Job Title:
VP of Risk – Unsecured Loan Products

Location:
Remote

About Us:
At Rate.com, we are redefining financial solutions with a commitment to innovation, agility, and customer success. As we expand our product offerings, we are focused on managing risk effectively to ensure long-term stability and growth.

Position Overview:
We are seeking a highly skilled and strategic VP of Risk to lead our risk management initiatives for unsecured loan products, including personal loans. This role is critical to maintaining the balance between growth and risk, ensuring compliance, and safeguarding the company’s financial health.

Key Responsibilities:

• Risk Strategy Development: Design and implement a comprehensive risk management framework for unsecured loan products.

• Portfolio Oversight: Monitor and manage risk across the personal loans portfolio, ensuring alignment with company goals and market conditions.

• Policy Creation: Develop policies and guidelines to assess, mitigate, and manage risk effectively throughout the loan lifecycle.

• Data-Driven Decision Making: Utilize advanced analytics and modeling techniques to predict, assess, and respond to risk exposure.

• Regulatory Compliance: Ensure adherence to all regulatory requirements, working closely with compliance teams to mitigate legal and operational risks.

• Cross-Functional Collaboration: Partner with underwriting, product, technology, and marketing teams to align risk management practices with business objectives.

• Leadership: Build and lead a high-performing risk management team, fostering a culture of accountability and excellence.

• Stakeholder Communication: Provide regular updates to executive leadership on risk exposure, mitigation strategies, and emerging threats.

Qualifications:

• Extensive experience in risk management for unsecured loan products, particularly personal loans.

• Strong knowledge of credit risk assessment, fraud prevention, and loan portfolio management.

• Expertise in regulatory requirements and industry standards for unsecured lending.

• Proficiency in data analytics tools, risk modeling, and forecasting techniques.

• Exceptional problem-solving, decision-making, and strategic planning abilities.

• Proven leadership skills with a track record of building and mentoring successful teams.

• Bachelor’s degree in Finance, Economics, Risk Management, or a related field (MBA preferred).

What We Offer:

• A remote work environment with opportunities for collaboration and innovation.

• Competitive compensation package, including performance-based incentives.

• A chance to shape the risk management strategy for an expanding portfolio of financial products.

• Professional development resources to support career growth.

Join Us:
If you are an expert in managing risk for unsecured loan products and are ready to make an impact at a fast-growing company, we would love to hear from you!