BestEgg - Senior Director, Credit Risk Oversight - Consumer Lending (2nd Line of Defense)
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Requirements
• 12–15+ years of experience in credit risk management, portfolio risk, or consumer lending • Proven leadership experience managing teams and cross-functional risk initiatives • Deep expertise in credit underwriting, portfolio management, and risk strategy development • Experience within a FinTech and/or regulated banking environment • Strong familiarity with model governance, loss forecasting, and stress testing frameworks • Experience overseeing multi-product consumer lending portfolios • Regulatory Knowledge • Strong knowledge of consumer banking regulations and supervisory expectations, including: • ECOA / Regulation B (fair lending) • Experience interacting with regulators, internal audit, and compliance functions • Analytical thinker with the ability to connect portfolio performance, business strategy, and risk appetite • Comfortable navigating a dynamic, fast paced environment, managing shifting priorities while leading and developing other through change • Strong leadership and organizational influence skills • Advanced analytical and risk assessment capabilities • Excellent executive communication and presentation skills • Ability to operate effectively in a fast-paced, evolving FinTech environment
Responsibilities
• Leadership & 2LOD Credit Risk Governance • Lead and evolve the 2LOD credit risk oversight framework, including policies, standards, and governance practices • Provide independent oversight and credible challenge across underwriting, line management, pricing, and customer lifecycle strategies • Establish clear risk appetite frameworks, limits, and thresholds for credit performance • Portfolio Oversight & Risk Management • Oversee end-to-end portfolio performance, including originations, vintages, delinquencies, charge-offs, and profitability • Ownership of identifying emerging risks, evolving trends, and portfolio concentration opportunities • Translate portfolio-level risk insights into actionable recommendations that inform strategy decisions and support key decision-making • Marketing & Growth Strategy Oversight • Understanding of marketing and growth strategies impacts to ensure alignment with credit risk appetite and portfolio objectives • Review expansion strategies (e.g., new segments, channels, or products) for risk implications • Risk Appetite & Forecasting Alignment • Partner with Finance and Risk teams on portfolio forecasts, stress scenarios, and performance outlooks • Ensure consistency between risk appetite, business growth targets, and portfolio outcomes • Regulatory & Compliance Leadership • Ensure adherence to consumer lending regulations and supervisory expectations (e.g., ECOA/Reg B, FCRA, UDAAP, etc.) • Oversee fair lending risk management, including model bias, segmentation, and policy impacts • Serve as a key point of contact for regulatory exams, internal audit, and risk reviews • Reporting & Executive Engagement • Develop and deliver portfolio risk reporting, dashboards, and executive insights to senior leadership and risk committees • Present portfolio performance, emerging risks, and strategic recommendations to executive stakeholders • Ensure transparent and effective risk communication across the organization • Team Leadership & Build-Out • Build, lead, and develop a high-performing 2LOD credit risk oversight team • Provide direction and oversight to Director-level team members across: • Credit Risk Oversight • Collections/Recovery & Loss Oversight • Fraud Risk Oversight • Foster a strong risk culture and promote effective challenge across the organization • Transformation & Innovation Oversight • Provide oversight of new product launches, credit strategy changes, and FinTech innovations • Ensure appropriate governance for advanced analytics, alternative data, and AI/ML models • Drive continuous improvement in risk frameworks, tooling, and analytics capabilities
Benefits
• Best Egg offers many additional benefits for our employees, including (but not limited to): • · Pre-tax and post-tax retirement savings plans with a competitive company matching • · Generous paid time-off plans including vacation, personal/sick time, paid short-- • term and long-term disability leaves, paid parental leave, and paid company • · Multiple health care plans to choose from, including dental and vision options • · Flexible Spending Plans for Health Care, Dependent Care, and Health • Reimbursement Accounts • · Company-paid benefits such as life insurance, wellness platforms, employee • assistance programs, and Health Advocate programs • · Other great discounted benefits include identity theft protection, pet insurance, • fitness center reimbursements, and many more! • In compliance with the CCPA, Best Egg is fully committed to handling the personal information and data of employees and job applications responsibly with respect and due care. Review our CCPA Employee Policy here
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