Credit and Underwriting Manager

We are looking for an experienced commercial credit professional who will lead all aspects related to commercial credit decision making including account approval, credit line/ portfolio management management and credit risk mitigation. The position will report to the head of risk management.

This will be a hybrid role based out of our New York office with an in-office requirement of 3x a week.

What you'll do:

• Underwrite high-balance credit requests using financial and bank statements, funding/ investment history, commercial credit bureau data and macro/ industry data
• Lead a continuous evolution of our internal credit rating/ scoring process that will be primarily automated
• Monitor the credit quality and performance of our portfolio and our risk management policy/ process and provide periodic insights to senior management
• Refine and develop our risk appetite, credit provision and credit policies continuously to reflect changes in our portfolio, macroeconomic conditions and credit performance
• Monitor the efficacy of our credit risk management policies and enhance them to improve risk/ reward trade-offs 
• Execute on our credit insurance management strategy and periodically evaluate program performance 
• Work closely with senior leaders and business partners on implementation of risk management initiatives

We're looking for:

• 5+ years of holistic commercial card portfolio analytics experience including credit performance and quality, yield/ profitability, provision management etc.
• 5+ years of commercial credit underwriting, ratings or related functional experience (collections, portfolio monitoring, financial planning etc.)
• Hands-on experience in development of credit risk management policy and expertise in credit approval framework and policy
• Experience in leveraging internal portfolio, macroeconomic, industry and external data in the development of risk appetite frameworks, credit policies and forward-looking forecasts
• Very strong analytical experience
• Commercial card credit risk management is a plus
• Strong partnership skills and proven success in working with business partners in sales, client management, product and operations

The posted pay range represents the anticipated low and high end of the compensation for this position and is subject to change based on business need. To determine a successful candidate’s starting pay, we carefully consider a variety of factors, including primary work location, an evaluation of the candidate’s skills and experience, market demands, and internal parity.

For roles with on-target-earnings (OTE), the pay range includes both base salary and target incentive compensation. Target incentive compensation for some roles may include a ramping draw period. Compensation is higher for those who exceed targets. Candidates may receive more information from the recruiter.Pay Range$74,250—$165,000 USD