Credit Strategy Lead

Summary

Join Settle, a company revolutionizing inventory management for small businesses, as their Credit Strategy Lead. In this role, you will enhance portfolio management tools, identify and improve processes, collaborate with various teams (risk operations, finance, capital markets), and work with data and engineering teams to improve underwriting models. You will also build reporting dashboards and conduct audits. This position requires 3+ years of commercial underwriting experience, strong analytical skills, proficiency in SQL and Excel, and a detail-oriented approach. Settle offers a competitive salary ($110,000-$160,000), equity, and a comprehensive benefits package including unlimited PTO, flexible/remote work, health insurance, and professional development stipends.

Requirements

• 3+ years of commercial underwriting experience at a bank, financial institution, or fintech company
• Thorough analysis of financial statements (P&L, BS, CF) and metrics
• Experience underwriting/managing asset-based loans, term loans, factoring facilities, merchant cash advances, credit cards, or other loan products
• Strong background in SQL and Excel
• Meticulously detail-oriented, with the ability to prioritize tasks effectively
• Self-starter mentality; work autonomously and lead projects with limited oversight
• Be resourceful and thrive in dynamic, rapidly evolving environments
• Critical thinker who can digest complex problems, weigh competing factors, articulate risks, and solve with cross-functional stakeholders

Responsibilities

• Strengthen our portfolio management tools to help us get ahead of potential delinquencies/defaults
• Assist the Credit team in identifying process gaps and implementing improvements
• Partner with our risk operations team to manage payment failures and triage escalations
• Serve as a cross-functional partner between credit, finance, capital markets, and risk operations to ensure accurate reporting for our borrowing facilities
• Work closely with our data and engineering teams to incorporate new data sets into our underwriting models (including building relationships with third-party data vendors)
• Build out monthly credit reporting dashboards
• Periodically perform underwriting audits to ensure we are complying with our internal policies

Preferred Qualifications

• Fintech/startup experience
• Prior portfolio management and/or workout experience

Benefits

• Unlimited PTO
• Flexible and remote work culture
• Generous salary and equity for all staff
• Health, dental, and vision coverage for you and your dependents
• Lunch & commute reimbursement when working in the NYC office located near Union Square
• $500 home office set up reimbursement
• $2,500 annual growth and development stipend
• $50 monthly food delivery gift card
• 401k
• HSA/FSA
• WeWork access
• ERG groups e.g. LGBTQIA+, Women @ Settle, and more!
• Employee Referral Program
• Team building events