Senior Credit Risk Manager

4 days 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. Our mission is to create healthy financial habits and achieve economic stability for all.

Our Products

We've developed innovative products to make a meaningful impact:

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

We're a motivated group of creative problem solvers who love getting things done and making an impact. Our one-of-a-kind space in Center City, Philadelphia, promotes a collaborative work environment and feels like a home away from home.

About the Role

We're seeking a Senior Credit Risk Manager with experience in consumer lending risk to join our team and play a critical role in developing and optimizing credit risk management strategies. This position requires a seasoned professional capable of navigating the intricacies of risk management to influence decision-making at various organizational levels.

Responsibilities
  • Formulate credit risk strategies for underwriting credit card products in both acquisition and portfolio management phases to enhance profitability, boost revenue, reduce credit losses, and increase customer lifetime value.
  • Design and oversee champion/challenger testing, evaluate the results, recommend updates to credit policies based on findings, and communicate strategies to stakeholders.
  • 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.
  • Effectively communicate risk-related information through data visualization tools and reports.
What We Offer
  • Competitive salary + company equity.
  • 401k with company match.
  • Medical / Dental / 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.
Perks
  • Opportunity to gain experience at one of the fastest-growing financial startups in the country.
  • Work on both e-commerce & fintech customer-facing products.
  • Collaborate cross-functionally with product, design, marketing, operations, data teams, and more.


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