Credit Card Underwriting Manager

This is a fully remote position, open to applicants in California.

📋 Description

• Establish and lead the comprehensive credit risk management lifecycle in a newly created environment, which includes the Credit Risk Policy framework, the implementation and integration of the Loan Origination System (LOS), application quality assessment, automated and manual decision-making, and overseeing post-approval credit monitoring.

• Safeguard the program against credit and fraud losses while ensuring rigorous regulatory compliance.

• Manage application quality by designing both automated and manual decision-making processes, while taking ownership of the administration and performance of the Loan Origination Platform.

• Continuously assess and update the Credit Policy buy box in response to emerging market trends and performance data.

• Supervise model governance, which involves performance monitoring, recalibration, and coordinating independent model validation efforts.

• Actively monitor the performance, stability, and validity of the automated credit scoring model.

• Identify and address complex emerging fraud trends, such as "Sleeper" fraud (synthetic identities).

• Collaborate with the Operations team on Collections and provide reports on the Delinquency Pipeline, which includes Early-stage collections and roll rates.

• Manage the relationship and technical integration with the Loan Origination System (LOS) provider and credit bureau partners.

⛳️ Requirements

• Proven experience in credit card underwriting and credit risk management.

• Demonstrated capability to manage and update Credit Risk Policy frameworks and buy boxes.

• Strong analytical skills for monitoring automated model performance, portfolio delinquency, and detecting emerging fraud trends.

• Experience with KYC and credit quality verification processes for manual application reviews.

• Expertise in relevant consumer credit regulations, including Reg B and FCRA.

• Excellent problem-solving and communication skills suited for collaboration with cross-functional teams in a fast-paced, highly matrixed environment.

• Extensive experience in engaging with external vendors, including Loan Origination Systems, Credit Bureaus, KYC & Fraud providers.

🏝️ Benefits

• Health insurance

• 401(k) matching

• Paid time off

• Flexible working hours