Senior Credit Risk Manager

4 weeks ago


Philadelphia, Pennsylvania, United States Perpay - Career's Page Full time
About Us

We're a financial services company dedicated to building simple and inclusive financial products that help our members improve their financial futures.

We believe everyone deserves a chance to create healthy financial habits and achieve economic stability. Our mission is to provide innovative solutions that make a positive impact on people's lives.

Our Products

We've developed a range of products to help our members achieve their financial goals, including:

  • Perpay Marketplace: A platform that combines interest-free payments with modern e-commerce to reduce the cost of ownership and promote healthy repayment behavior.
  • Perpay+: A service that leverages Marketplace repayment history to help members monitor and build credit with all three credit bureaus.
  • Perpay Credit Card: A card that expands access to the flexibility and benefits of a World Mastercard by removing common barriers like high security deposits and low approval odds.
The Role

We're seeking a Senior Credit Risk Manager to join our team and play a critical role in developing and optimizing credit risk management strategies. This position requires a seasoned professional with a strong background in credit risk management and a proven ability to provide strategic insights to enhance our risk management practices.

The ideal candidate will have analytical proficiency, effective communication skills, and the ability to collaborate with diverse stakeholders. They will be responsible for formulating credit risk strategies, designing and overseeing champion/challenger testing, and utilizing SQL, Excel, and other analytical tools to perform detailed data analysis and develop mitigation strategies.

Responsibilities
  • Develop and implement credit risk strategies to enhance profitability, boost revenue, reduce credit losses, and increase customer lifetime value.
  • Design and oversee champion/challenger testing, evaluate the results, and recommend updates to credit policies based on findings.
  • Utilize SQL, Excel, and other analytical tools to perform detailed data analysis, identify potential risks, and develop mitigation strategies.
  • Lead and mentor a team of analysts, collaborating with Decision Science, Marketing, Finance, Operations, Technology, Compliance, Legal, and other departments to achieve credit strategy initiatives.
  • Translate complex risk-related data into actionable strategic insights and recommendations.
  • Oversee multiple projects and initiatives to ensure they align with the company's risk appetite.
What We Offer
  • Competitive salary and company equity.
  • 401k with company match.
  • Medical, dental, and vision insurance.
  • Flexible Spending Account (FSA).
  • Relocation assistance.
  • Pre-tax commuter benefit.
  • Student loan repayment match.
  • Gym subsidy with City Fitness.
  • Cell phone plan.
  • Paid parental leave.
  • Unlimited PTO.


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