What are the responsibilities and job description for the Risk Management Leader position at Cross River?
About Cross River
As a pioneering financial technology company, Cross River is at the forefront of innovation in financial services. Our comprehensive suite of embedded payments, cards, and lending products empowers millions of businesses and consumers globally.
The Mission
We are dedicated to building the infrastructure that propels access, inclusion, and democratization of financial services. Recognized as one of the Best Places to Work in Fintech for six consecutive years by American Banker, we strive for excellence in everything we do.
The Role
This leadership position oversees the effective analysis, monitoring, and reporting of risks associated with consumer and wholesale lending portfolios within Cross River. The successful candidate will play a crucial role in enhancing current processes for Capital Markets and Banking as a Service offering, ensuring accuracy of committee reporting materials, and contributing to day-to-day portfolio management.
Key Responsibilities:
- Develop and implement risk management strategies to mitigate potential losses.
- Analyze and monitor credit risk exposure across various portfolios.
- Provide accurate and timely reporting to stakeholders on risk-related matters.
- Collaborate with cross-functional teams to drive process improvements and enhancements.
- Contribute to the development of policies and procedures related to risk management.
