other
Posted 3 hours agoCredit Risk Senior Manager
at Marqeta
United StatesRemote
Responsibilities
- 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
- Establish strategies that directly drive KPIs: approval rates, new accounts, loss rates, profit margin, and more Modeling & Data
- Draft underwriting and risk documentation
- Support bank partners on model validation and governance
- Report KPIs and risk performance to senior management regularly
- Collaborate across Banking, Product, Finance, and Capital Markets as an internal strategic resource and external-facing advisor Who you are
Requirements
- Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field Technical Skills
- Expert in Excel and SQL modeling
- Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers
- Demonstrated ability to adapt credit strategies in response to portfolio performance changes or macroeconomic conditions Your Manager
- – Solve for the Customer: With a deep understanding of our customers' business and empathy for their needs, we deliver products and services that drive their success.
- – Make it Count: We drive forward with focus and agility. With a sense of urgency and purpose, we get the job done, and done right.
Experience
- 8+ years building credit card risk and pricing programs, ideally at a fintech — across consumer and/or commercial underwriting
Benefits
- Embedded within finance, this role will support Marqeta’s evolving managed credit card programs by shaping credit risk strategy across acquisition and account management, pricing, performance and portfolio monitoring, in partnership with cross functional execution teams across product, engineering, sales, operations and other functional areas.
- We work Flexible First . This role can be performed remotely in the United States, only in one of our Premium or National locations, which you can review here .
- Proactively adjust credit card policies based on portfolio performance and risk trends
- Proven ownership across the full credit card lifecycle:
- Offer! Compensation and Benefits
- Compensation is aligned according to three tiers within the United States:
- Premium : Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
- Premium Plus : A tier for the most expensive working areas, like the San Francisco Bay area and New York City.
- When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:
- Premium+: $180,600- $225,800
- Premium: $166,200 - $207,700
- National: $153,500 - $191,900
- We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.
- Along with monetary compensation, Marqeta offers
- Multiple health insurance options
- Flexible time off – take what you need
- Retirement savings program with company contribution and after tax contributions
- Equity in a publicly-traded company and an Employee Stock Purchase Program
- Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
- Monthly stipend to support our remote work model
- Annual “development dollars” to support our people growth and development
Additional details
- You will drive innovation to establish best in class credit strategies in partnership with internal stakeholders and external bank partners and customers.
- You will create something unique in the embedded credit space: a marketplace that enables fintech apps, wallets, and merchants to offer credit products at scale.
- Partner with data scientists to build best-in-class credit risk and cash flow models
- Work with product to develop modern credit stacks and data strategies leveraging financial, bank, and third-party datasets — enabling underwriting automation at scale
- 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
- Serve as a risk consultant to bank partners and customers — recommending improvements to credit strategies
- Credit policy and risk strategy development, monitoring, and adjustment
- Approval, line assignment, and pricing strategy design
- Comfortable using data to build alignment across stakeholders with competing priorities