Senior Manager, Credit Risk – New Initiatives

Job not on LinkedIn

October 1

Apply Now

Receive Emails with Similar Jobs

Toast

WebsiteLinkedInAll Job Openings

SaaS • B2B • Hospitality

Toast is a technology company that specializes in providing integrated software and hardware solutions for the restaurant industry. Their offerings include a comprehensive restaurant management platform that features point of sale (POS) systems, payment processing, online ordering, payroll management, and various operational tools designed to streamline restaurant operations. Toast's platform is tailored to meet the needs of diverse restaurant types, including quick service, full service, fast casual, fine dining, cafes, and food trucks. They also provide resources like industry insights and educational materials to support restaurant success.

1001 - 5000 employees

Founded 2013

☁️ SaaS

🤝 B2B

📋 Description

• Develop and execute credit risk strategies for new products and initiatives, ensuring alignment with Toast's growth goals and risk appetite • Design and refine underwriting standards, credit policies, and monitoring frameworks that support expansion into new customer segments and offerings • Champion innovation in risk assessment methodologies, leveraging advanced analytics and emerging tools • Lead, mentor, and develop a growing team of credit risk analysts, building expertise in underwriting, portfolio analytics, and policy design • Foster a culture of collaboration, curiosity, and continuous improvement • Attract and retain top credit risk talent • Monitor portfolio performance, delinquency trends, and emerging risks across both existing and new initiatives • Partner with Data Science to design and implement models, scorecards, and early warning systems • Conduct stress testing, scenario analysis, and deep-dive reviews to guide business decisions • Collaborate with Product, Finance, Operations, Engineering, and Compliance to design scalable, risk-managed lending products • Translate complex risk insights into actionable recommendations for senior leadership • Ensure new products and processes meet regulatory and compliance standards • Drive adoption of advanced analytics, machine learning, and automation in credit decisioning and monitoring • Stay ahead of industry trends to inform strategy and execution for next-generation risk management

🎯 Requirements

• 8-10 years of experience in credit risk management, ideally with exposure to consumer or small business lending • 3-5 years of team leadership experience in a fast-paced, growth-oriented environment • Strong understanding of credit risk frameworks, underwriting, and portfolio management • Proven experience supporting the launch and scaling of new lending products • Proficiency with analytical tools (e.g., SQL, Python, R) and risk modeling techniques • Strong strategic thinking and problem-solving skills, with a data-driven mindset • Excellent communication skills with the ability to influence cross-functional stakeholders and executive leadership • Experience in fintech, payments, or innovative lending products is highly desirable • Ability to work core EST hours

🏖️ Benefits

• Competitive compensation and benefits programs • Health insurance • Retirement plans • Paid time off • Flexible work arrangements • Professional development opportunities