[Hiring] Senior Director, Credit Risk @Marqeta

Role Description

As Marqeta's Senior Director, Credit Risk, you will lead our underwriting team and be responsible for developing and designing strategy to help us launch and scale successful credit programs. You will mentor and develop a world-class team of credit risk professionals and drive innovation to establish best-in-class credit strategies and underwriting models.

This role requires someone who can represent Marqeta at the highest levels with customers and partners as our head of underwriting and credit risk strategy. You will work closely with internal stakeholders including Product, Risk Operations / Servicing, 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 or from our headquarters in Oakland, CA.

Qualifications

• 12-15+ years of experience in credit underwriting at major banks.
• Understanding of both traditional banking rigor and fintech pace.
• Bachelor's degree or equivalent in Finance, Business, Accounting, Economics, Statistics, Math or similar fields (Advanced statistical background - PhD in Statistics, Mathematics, or quantitative field strongly preferred).
• Proven track record across diverse portfolio types including:
  • Co-brand credit programs
  • Subprime lending
  • Consumer credit cards
  • Commercial credit cards
• Strong desire to "run your own shop" and build something transformative.
• Belief in Marqeta's disruptive vision for credit.
• Expertise in Excel and SQL modeling plus strong programming and data analytics experience in R or Python.
• Experience in capital markets (ABS, securitization, warehouse lines) and fraud management (nice to have).
• Exceptional communication skills.
• Ability to work in a fast-paced, dynamic environment and adapt to changing priorities.

Requirements

• Scale and lead Marqeta's credit organization.
• Mentor, guide and develop a high-performing team that will scale from 2 to 10+ professionals over the next 1-2 years.
• Oversee portfolio performance and account management activities across diverse portfolio types.
• Build, review, and refine Marqeta's consumer and commercial underwriting models.
• Proactively monitor and adjust Marqeta's credit policies based on performance and risk trends.
• Establish credit strategies for our co-brand, consumer and commercial credit card programs.
• Enhance underwriting and risk documentation.
• Partner with product to build modern credit stacks and data strategy.
• Represent Marqeta's credit capabilities and vision to customers and bank partners.
• Provide risk consulting services to our bank partners and customers.

Benefits

• 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.
• Flex First - the freedom to live and work wherever you and your family thrive.