2-4 consecutive days at a time.

Skills

Individual pay is also determined by job-related skills, experience, and relevant education or training.

Compensation

At Upstart, your base pay is one part of your total compensation package.
The anticipated base salary for this position is expected to be within the below range.
United States | Remote - Anticipated Base Salary Range
$172,100 - $238,300 USD

Benefits

In addition, Upstart provides employees with target bonuses, equity compensation, and generous benefits packages (including medical, dental, vision, and 401k).
At Upstart, our benefits are designed to support your health, financial well-being, family, and personal growth.

Company info

Upstart's Secured Lending organization is building the first-line risk and control infrastructure that will support the next stage of growth across home equity line of credit, auto direct, and auto indirect dealer products.
The team helps ensure secured lending products operate with clear governance, durable controls, high-quality execution, and readiness for bank partner and regulatory review.
Loan Salability & Model Oversight is responsible for monitoring portfolio-wide trends across loan salability, asset quality, and model performance.
This function looks across the portfolio over time - tracking performance against investor and bank partner thresholds, interpreting model execution patterns, identifying systemic risk, and escalating findings before they become repurchase events, partner concerns, or examination issues.
As the Senior Manager, Loan Salability & Model Oversight at Upstart, you will own this function end-to-end, reporting directly to the Head of Secured Lending.
You will lead a small team of analysts and partner closely with Credit Risk, Capital Markets, Model Risk Management, Product, Engineering, Compliance, Legal, Operations, and bank partners to establish the methodology, monitoring cadence, governance materials, and reporting routines that keep Upstart's secured lending portfolio within risk appetite and exam-ready.
As a digital first company, the majority of your work can be accomplished remotely.
At Upstart, your base pay is one part of your total compensation package.

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This listing is sourced directly from Upstart's careers page and normalized into a canonical job model.