US Chief Risk Officer
Description
Position at Funding Circle US
US Chief Risk Officer
Location: Denver or San Francisco
Who are we?
We want to help small businesses win. That’s why we’re here.
We connect small business owners to investors – to create jobs, support local communities and power economies – because we believe that people are made to do more. And we want to help realize their goals.
So, we created the leading small business loan platform. Investors have lent $13.1 billion in 130,000 loans to 90,000 small business owners. In a single year, this lending unlocked 115,000 jobs and contributed $8.4 billion to the global economy. There’s never been a better time to join!
Be part of the team that changes everything. Let’s build the place where small businesses can get the funding they need to win and leave a legacy behind, forever.
What will you be doing?
- Your role will be to lead the risk function for Funding Circle in the US and help the US Managing Director develop SME lending activities in a sustainable way. In the current economic environment, you will have great responsibilities to guide business growth whilst steering the loan portfolio through the crisis.
- You will be a senior leader of the broader Funding Circle organisation and a key contributor to shaping the company strategy, developing the company culture and be a role model of the Funding Circle values.
- Reporting directly to the Funding Circle Global CRO, you will be a member of his global Risk & Analytics leadership team, as well as a member of the US business leadership team.
- Managing a team of c.30 risk professionals, your direct responsibilities will encompass all risk management activities for Funding Circle in the US: credit strategy, risk analytics, credit underwriting, portfolio risk management, risk reporting and forecasting, collections, and risk governance across risk types. You will chair the US Credit Risk Committee.
- You will propose and develop innovative solutions to improve the efficiency and effectiveness of risk controls and enable market-leading customer experiences
- You will collaborate with the Product and Technology teams to maintain and improve our infrastructure around risk systems, loan originations, and collections
- You will be a key partner to the Capital Markets team, supporting the interactions with external investors who conduct due diligence on FC asset or enquire about the performance of their investments
- You will represent Funding Circle in various interactions with third parties – regulators, investors, partners, vendors and help position the company as a trusted party
About you
- Typically, 20+ years’ experience in credit risk management gained at specialised lenders, retail banks or consulting outfits with a strong record of sound risk decisions and successful credit performance. Small business lending experience is preferable.
- Mature judgement, excellent quantitative skills, and critical thinking
- Strong leadership skills and ability to interact and influence across the organisation
- Typically a Master’s degree in a quantitative field (Finance, Mathematics, Economics, Engineering…)
- Passionate about Funding Circle’s mission and values – agile, collaborative, creative, great to work with
It’s in our differences that we find our strengths.
At Funding Circle, we celebrate and support the differences that make you, you. We’re proud to be an equal opportunity workplace and affirmative action employer. We truly believe that diversity makes us better.
We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.