Director of Credit Risk Management

This position is listed on behalf of a partner company, who manages all applications and next steps. Our partner is looking for a Director of Partner Credit Risk Management & Oversight based in United States.

This is a senior leadership opportunity focused on strengthening credit risk oversight across a growing Banking-as-a-Service and fintech partner ecosystem. You will lead a second-line credit risk function designed to support responsible growth while maintaining strong risk governance and independent oversight.

• Lead, develop, and manage a team of Partner Credit Risk Managers responsible for second-line oversight of partner credit programs.
• Establish, maintain, and continuously enhance a comprehensive credit risk oversight framework covering the full BaaS partner portfolio.
• Develop and recommend credit risk policies, standards, controls, and risk appetite requirements for partner credit programs.
• Evaluate partner credit models, underwriting strategies, portfolio structures, and program designs, providing approval or recommendations to senior leadership as appropriate.
• Monitor partner portfolio performance, identifying trends, concentrations, emerging risks, deteriorating performance, and appropriate mitigation plans.
• Guide the development and implementation of early warning indicators, portfolio stress scenarios, exposure monitoring, and other forward-looking risk tools.
• Provide independent and credible challenge to partner assumptions, models, forecasts, underwriting approaches, and reported performance.
• Collaborate with fintech partners, program managers, and internal stakeholders to ensure credit practices remain aligned with established risk expectations and appetite.
• Support due diligence and onboarding of new BaaS partners, including comprehensive credit risk and financial assessments.
• Design and implement effective controls for counterparty credit risk management, including ongoing monitoring and escalation standards.
• Lead assessments of partner financial strength and stability, including analysis of financial statements, cash flows, liquidity, capital adequacy, and funding structures.
• Establish counterparty risk ratings, exposure limits, monitoring requirements, and escalation thresholds.
• Identify and escalate risks associated with partner sustainability, operational dependencies, financial condition, and changing market conditions.
• Support compliance with regulatory expectations and third-party risk management requirements, including applicable guidance from banking regulators.
• Engage with senior stakeholders and regulators on credit risk matters, examinations, portfolio performance, and risk management practices.
• Balance business innovation and partner growth opportunities with disciplined credit risk governance and the organization's overall risk appetite.

• 12+ years of experience in credit risk, lending, risk management, or a related function within a bank or other regulated financial institution.
• 5+ years of experience in a second-line-of-defense, independent oversight, or comparable risk governance function.
• Proven experience leading teams and influencing cross-functional stakeholders at senior levels.
• Demonstrated experience working with fintech partners, Banking-as-a-Service platforms, embedded finance models, or comparable partner-based financial services ecosystems.
• Strong expertise across consumer and small business lending portfolios, including underwriting, portfolio management, credit risk frameworks, and governance.
• Deep experience in counterparty credit risk assessment, including financial statement, cash flow, liquidity, capital, and funding analysis.
• Strong analytical capabilities with the ability to transform complex portfolio and financial data into clear, actionable risk insights.
• Familiarity with credit models, stress testing methodologies, portfolio analytics, and relevant data analysis tools.
• Excellent written and verbal communication skills, with the ability to provide effective challenge and influence senior executives and other stakeholders.
• Experience interacting with banking regulators, particularly in connection with BaaS, fintech partnerships, or related examinations, is highly desirable.
• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
• An advanced degree such as an MBA, MS, or equivalent is preferred.
• Strong judgment and strategic thinking, with the ability to balance innovation, commercial growth, and rigorous risk discipline.
• Willingness and ability to travel as required.

• Base salary range of $146,230–$195,217.
• Fully remote work environment.
• Full-time leadership opportunity with significant influence over partner credit risk strategy and governance.
• Opportunity to lead and develop a specialized credit risk team.
• Exposure to innovative Banking-as-a-Service, fintech, and embedded finance business models.
• Three medical plan options, with HSA availability and employer contributions on eligible plans.
• Flexible Spending Accounts for healthcare and dependent care expenses.