Car IQ is enabling the next generation of machine payments and IoT banking with secure and autonomous vehicle commerce. We believe connected machines and the data they generate present an opportunity for a disruptive payment experience. 

We seek candidates from diverse backgrounds who can bring their experiences and be recognized for their uniqueness. We are looking for a leader in the field of risk management to help build and manage a newly formed team to extend innovative credit products to our customers. You will work closely with our senior management team to ideate products, define credit profiles, and institute processes and procedures for assessing the creditworthiness of our customers, servicing loans, and managing the overall risk of the portfolio. 

Responsibilities 

  • Lead our new Car IQ credit product offering
  • Work with Product and Sales to develop new and differentiated credit products for our market and customers.
  • Develop models to rate & group customers, and apply risk-based pricing and credit line allocation
  • Lead the development and documentation of program guidelines and underwriting and collection policies 
  • Develop performance monitoring framework to adjust credit line dynamically
  • Develop a servicing and collections program
  • Help source capital lending partners 
  • Recruit and hire additional staff and/or vendors to support compliance, collections, monitoring, and reporting needs. 

 

Requirements

  • Bachelor’s Degree required and MS or MBA strongly preferred
  • 10+ years of risk management experience in a lending capacity including roles in credit analysis, fraud prevention, portfolio risk assessment, or other operational roles
  • Experience in commercial lending, with an emphasis on small and medium business credit products
  • Experience in standing up new credit programs, sourcing capital, and selecting the partners necessary for successful implementation in a lean environment
  • Strong cross-functional relationship building with high empathy to understand the needs of other businesses and priorities
  • Comfortable in a fast-paced environment, subject to rapid change and innovation