Senior Manager, Credit Risk

3 days, 15 hours ago
Full-time
Lead
Data Science and Analytics
Marqeta

Marqeta

Marqeta is a pioneer in modern card issuing and payment solutions, offering businesses instant card issuance and payment processing through their innovative open API platform.

Diversified Financial Services
251-1K
Founded 2010

Description

  • Own end-to-end credit strategy initiatives from framework design through implementation and ongoing monitoring.
  • Build, review, and refine consumer and commercial credit card risk and pricing strategies.
  • Adjust credit card policies based on portfolio performance and emerging risk trends.
  • Set strategies that influence approval rates, new account growth, loss rates, and profit margin.
  • Partner with data scientists to build credit risk and cash flow models.
  • Work with product teams to develop credit stacks and data strategies using financial, bank, and third-party data.
  • 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 and support model validation and governance with bank partners.
  • Report KPIs and risk performance to senior management and serve as a risk advisor to partners and customers.
  • Lead and mentor a small team of Credit Risk Analysts, including day-to-day prioritization and development.

Requirements

  • 8+ years of experience building credit card risk and pricing programs, ideally at a fintech.
  • Experience across consumer and/or commercial underwriting.
  • Proven ownership of the full credit card lifecycle, including policy development, approval strategy, line assignment, pricing, partner risk assessment, and acquisition strategy.
  • Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field.
  • Expert-level Excel and SQL modeling skills.
  • Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers.
  • Ability to translate complex credit concepts for executive, partner, and cross-functional audiences in written and verbal communication.
  • Comfort operating in a fast-paced, build environment with shifting priorities and limited support.
  • Ability to adapt credit strategies based on portfolio performance changes or macroeconomic conditions.
  • Preferred remote work in one of Marqeta's U.S. Premium or National locations.

Benefits

  • Base salary range of $153,500-$225,800 depending on U.S. location tier.
  • Annual bonuses for eligible employees.
  • Multiple health insurance options.
  • Flexible time off.
  • Retirement savings program with company contribution and after-tax contributions.
  • Equity in a publicly traded company plus an Employee Stock Purchase Program.
  • Family-forming benefits, fertility support, and up to 20 weeks of parental leave.
  • Free therapy sessions, financial and professional coaching, and legal advice.
  • Monthly stipend to support remote work.
  • Annual development dollars for learning and growth.

Interested in this position?

Apply directly on the company website

Apply Now

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