SVP, Credit & Risk - Equipment Financing

Zocalo Recruiting

SVP, Credit & Risk - Equipment Financing

Cleveland, OH
Full Time
Paid
  • Responsibilities

    Role Overview

    The SVP, Credit & Risk leads all aspects of credit risk for a commercial equipment finance lender. This executive will build credit policy, oversee underwriting and portfolio quality, and manage risk across a diverse set of equipment assets and industry verticals.



    Key Responsibilities

    • Credit Policy:

      Develop and maintain credit standards and risk appetite for equipment leasing and lending.

    • Underwriting Oversight:

      Approve or reject large/complex deals; review exceptions beyond standard models or guidelines.

    • Portfolio Risk:

      Monitor asset concentrations, sector exposures, and collateral values; run stress tests and portfolio analytics.

    • Asset & Industry Expertise:

      Assess risks specific to equipment types (construction, ag, transport, renewables, etc.) and borrower segments.

    • Model & Process Innovation:

      Work with data, tech, and product teams to improve automated/AI-driven credit models and digital workflows.

    • Secondary Market & Trading Risk:

      Oversee asset sales/participations and manage risk for any trading desk activity.

    • Compliance & Covenants:

      Ensure adherence to lender requirements, funding partner covenants, and regulatory standards.

    • Team Leadership:

      Build, develop, and lead a team of credit and risk professionals.

     


    Qualifications

    • 10+ years in equipment finance, asset-based lending, or commercial credit risk.

    • Deep understanding of asset-based underwriting and collateral valuation.

    • Experience with automated credit models or fintech underwriting tools.

    • Strong portfolio management and stress testing skills.

    • Demonstrated ability to lead a credit/risk function in a fast-paced environment.

    • Knowledge of institutional funding and warehouse lines is a plus.

    • Proven leadership in building and developing teams.


    Preferred Experience

    • Secondary market asset sales or trading.

    • Background in tech-enabled or high-growth lending environments.

    • Ability to translate analytics and data insights into practical credit policy.



    Why This Role

    • Executive influence over credit strategy in a rapidly evolving sector.

    • Opportunity to lead risk management at the intersection of finance, assets, and technology.