Senior Credit Risk Manager

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

📋 Description

• Take ownership of comprehensive credit strategy projects — from designing frameworks to implementation and continuous monitoring.

• Develop, assess, and enhance risk and pricing strategies for both consumer and commercial credit cards.

• Proactively modify credit card policies based on the performance of the portfolio and evolving risk trends.

• Create strategies that have a direct impact on key performance indicators: approval rates, new accounts, loss rates, profit margins, and more.

• Collaborate with data scientists to create top-tier credit risk and cash flow models.

• Work alongside product teams to design contemporary credit stacks and data strategies that utilize financial, banking, and third-party datasets, facilitating large-scale underwriting automation.

• Partner with capital markets on securitization frameworks, warehouse lines, and forward flow agreements.

• Offer analytical assistance to co-brand partners, including forecasts on losses and profitability analyses.

• Prepare documentation for underwriting and risk management.

• Assist banking partners with model validation and governance processes.

• Regularly report on KPIs and risk performance to senior management.

• Act as a risk consultant for bank partners and clients — suggesting enhancements to credit strategies.

• Collaborate with various departments such as Banking, Product, Finance, and Capital Markets, serving as both an internal strategic resource and an external advisor.

⛳️ Requirements

• Over 8 years of experience in developing credit card risk and pricing programs, preferably within a fintech environment — encompassing consumer and/or commercial underwriting.

• Demonstrated ownership throughout the entire credit card lifecycle:

• Development, monitoring, and adjustment of credit policy and risk strategies.

• Design of approval, line assignment, and pricing strategies.

• Conducting risk assessments for potential partners.

• Formulating acquisition strategies for card programs.

• A Bachelor’s degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related discipline.

• Proficient in Excel and SQL modeling.

• Skilled at utilizing data to foster alignment among stakeholders with differing priorities.

• Experience in cross-functional collaboration with product, engineering, finance, compliance, banking partners, and capital providers.

• Excellent communicator — capable of simplifying complex credit concepts for executive, partner, and cross-functional audiences, both in writing and verbally.

• Adaptable in a development environment — smoothly transitioning between strategy and execution without extensive support.

• Thrives in high-paced, dynamic environments with changing priorities.

• Proven ability to adjust credit strategies in response to shifts in portfolio performance or macroeconomic factors.

🏝️ Benefits

• A variety of health insurance options.

• Flexible time off – take what you need.

• Retirement savings program with company contributions and after-tax contributions.

• Equity in a publicly-traded company along with an Employee Stock Purchase Program.

• Family-forming benefits, fertility assistance, and up to 20 weeks of parental leave.

• Complimentary therapy sessions, financial and professional coaching, and legal support.

• Monthly stipend to facilitate our remote work model.

• Annual “development dollars” to promote growth and development for our team members.

• Through Flex First, the flexibility to live and work wherever you and your family can thrive.