VP of Risk & Credit Underwriting

Jubilee Finance LLC is expanding its regional footprint across Tennessee, Mississippi, and

Arkansas to deliver subprime home improvement financing, and Jubilee is looking for two

foundational leaders to build our credit and operations infrastructure. Armed with a newly

secured $2 million warehouse line, Jubilee targets credit-denied homeowners needing vital

property renovations. Jubilee’s strategy is to originate, hold, and season these subprime

portfolios for 10 months before executing strategic asset sales on the secondary market. To

support this launch, Jubilee is hiring two strategic, hands-on professionals who thrive in an

entrepreneurial, highly regulated environment. Importantly, Jubilee is not involved in

mortgages; only consumer loans secured by an assignment of the contractor’s mechanic's lien.

To help Jubilee Finance LLC maximize its newly secured $2 million warehouse line, there are

two comprehensive, highly targeted job descriptions optimized for the unique subprime

consumer lending model. Because Jubilee’s strategy hinges on non-mortgage consumer loans

secured by mechanic's lien assignments and a 10-month seasoning lifecycle, these positions

prioritize triaging regional legal frameworks and institutional secondary market readiness.

1. VP of Risk & Credit Underwriting

Role Overview: Owns the multi-state credit policy, underwriting criteria, and portfolio

compliance metrics. This leader ensures that all originations remain strictly within

warehouse covenants while maximizing yield on credit-denied homeowners.

Key Responsibilities:

Member of the credit committee ensuring strict compliance with established

underwriting guidelines and regulatory matters.

Lien Security Management: Establishes validation protocols for the perfectibility

and assignment of general contractors' mechanic's liens across TN, MS, and AR.

Secondary Market Positioning: Monitors early-payment defaults and

delinquency trends to protect asset quality ahead of the 10-month sale target.

Warehouse Compliance: Strictly enforces eligibility criteria and concentration

limits required by your facility providers.

Working Regulatory & Compliance Knowledge of:

SAFE Act licensing requirements for underwriters who perform activities that

cross into loan origination.

Truth in Lending Act (TILA), ECOA, FCRA, UDAAP, and state lending laws.

Ability to help establish compliant underwriting policies and ensure adherence.

2. VP of Operations & Secondary Market Execution

Role Overview: Builds the infrastructure spanning contractor onboarding, loan

servicing, and institutional asset sales. These executive guarantees operational liquidity

by transforming seasoned consumer loans into pristine, institutional-grade whole loan

pools.

Key Responsibilities:

Secondary Market Distribution: Leads data-room curation, loan tape scrubbing,

and transaction management for regular 10-month asset sales.

Facility Treasury Management: Manages daily borrowing base calculations,

reporting timelines, and cash draws against the $2 million facility.

Operational Workflows: deploys and manages scalable Loan Origination (LOS)

and Servicing (LSS) platforms optimized for mechanic's lien tracking.

Contractor Interface: Standardizes regional onboarding, title search checks, and

mandatory completion sign-offs.

Must have the ability to manage:

Document collection

Verification calls

Contractor invoice tracking

Payment scheduling

Servicing inquiries

Must be proficient with LOS, CRM systems, and general office software

Pay: $80,000.00 - $125,000.00 per year

Work Location: In person

Salary : $80,000 - $125,000