Compensation Overview

The Head of Credit Risk position will report to the Chief Operating Officer.

As the Head of Credit Risk, you will:

• Be responsible for leading, motivating, and managing a high-performing risk organization. 
• Oversee credit risk policy and the credit risk assessment process, including the development of risk models, scoring systems, and underwriting criteria. 
• Oversee the company’s credit risk management strategy and promote a strong credit risk culture that aligns risk management efforts with overall business objectives. 
• Prepare and present comprehensive risk reports to executive leadership and other relevant stakeholders.
• Represent the organization in discussions with regulators, auditors, capital suppliers, investors, bank partners, and other external stakeholders on matters related to credit risk management.

Your Impact:

• This role involves attracting, growing, and inspiring a skilled team, fostering a collaborative and innovative environment, and driving strategic use of data to monitor and implement risk mitigation strategies. 
• Drive innovation in risk management practices by staying informed about industry trends, emerging risks, and new technologies, and integrating best practices into the company’s risk framework.
• Drive continuous improvement initiatives to enhance the effectiveness and efficiency of credit risk management systems and processes.
• Foster a culture of risk awareness and compliance throughout the organization, promoting a proactive approach to identifying and mitigating credit risks.
• Prepare and present comprehensive risk reports to executive leadership and other relevant stakeholders.
• Represent the organization in discussions with regulators, auditors, capital suppliers, investors, bank partners, and other external stakeholders on matters related to credit risk management.

About You: 

• 15+ years of experience in risk management roles within fintech or banking industry lending, risk management, risk analytics, credit, data science, fraud or information management
• 10+ years personnel management experience, experience managing managers is preferred
• Knowledge of applicable laws and regulations governing the lending industry, including regulatory compliance experience
• Proven track record of developing and implementing effective risk management strategies
• Strong understanding of credit risk modeling, regulatory compliance and risk mitigation strategies
• Deep understanding of loss forecasting modeling techniques and risk mitigation strategies
• Experience and knowledge of the development and deployment of credit workflows
• Willing to travel to the Oakland or Salt Lake City office monthly to collaborate with other Earnies

Even Better:

• Experience managing 3rd party decision engines, building workflows, and integrating 3rd party data providers to increase auto approval rates 
• Experience collecting or deploying strategies to improve collections on pre and post-default accounts 
• Student loan experience 
• Experience with Alloy, FNI, or Provenir
• SAS, SQL, Python experience
• Ability to build and deploy underwriting models
• Ability to build default and recovery models

Where:

• This role will be based in either the San Francisco Bay Area, CA or in the Salt Lake City, UT area
• While you’ll enjoy the flexibility of remote work, we also love to see our Earnies face-to-face! We ask you to join us at our Oakland or Salt Lake City office for 3 consecutive days a month for team collaboration and some fun. It’s a chance to connect, share ideas, and maybe even grab some coffee together!

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