Fintech Credit Risk

Summary

Join Cross River's Fintech Banking Business Credit Risk team as an AVP Fintech Credit Risk and contribute to the company's risk culture by working with integrity and adhering to company policies and procedures. You will create and enhance change submission processes, support internal requests for added functionality, oversee and report on process completeness, and streamline escalation processes. The role also involves enhancing report submission and collection tools, improving internal risk oversight and management, supporting risk management of payment products, and assisting in developing and improving the Bank's credit risk framework. You will review and approve credit policy changes for fintech partners. This position requires a Bachelor's degree in a related field, 5-10 years of experience in credit policy reviews, and experience with JIRA and Archer. Strong quantitative and analytical skills, excellent communication skills, and the ability to work independently are essential.

Requirements

• Bachelors’ degree in finance, accounting, economics or related major
• 5-10 years of experience in performing credit policy reviews in the financial services industry
• Experience with using and improving processes in JIRA and Archer
• Experience with creating oversight reports in SQL, JIRA, and Archer
• Detailed understanding of compliance, fair lending, BSA, and marketing departments
• Strong product knowledge of payments, unsecured lending, and card products
• Ability to communicate effectively with internal and external stakeholders
• Ability to thrive in a fast-paced, rapidly changing environment and work independently. High level of organizational skills with the ability to multitask, work at a rapid pace, and meet deadlines
• Comfortable with learning and applying new software tools to risk control process
• Strong quantitative and analytical skills and ability to defend risk control decisions
• Excellent written and verbal communications skills and attention to detail

Responsibilities

• Contribute to Company risk culture by working with a high degree of integrity and always adhering to Company policies and procedures
• Create and enhance change submission process across all products with the goal of stream-lining approval process and risk controls
• Support internal requests for added functionality to change submission process using internal and external software
• Oversee and report on completeness of change submission process. Streamline escalation process for issues in change submission process
• Enhance report submission and report collection tools
• Improve internal risk oversight and management using internal submission tools
• Support risk management of all the bank’s payment products
• Assist in developing and improving the Bank credit risk framework by reviewing and updating new or existing policies and procedures
• Review and approve credit policy changes for fintech partners

Preferred Qualifications

Programing skills is a bonus (SQL/Python)

Benefits

$140,000.00 - $150,000.00