Head of Underwriting – Credit Fund

Xsolla
United States
Workplace: RemoteFull timeFunction: Insurance & ActuarialSkills: ["Leadership","Mentoring","Governance","Communication","Attention to compliance"]

Build the underwriting framework for a new private credit fund from scratch, integrating Xsolla’s payments telemetry and game-revenue data into repeatable credit policies. Lead underwriting and structuring of lending facilities for game studios, draft and negotiate credit documentation, and run credit committee governance with full audit trails. Serve as the credit authority in LP diligence and support fundraising, while hiring and mentoring the junior underwriting team.

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Xsolla
Xsolla
5 days ago

Head of Underwriting – Credit Fund

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Last checked: 3 hours agoStatus: Live

Job Summary

Build the underwriting framework for a new private credit fund from scratch, integrating Xsolla’s payments telemetry and game-revenue data into repeatable credit policies. Lead underwriting and structuring of lending facilities for game studios, draft and negotiate credit documentation, and run credit committee governance with full audit trails. Serve as the credit authority in LP diligence and support fundraising, while hiring and mentoring the junior underwriting team.
Location: United States
Workplace: Remote
Employment Type: Full time
Job Function: Insurance & Actuarial
Seniority: Sr. Director level

Key Responsibilities

  • •Design the fund’s underwriting framework from scratch, including credit policy, underwriting standards, rating/scoring methodology, templates, and approval workflows.
  • •Integrate Xsolla’s payments telemetry and game-revenue data into underwriting as an information advantage.
  • •Lead underwriting and structuring of lending facilities for game studios and gaming businesses, including financial analysis, downside/recovery cases, and documentation.
  • •Stand up and run the credit committee process, maintain audit trails, and establish portfolio monitoring with covenant tracking and a workout playbook.
  • •Serve as the credit authority for LP diligence and support capital formation, including portfolio/risk guidance and track-record presentation.

Pay and Benefits

Perks:Health InsuranceDentalVisionPaid LeaveLearning Budget

Key Requirements

  • •7+ years in private credit, direct lending, specialty finance, or leveraged finance, with personal responsibility for underwriting and closing institutional credit transactions.
  • •Experience at an early-stage or first-time credit fund where credit policy was written from scratch and you provided LPA input and first LP diligence.
  • •Ability to design underwriting standards, rating/scoring methodology, credit memo templates, and approval workflows for LP diligence.
  • •Experience underwriting lending facilities using financial analysis, revenue durability, downside cases, and recovery analysis.
  • •Experience structuring term loans/revolvers and royalty- or revenue-based structures with covenants, collateral, borrowing bases, and pricing.
Experience:Private creditDirect lendingSpecialty financeLeveraged financeCredit funds
Skills:LeadershipMentoringGovernanceCommunicationAttention to compliance

Company Brief

Xsolla
Provides payment, billing, distribution and commerce solutions for video game developers and publishers, enabling in-game purchases, store infrastructure, fraud protection, and global payment processing to monetize games across platforms and regions.
Industry: Payments
Company Size: Large (251 to 1,000 employees)
Growth: Established Company
Headquarters: Sherman Oaks, Los Angeles, United States
Founded: 2005
WebsiteLinkedIn