What are the responsibilities and job description for the Credit Officer & Head of Risk position at Splitit?
Location: Atlanta, GA
About Splitit
Our vision is to help consumers responsibly enrich their lives by leveraging the credit they’ve already earned in a new and impactful way. Today consumers want control of how they pay for the things they want and need. Splitit is the only payment platform that enables consumers to use their existing credit to break payments into smaller, bite-sized pieces to pay over-time with no interest, applications or fees. That keeps money in the hands of shoppers to use as they want. By helping shoppers pay small we help businesses grow big. That’s a win-win. Splitit operates globally and has offices in Atlanta and Tel Aviv.
Who We Are
Our culture is an environment of innovation, inspiration, and open communication. We live by the following values: Unique Perspective. Unwavering Courage. Bold Determination. Deliver Impact. Our values aren’t words we post on the wall- they make up the essence of who we are and how we make business decisions. They also shape the way we hire- so if you work with us, you will likely embody these too.
What You’ll Do
Splitit is seeking an experienced credit and risk officer to enable the delivery of innovative and reliable credit products and services. This role is responsible for leading the oversight of our consumer lending and merchant installment products, including underwriting, portfolio management, and risk management. To be successful, this role requires a strong background in credit and risk principles, analytical skills, and the ability to collaborate, negotiate and influence across multiple functions while maintaining independence. This role will report to the General Counsel.
Responsibilities:
- Lead the consumer credit and risk oversight function across our consumer lending products and industry segments, including portfolio risk management, evaluation of credit and financial performance.
- Understand applicable credit policies, industry regulations and the requisite impact of those governance items to prospective new partners or product initiatives.
- Prepare risk management presentations for senior management and the Board of Directors that include analytics on expected portfolio performance and areas of potential risk and/or opportunity.
- Acts as SME to senior stakeholders and /or other team members; can exercise independence of judgment and autonomy.
- Performs other related duties as required.
Who You Are
- 10 years of experience in financial services and credit risk management, with emphasis on unsecured, state-regulated consumer lending.
- Strong expertise and background in consumer credit risk management, including underwriting, credit limits, pricing models, and portfolio management.
- Experience leading a risk function. This must include an understanding of building and operating risk frameworks that deliver transparent, well-understood risk policies for stakeholders.
- Ability to assess, review, and analyze current credit strategy and exposure limits/thresholds to ensure alignment to company risk appetite. Ensure adherence to changes in the business model and/or regulatory environment.
- A track record as an established leader who is equally strategic as they are tactical, and of the stature to build a peer relationship with stakeholders. This will enable them to build a fully functionalized model for robust and transparent credit and risk leadership.
Diversity and Equality
At Splitit, we understand that we’re strongest when we can be different together. Diversity, Equity, and Inclusion are not just about metrics for us. It’s about creating space for all individuals who walk through our doors, employee or not, to bring their full selves to the table. We strive to build teams as diverse as our markets and celebrate differences in background and perspective.
Splitit is an equal opportunity employer, meaning all applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status. We ensure that all 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.