Credit Risk Manager

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

📋 Description

• Create and uphold credit risk monitoring frameworks that evaluate portfolio performance against business plans, policy limits, and stress scenarios.

• Define key risk indicators, thresholds, and early warning signals that pinpoint emerging credit risks within evolving underwriting models and fluctuating economic conditions.

• Offer constructive challenges to first line of defense (1LOD) model development, treasury, credit strategy, and product leaders by leveraging portfolio insights to determine if performance aligns with risk appetite, policy expectations, and business plans.

• Collaborate with Machine Learning, Product, Risk, and Bank leadership teams to assess portfolio performance and suggest actions when risk metrics diverge from expectations.

• Work alongside peers in Model Risk Management and Fair Lending within second line teams.

• Prepare and deliver portfolio risk analyses, monitoring outcomes, and recommendations to senior leadership, governance committees, and other stakeholders.

• Design and execute governance processes, reporting routines, and operational mechanisms that comply with regulatory expectations and enable effective risk oversight.

• Provide independent scrutiny and oversight of credit policies, underwriting performance, and risk management practices while balancing innovation with prudent risk management.

⛳️ Requirements

• Bachelor’s degree in Finance, Economics, Statistics, Mathematics, Business, or a related quantitative field (or equivalent practical experience).

• Over 7 years of experience in consumer credit risk management, portfolio analytics, or credit risk oversight.

• Proven experience in analyzing credit performance throughout the consumer lending lifecycle, encompassing acquisition, underwriting, portfolio management, and repayment outcomes.

• Proficiency in data analysis tools such as SQL, Python, R, or similar analytical platforms to assess portfolio performance and risk trends.

• Experience in conveying quantitative analyses and risk assessments to senior business leaders through written reports and presentations.

🏝️ Benefits

• Competitive compensation package, which includes base salary, bonus opportunities, and annual equity grants that vest quarterly.

• Retirement benefits to facilitate future planning, including a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada).

• Employee Stock Purchase Plan (ESPP) with discounted stock purchase options available for eligible employees (US only).

• Comprehensive health coverage tailored to support you and your family, including medical, dental, vision, and wellness resources for the US, along with supplemental health coverage for Canada.

• Contributions to Health Savings Accounts from Upstart for eligible plans (US only).

• Income protection benefits, such as life insurance and disability coverage for enhanced financial security.

• Paid time off, sick leave, and company holidays, in accordance with local regulations.

• Paid family and parental leave to assist with caregiving and significant life events (duration varies by country).

• Family-oriented benefits to support fertility, parenthood, and caregiving needs.

• Employee Assistance Program (EAP) providing mental health support and life-centered resources.

• Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only).

• Annual wellness allowance to foster your physical and emotional well-being and personal development, based on your priorities.

• Annual productivity allowance for investing in relevant tools and resources necessary for optimal performance, regardless of your work location.

• Opportunities for connection and community through team events, all-company updates, and employee resource groups (ERGs).

• Onsite perks, such as catered lunches and fully stocked micro-kitchens when working from our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!).