Senior Manager, Credit Risk

Overview

This role involves leading credit risk and pricing strategy to launch and scale credit programs from inception. The Senior Manager, Credit Risk will develop innovative credit strategies in collaboration with internal teams and external bank partners, creating scalable credit products for fintech applications, wallets, and merchants. Embedded within finance, the position supports managed credit card programs by shaping credit risk strategy across acquisition, account management, pricing, performance, and portfolio monitoring.

This position can be performed remotely within the United States but must be located in one of the organization's designated Premium or National locations.

Responsibilities

• Own end-to-end credit strategy initiatives, including framework design, implementation, and ongoing monitoring
• Develop, review, and refine consumer and commercial credit card risk and pricing strategies
• Adjust credit card policies proactively based on portfolio performance and risk trends
• Establish strategies that impact key performance indicators such as approval rates, new accounts, loss rates, and profit margins
• Collaborate with data scientists to build credit risk and cash flow models
• Work with product teams to develop credit stacks and data strategies leveraging financial, bank, and third-party datasets to enable underwriting automation at scale
• Partner with capital markets on securitization structures, warehouse lines, and forward flow deals
• Provide analytical support to co-brand partners, including loss forecasts and profitability analysis
• Draft underwriting and risk documentation
• Support bank partners on model validation and governance
• Report key performance indicators and risk performance to senior management regularly
• Serve as a risk consultant to bank partners and customers, recommending improvements to credit strategies
• Collaborate cross-functionally with Banking, Product, Finance, and Capital Markets teams
• Lead and mentor a small team of Credit Risk Analysts (1–3 people), guiding day-to-day priorities and professional development

Requirements

• 8+ years of experience building credit card risk and pricing programs, preferably in fintech, across consumer and/or commercial underwriting
• Proven ownership of the full credit card lifecycle, including credit policy and risk strategy development, monitoring, adjustment, approval, line assignment, pricing strategy design, risk assessments for partners, and acquisition strategy
• Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field
• Expert proficiency in Excel and SQL modeling
• Ability to use data to build alignment among stakeholders with competing priorities
• Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers
• Exceptional communication skills, capable of translating complex credit concepts for executive, partner, and cross-functional audiences both verbally and in writing
• Comfortable working in a fast-paced, dynamic environment with shifting priorities
• Demonstrated adaptability in credit strategies responding to portfolio performance changes or macroeconomic conditions

Preferred Qualifications

• Experience in a build environment, moving fluidly between strategy and execution without a large supporting team

Compensation and Benefits

• Base salary ranges based on work location tier within the United States:
  • Premium Plus: $180,600 - $225,800
  • Premium: $166,200 - $207,700
  • National: $153,500 - $191,900
• Annual bonuses based on individual and company performance
• Multiple health insurance options
• Flexible time off policy
• Retirement savings program with company contributions and after-tax options
• Equity in a publicly traded company and an Employee Stock Purchase Program
• Family-forming benefits, fertility support, and up to 20 weeks of parental leave
• Access to free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support remote work
• Annual development funds for professional growth
• Flexible work environment allowing employees to live and work where they thrive

Location

Remote within the United States, restricted to designated Premium or National locations as defined by the organization.