Principal Credit Risk Strategist, Acquisition
We are a rapidly growing company that’s revolutionizing the way the restaurant industry does business by pairing technology with an extraordinary commitment to customer success. We help restaurants streamline operations, increase revenue, and deliver amazing guest experiences through our platform that combines restaurant point of sale, guest-facing technology, and award-winning customer support. Join us as we empower the restaurant community to delight guests, do what they love, and thrive.
Bready* to make a change?
The Fintech Risk team at Toast is responsible for driving risk informed growth for the rapidly expanding Toast Fintech line of business. We are seeking a Principal Credit Risk Strategist as part of the team, with a focus on the acquisition space. You will work with other analysts, risk managers and leaders to analyze customer characteristics, identify risk differentiators, and recommend underwriting strategies to achieve the risk and return goals. If you have an analytic and data driven mindset, eye for detail and can-do attitude then you are right for this position.
About this roll* (Responsibilities)
- Take lead in launching new products and drive improvements in underwriting strategy & pricing strategy
- Work with the leadership team to define credit risk strategy for new and existing lending products
- Identify risk drivers and propose mitigation solutions
- Work with Data Science team to build and test credit, account management and Collection models
- Set credit strategy and policy to drive business growth
- Improve performance of existing credit models and build new models with help of Data Science team
- Set credit and account management strategy
- Collaborate with R+D, Product, and Operations on the test and launch of new features and/or products
Do you have the right ingredients*? (Requirements)
- 7-10 years of experience in retail/consumer/SMB finance in a credit risk or strategy role preferably in Fintech/banks
Ability and experience in writing credit memos and credit decision and strategy documentationPast experience in growing a lending business and hands on experience in credit strategy is required
- Experience in A/B testing
- Bachelor’s degree or higher in a quantitative field such as Mathematics, Statistics, Economics, Engineering, or Business
- Advanced data analytics skills, including use of SQL, Python/R, Excel and data visualization tools such as Looker/Tableau/Hex
- Familiarity with statistical modeling is required
- Ability to influence a cross-functional non-hierarchical environment to lead collaborations and drive progress
AI at Toast
At Toast we’re Hungry to Build and Learn. We believe learning new AI tools empowers us to build for our customers faster, more independently, and with higher quality. We provide these tools across all disciplines, from Engineering and Product to Sales and Support, and are inspired by how our Toasters are already driving real value with them. The people who thrive here are those who embrace changes that let us build more for our customers; it’s a core part of our culture.
Diversity, Equity, and Inclusion is Baked into our Recipe for Success
At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry is one of the most diverse, and we embrace that diversity with authenticity, inclusivity, respect, and humility. By embedding these principles into our culture and design, we create equitable opportunities for all and raise the bar in delivering exceptional experiences.
We Thrive Together
We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the restaurant community. To learn more about how we work globally and regionally, check out: https://careers.toasttab.com/locations-toast.
Apply today!
Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact [email protected].
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