Industry
  • Fintech
Function
  • Finance
  • Strategy & Operations
Published

Jun 2022

VP of Risk

Full Time

New York, NY

Apply now
Industry
  • Fintech
Published

Jun 2022

Function
  • Finance
  • Strategy & Operations

Job Description

At Current, we’re on a mission to enable our members to create better financial outcomes for themselves. Headquartered in NYC, we’re a leading U.S. fintech and one of the fastest growing companies with nearly 4 million members. No matter your title, we’re a team that collaborates on building great products and making an impact together.

About The Role

We are looking for a VP of Risk to join our rapidly growing team and lead Current’s risk operations within a highly quantitative framework. The VP of Risk will be an integral member of the leadership team and enable Current’s strategic growth through the implementation of best-in-class, scalable risk management frameworks. Reporting directly to the CEO, the VP of Risk will play a key role in launching new product lines involving credit.

Responsibilities:

  • Manage and grow the Risk department, including fraud, collections, and compliance
  • Maintain and monitor operational risk
  • Develop and manage risk frameworks for new product lines, including credit products
  • Communicate and coordinate across the company to ensure cross-functional alignment with risk policies
  • Continuously improve and build upon customer and transaction monitoring processes with a data-driven frameworks
  • Support external audits
  • Develop human capital within the team through coaching and mentoring, and creating opportunities for team members
  • Be an SME within governance, risk, fraud and money movement products
  • Ensure regulatory compliance and monitor changes in regulatory expectations and frameworks

About You:

  • 7-10 years of progressive experience in the Risk department of a regulated financial institution
  • Experience within the start-up space a plus
  • Prior experience managing Risk, Fraud, or Loss Mitigation teams
  • Bachelor Degree in a quantitative field such as Finance, Economics, Mathematics, Computer Science or equivalent
  • Highly Analytical
  • Ability to integrate risk within Operations, Engineering & Marketing

Benefits:

  • Competitive salary
  • Meaningful equity in the form of stock options
  • 401(k) plan with company matching
  • Discretionary performance bonus program
  • Biannual performance reviews
  • Medical, Dental and Vision premiums covered at 100% for you and your dependents
  • Flexible time off and paid holidays
  • Generous parental leave policy
  • Commuter benefits
  • Healthcare and Dependent care FSA benefit
  • Employee Assistance Programs focused on mental health
  • Healthcare advocacy program for all employees
  • Access to mental health apps
  • Team building activities
  • Our modern Chelsea-based office with open floor plan, stocked kitchen, and catered lunches

Apply

Get in touch with the Activant team to apply.

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