Senior Manager, Credit Risk

Current•New York, NY

20h•$180,000 - $250,000

About The Position

We are looking for a Senior Manager, Credit Risk to join our team and drive the growth of our Credit and Liquidity products and business. This is a critical role for Current at a time of rapid growth. The key objectives of this role are to enable profitable growth of our Credit and liquidity products/businesses by focusing on Credit/underwriting strategy, design, execution, management and continuous improvement. We are looking for a person with exceptional analytical skills, a hands-on approach, and a business owner mentality.

Requirements

6+ years of management experience in standing up successful new underwriting for credit / liquidity products in digital and start-up environments
Deep knowledge and experience of underwriting and credit management domains including cash flow and credit data based underwriting, credit and banking data environments, successful underwriting / offer principles that balance revenue and risk, experiment design related to credit, customer behavior, risk modeling and ongoing portfolio management processes
Demonstrated competencies and capabilities in credit risk analytics across the lifecycle for different products including technical skills in SQL, Python and other modeling tools
Masters or Undergraduate degree with a quantitative concentration
Exceptional written and oral communication skills.
Strong people leader and collaborator.
Able to handle competing priorities and influence leadership decision-making

Nice To Haves

Credit Risk strategist - Has experience in credit risk domain throughout the lifecycle of credit and liquidity products
Critical thinker - consider problems from all angles to remove bias and touch bottom on key assumptions
Creative problem-solver - able to find creative solutions that finds win win across constraints and objectives
Results-oriented - You ground contributions in real business and customer impact and prioritize effectively to maximize speed-to-impact.
Fast learner - you have no problem picking up new skills or tools to get the job done.
Intellectually curious - seek to understand the why behind the numbers and love nerding out over a new insight
Exceptional written and oral communication skills. You drive alignment through grounded arguments, interpersonal skills, and negotiation skills.
Thrive when working in a fast-moving, ambiguous environment
Excited by large breadth of problem areas

Responsibilities

Develop strategy and roadmap for underwriting of products; drive continuous improvement of existing products to achieve business objectives
As an individual contributor, frame the credit product design, approach to underwriting analysis and modeling from beginning to end and simulate, iterate, validate the credit underwriting, offer terms
Be a hands-on leader that works with data analysts, cross-functionally and with external vendors to design, test, deliver, and monitor new underwriting and ongoing account management for our credit/ liquidity products including Paycheck Advance, Overdraft, and Credit Builder.
Work closely with internal stakeholders including: Finance to ensure a well-managed process for provisioning, true-up and release of loss allowances, and for funding strategy and execution; Legal/compliance for regulatory requirements
Interface with Bank partners on risk-related agenda and processes

Benefits

Competitive salary
Meaningful equity in the form of stock options
401(k) plan
Discretionary performance bonus program
Biannual performance reviews
Medical, Dental and Vision premiums covered at 100% for you and your dependents
Flexible time off and paid holidays
Generous parental leave policy
Commuter benefits
Fitness benefits
Healthcare and Dependent care FSA benefit
Employee Assistance Programs focused on mental health
Healthcare advocacy program for all employees
Access to mental health apps
Team building activities
Our modern Chelsea-based office with open floor plan, stocked kitchen, and catered lunches