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  1. Home
  2. Finance
  3. MQ Referrals Only
  4. Credit Risk Senior Manager, Underwriting
MQ Referrals Only

Credit Risk Senior Manager, Underwriting

MQ Referrals Only•Finance
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United States·Remote·US Only
Full-time
Lead / Principal
$206,800 – $258,500
4 days ago

Location requirements

  • This position is available to candidates in US
SQLCommunication
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About this role

As Marqeta’s Credit Risk Senior Manager, Underwriting, you will lead our credit risk strategy helping us to launch successful credit programs. You will drive innovation to establish best in class credit strategies and underwriting models. You will work closely with internal stakeholders including Banking, Product, Finance, and Data while partnering and building strong relationships with external bank partners and customers.

We work Flexible First. This role can be performed remotely anywhere within the United States. We’d love for you to join us!

The Impact You’ll Have

  • Build, review, and refine Marqeta's consumer and business underwriting strategies
  • Proactively monitor and adjust Marqeta’s credit policies based on performance and risk trends
  • Work with data scientists to build best in class credit risk and cash flow models
  • Establish credit strategies for our consumer and commercial credit card programs that directly drive KPIs, i.e., approval rates, new accounts, loss rate, profit margin etc.
  • Draft underwriting and risk documentation, work with bank partners on model validation and governance, and report KPIs to senior management on a regular basis
  • Partner with product to build modern credit stacks and data strategy leveraging financial, bank, and third-party datasets, to enable underwriting automation with big data.
  • Provide analytical support and materials (loss forecasts, profitability) for capital markets and co-brand partners
  • Provide risk consulting services to our bank partners and customers, recommending improvements to credit strategies

Who you are

  • 8+ years of experience in credit, fintechs preferred
  • Bachelor's degree or equivalent college-level education in Finance, Business, Accounting, Economics, Statistics, Math or similar fields
  • Experience partnering with product and finance teams to bring best-in-class credit strategies and solutions to market
  • Expertise in Excel and SQL modeling
  • Experience in any one of the following:
    • capital markets (e.g., ABS, securitization, warehouse lines), and
    • fraud management
  • Strong verbal and written communication skills
  • Ability to work in a fast-paced, dynamic environment and adapt to changing priorities

Your Manager

Neha Nanda, Senior Director, Credit Risk

Our (typical) process:

  1. Application Submission
  2. Recruiter video call
  3. Hiring manager video call
  4. Virtual “Onsite” consisting of 4-5, 45 min calls
  5. Offer!

Compensation and Benefits

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:

  • National: A baseline tier that applies to most of the geographic territory of 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.

Visit this page or consult with a Recruiter to determine which tier would be applicable to you.

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+: $206,800- $258,500
  • Premium: $190,200 - $237,800
  • National: $175,800 - $219,700

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
  • Free therapy sessions, financial and professional coaching, and legal advice
  • Monthly stipend to support our remote work model
  • Annual “development dollars” to support our people growth and development
  • Through Flex First, the freedom to live and work wherever you and your family thrive
Apply for this position

Please mention you found this job on YesRemoteJobs - it really helps us!

Requirements

  • 8+ years of experience in credit, fintechs preferred
  • Bachelor's degree or equivalent college-level education in Finance, Business, Accounting, Economics, Statistics, Math or similar fields
  • Experience partnering with product and finance teams to bring best-in-class credit strategies and solutions to market
  • Expertise in Excel and SQL modeling
  • Experience in any one of the following:
  • capital markets (e.g., ABS, securitization, warehouse lines), and
  • +3 more

Benefits

401(k) / RetirementEquity/Stock OptionsFertility BenefitsGenerous PTOHealth InsuranceMental Health SupportParental LeavePerformance BonusRemote WorkUnlimited PTO

About MQ Referrals Only

Marqeta has re-engineered how payment cards, virtual cards and mobile authorization products should be developed and deployed. The Marqeta Platform, built from the ground up with no legacy infrastructure, provides the world's first fully documented, open API issuer processor platform. Companies can build, issue and deploy innovative payment, finance and commerce solutions with enormous control over what, where, and how purchases are authorized. Adopters of The Marqeta Platform include leading financial services, e-commerce, retail, and social media brands. Engineered in California, The Marqeta Platform integrates with Visa, MasterCard and Discover and makes it easier than ever to make payments, receive payments, reward customers and create more efficient business processes. Learn more at

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