Credit Risk Manager
Marqeta is a card-issuing and payment-processing technology company. Its platform helps fintechs, financial institutions, and technology companies build and manage debit, credit, prepaid, and virtual card programs.
About Marqeta, Inc.
Marqeta provides a modern, API-driven card issuing platform for embedded payment and financial-service experiences. It offers card issuing and processing, virtual cards, Just-in-Time funding, dynamic spend controls, PCI-compliant widgets, fraud and risk tools, tokenization, data insights, and program management. Its customers use the platform for consumer and commercial payments, digital banking, credit, supplier payments, expense management, and commercial banking solutions.
Skills
About the Role
You will lead manual underwriting and account management for SMB and commercial credit card programs. You will develop and refine credit policies, manage credit lines and spend controls, monitor portfolio risk, partner on risk models and data strategies, prepare governance documentation, and advise bank partners and internal stakeholders.
Requirements
- 5+ years building credit card risk and pricing programs, ideally at a fintech.
- Hands-on manual underwriting experience with SMB and/or commercial credit card products.
- Experience with manual underwriting using bureau data, cash flow analysis, and financial statement analysis.
- Experience developing, monitoring, and adjusting credit policy and risk strategy.
- Experience with line assignment, spend controls, account-management strategy, prospective-customer risk assessments, and card-program acquisition strategy.
- Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field.
- Expertise in Excel and SQL modeling.
- Strong financial statement, accounts payable, and liquidity analysis skills for SMB and commercial entities.
- Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers.
- Ability to communicate complex credit concepts to executive, partner, and cross-functional audiences.
Responsibilities
- Own end-to-end manual underwriting for new SMB and commercial card customers using bureau data and cash flow analysis.
- Build, review, and refine credit risk origination strategies, including line assignment, spend controls, and account-management policies.
- Adjust credit card policies based on portfolio performance and risk trends.
- Establish strategies that drive approval rates, new accounts, loss rates, profit margin, and other KPIs.
- Partner with data scientists to build commercial credit risk and cash flow models.
- Develop credit stacks and data strategies using bureau, bank, cash flow, financial statement, accounts payable, and liquidity data.
- Manage credit lines, spend controls, and exposure across the SMB and commercial portfolio.
- Build portfolio tracking and early-warning frameworks for utilization, payment behavior, and concentration risk.
- Draft underwriting and risk documentation.
- Support bank partners with model validation and governance.
- Report KPIs and risk performance to senior management.
- Advise bank partners and customers on credit strategy improvements.
- Collaborate with Banking, Product, Finance, and Capital Markets stakeholders.
Benefits
- Annual bonus for eligible employees.
- Multiple health insurance options.
- Flexible time off.
- Retirement savings program with company contributions and after-tax contributions.
- Equity in a publicly traded company.
- Employee Stock Purchase Program.
- Family-forming benefits.
- Fertility support.
- Up to 20 weeks of parental leave.
- Free therapy sessions.
- Financial, professional, and legal coaching.
- Monthly remote-work stipend.
- Freedom to live and work where you and your family thrive.
