Credit Risk Senior Manager

As Marqeta’s

Credit Risk Senior Manager, you will lead our credit risk and pricing strategy, helping us launch and scale credit programs from the ground up. You will drive innovation to establish best in class credit strategies in partnership with internal stakeholders and external bank partners and customers. You will create something unique in the embedded credit space: a marketplace that enables fintech apps, wallets, and merchants to offer credit products at scale.

Embedded within finance, this role will support Marqeta’s evolving managed credit card programs by shaping credit risk strategy across acquisition and account management, pricing, performance and portfolio monitoring, in partnership with cross functional execution teams across product, engineering, sales, operations and other functional areas.

We work

Flexible First

. This role can be performed remotely in the United States, only in one of our Premium or National locations, which you can review here.

• The Impact You’ll Have
• Credit Strategy & Policy
• Own end-to-end credit strategy initiatives — from framework design through implementation and ongoing monitoring
• Build, review, and refine consumer and commercial credit card risk and pricing strategies
• Proactively adjust credit card policies based on portfolio performance and risk trends
• Establish strategies that directly drive KPIs: approval rates, new accounts, loss rates, profit margin, and more
• Modeling & Data
• Partner with data scientists to build best-in-class credit risk and cash flow models
• Work with product to develop modern credit stacks and data strategies leveraging financial, bank, and third-party datasets — enabling underwriting automation at scale
• Capital Markets & Partners
• Partner with capital markets on securitization structures, warehouse lines, and forward flow deals
• Provide analytical support to co-brand partners, including loss forecasts and profitability analysis
• Governance & Reporting
• Draft underwriting and risk documentation
• Support bank partners on model validation and governance
• Report KPIs and risk performance to senior management regularly
• Advisory & Cross-Functional Leadership
• Serve as a risk consultant to bank partners and customers — recommending improvements to credit strategies
• Collaborate across Banking, Product, Finance, and Capital Markets as an internal strategic resource and external-facing advisor

Who you are

Experience & Background

8+ years building credit card risk and pricing programs, ideally at a fintech — across consumer and/or commercial underwriting

Proven ownership across the full credit card lifecycle:

• Credit policy and risk strategy development, monitoring, and adjustment
• Approval, line assignment, and pricing strategy design
• Risk assessments for prospective partners
• Acquisition strategy across card programs
• Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field
• Technical Skills
• Expert in Excel and SQL modeling
• Comfortable using data to build alignment across stakeholders with competing priorities
• Collaboration & Communication
• Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers
• Exceptional communicator — able to translate complex credit concepts for executive, partner, and cross-functional audiences (written and verbal)
• Mindset & Adaptability
• Comfortable in a build environment — moves fluidly between strategy and execution without a large supporting team
• Thrives in fast-paced, dynamic settings with shifting priorities
• Demonstrated ability to adapt credit strategies in response to portfolio performance changes or macroeconomic conditions

Your Manager

Neha Nanda, Senior Director, Credit Risk

Our (typical) process:

• Application Submission
• Recruiter video call
• Hiring manager video call
• Virtual “Onsite” consisting of 4-5, 45 min calls

Offer!

About Marqeta

Marqeta is on a mission to change the way money moves. We’re one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time. Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affirm, Instacart, Doordash, Uber, Walmart, etc).

You don’t need to be a Payments expert to join the Marqeta Team, let us help you with that. This is the opportunity of a lifetime to work with innovators around the world and unlock equitable financial access for all.

Marqeta’s Values

– Solve for the Customer:

With a deep understanding of our customers' business and empathy for their needs, we deliver products and services that drive their success. Earning and keeping their trust guides everything we do.

– Do What's Right:

Knowing businesses and livelihoods depend on us, we pursue solutions that disrupt responsibly and deliver high-quality results that our customers count on. We own our work from start to finish.

– Simplify and Innovate:

We approach challenges with curiosity and take smart risks. Innovation comes from finding better, simpler ways to achieve extraordinary outcomes.

– Win as a Team:

We succeed together by embracing diverse perspectives and pushing each other to raise the bar. We lead with humility and set aside hierarchy to work as a team.

– Make it Count:

We drive forward with focus and agility. With a sense of urgency and purpose, we get the job done, and done right.

Equal Employment Opportunity, Accommodations and Privacy

by applicable law. We also consider qualified applicants with criminal histories, consistent with legal requirements.

Marqeta endeavors to make reasonable accommodations for applicants with disabilities. If you are an individual with a disability and require a reasonable accommodation to submit this application, complete any pre-employment testing, or otherwise participate in the employee selection process, please submit this form with your specific accommodation request.

Marqeta cares about your privacy. Personal data that is provided as part of the application and recruitment process is processed in accordance with the Applicant Privacy Notice

. Additional information for California residents can be found here.

To keep our interview process fair and consistent, we ask that all candidates join video interviews with their camera on.

Notice on Use of AI in Recruitment

We may use artificial intelligence (AI) tools in our recruitment processing consistent with the requirements of applicable laws. For more information, review our AI notice here.