Credit Risk Senior Manager
About the role
Lead Marqeta’s credit risk and pricing strategy, launching and scaling credit programs. Drive innovation in embedded credit space, partnering with internal stakeholders and external bank partners and customers.
Responsibilities
- Own end-to-end credit strategy initiatives
- Build, review, and refine credit card risk and pricing strategies
- Proactively adjust credit card policies based on portfolio performance and risk trends
- Create strategies that directly drive key performance indicators (KPIs)
- 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
- Provide analytical support to co-brand partners, including loss forecasts and profitability analysis
- Support bank partners on model validation and governance
- Report KPIs and risk performance to senior management regularly
- Serve as a risk consultant to bank partners and customers, recommending improvements to credit strategies
- Collaborate across Banking, Product, Finance, and Capital Markets as an internal strategic resource and external-facing advisor
Requirements
Experience & Background:
- 8+ years building credit card risk and pricing programs, ideally at a fintech — across consumer and/or commercial underwriting
- Proven ownership across the full credit card lifecycle: Credit policy and risk strategy development, monitoring, and adjustment
- Approval, line assignment, and pricing strategy design
- Risk assessments for prospective partners
- Acquisition strategy across card programs
- Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field
Qualifications
- Expert in Excel and SQL modeling
- Comfortable using data to build alignment across stakeholders with competing priorities
- Collaboration & Communication: Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers
- Exceptional communicator — able to translate complex credit concepts for executive, partner, and cross-functional audiences (written and verbal)
- Mindset & Adaptability: Comfortable in a build environment — moves fluidly between strategy and execution without a large supporting team
- Thrives in fast-paced, dynamic settings with shifting priorities
- Demonstrated ability to adapt credit strategies in response to portfolio performance changes or macroeconomic conditions
Skills
- Expertise in Excel and SQL modeling
- Strong data analysis and modeling skills
- Excellent communication and collaboration skills
- Ability to adapt to changing environments and priorities
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. Compensation is calibrated to a competitive value according to working location. The new-hire base salary range for this position is: Premium+: $180,600- $225,800Premium: $166,200 - $207,700National: $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
Pay
The new-hire base salary range for this position is: Premium+: $180,600- $225,800Premium: $166,200 - $207,700National: $153,500 - $191,900
Schedule
Remote in the United States, only in one of our Premium or National locations. Visit this page or consult with a Recruiter to determine which tier would be applicable to you.