Director of Credit Risk

January 5

🗽 New York – Remote

Although this job is listed in New York, this company may be open to hiring remote in other states.

💵 $225k - $250k / year

⏰ Full Time

🔴 Lead

👔 Director

🦅 H1B Visa Sponsor

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Relay

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Relay is a financial technology company that provides comprehensive business banking solutions specifically designed for small businesses. While Relay is not a bank itself, it partners with Thread Bank to offer banking services such as checking and savings accounts with competitive APY, issued Visa debit and credit cards, and FDIC insurance up to $3 million. The platform is tailored for business owners, accountants, and bookkeepers, providing features for receipt management, accounts payable, and integration with accounting software like QuickBooks Online and Xero. Relay emphasizes ease of use and extensive control over cash flow, with tools that allow users to categorize and allocate income, automate savings, and track expenses. This makes Relay particularly suitable for those adhering to the Profit First financial management system, offering features that help businesses automate their financing processes and manage funds efficiently.

51 - 200 employees

💳 Fintech

💸 Finance

🤝 B2B

📋 Description

• Our mission is to increase the success rate of small businesses. Traditional banking has been a growth limiter rather than a growth enabler for business owners, and we’re changing that. Relay is the all-in-one, collaborative money management platform. We’re building for employer SMBs and their finance function, internal and external, and are focused on delivering a human-centric customer experience. Ultimately, we help SMBs be ‘on the money'. • Relay is entering an exciting new chapter of growth! We’re looking for an experienced and data-driven leader within our Risk Team as our Director of Credit Risk. In this role you’ll impact our business by developing credit strategies supporting our credit card, and overall credit program. You’ll need strong conviction, and will need to be comfortable with data-driven decisions and strategy to support both internal and external teams. • This is a unique opportunity to get in on the ground floor and build Relay’s first credit program from the ground up alongside our founders. In this role you’ll have a massive impact on empowering the financial success of SMBs using our platform.

🎯 Requirements

• 5+ years experience in credit card risk strategy • 3+ years in a leadership capacity • Educational background in a quantitative field, economics, business, engineering or equivalent • Experience managing risk & reward optimization for lending programs • You’ve built a new product or program from 0 to 1 • Strong communication skills • Highly collaborative • Ability to influence and build buy-in amongst senior & executive leadership • Significant experience in cross-functional partnerships (sales, marketing, product, IT etc) • Extensive experience using test and learn frameworks

🏖️ Benefits

• Competitive salary and meaningful equity: every team member gets a piece of the pie. • Comprehensive health benefits: we offer full health benefits + an HSA/WSA starting from day 1 so you get the coverage you need. • Considerable vacation/end-of-year holiday shutdown: we take time off to reset and recharge so we come back better for our customers. • Hybrid work environment: we love collaborating and connecting in the office two times a week and offer catered lunches and a snack/beverage program for the days we’re in office. Don’t forget to bring in your furry friends! • Personal and professional growth: support from leaders who care about your growth and success through regular feedback and coaching. Our goal is to make Relay a step-change career opportunity. • Top-tier equipment: we’ll make sure you have everything you need to produce your best work. • Team-first culture: we’re passionate about working collaboratively, bonding through team events, and most importantly having fun.