As Marqeta’s Credit Risk Senior Analyst, you will lead our underwriting strategy helping us to launch successful credit programs. You will drive innovation to establish best in class credit strategies and underwriting models. You will work closely with internal stakeholders including Banking, Product, Finance, and Data while partnering and building strong relationships with external bank partners and customers.

 We work Flexible First. This role can be performed remotely in the United States, only in one of our National locations, which you can review here.

The Impact You’ll Have

• Evaluate and refine credit policies and models for both consumer and SMB credit cards to minimize losses and enhance profitability.
• Develop and implement tailored, data-driven strategies for effective management of the consumer and SMB credit card portfolios.
• Conduct risk segmentation, behavioral, loss forecasting, line management and other empirical analyses to support and refine credit models used in underwriting practices for consumer and SMB credit card portfolios.
• Build dashboards and present regular reports on key performance indicators (KPIs) and key risk indicators (KRIs) specific to consumer and SMB credit cards to senior management.
• Maintain up-to-date knowledge of regulations and compliance requirements affecting both consumer and SMB credit card products.

  Who You Are

• Bachelor’s degree in Mathematics, Statistics, Economics, Finance, or another quantitative field.
• Minimum of 3 years of professional experience in a financial institution with a focus on credit risk analysis.
• Advanced proficiency in SQL and experience with statistical modeling, including machine learning techniques.
• Demonstrated ability to solve white space problems and develop innovative solutions.
• Exceptional attention to detail and the ability to work independently on complex projects.
• Strong communication skills, with experience in presenting and explaining complex data to senior leadership.
• Innate curiosity to dive into a problem with minimal instruction to discover what the issue might be.

Nice-to-Haves:

• Master’s degree in a related field.
• Proficiency in Python and R for data analysis and modeling.
• Direct experience in managing consumer and SMB credit card portfolios.
• Experience with automated decision engines
• In-depth knowledge of regulatory standards specific to the credit card industry.

Your Manager

Neha Nanda, Senior Director, Credit Risk

Our (typical) process:

1. Application Submission
2. Recruiter video call
3. Hiring manager video call
4. Virtual “Onsite” consisting of 4-5, 45 min calls
5. Offer!

Compensation and Benefits

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:

• National: A baseline tier that applies to most of the geographic territory of the United States.
• Premium: Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
• Premium Plus: A tier for the most expensive working areas, like the San Francisco Bay area and New York City.

Visit this page or consult with a Recruiter to determine which tier would be applicable to you.

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:

• National: $99,000 - $123,800
• Premium: $107,200 - $134,000
• Premium Plus: $116,600 - $145,700

We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

• Multiple health insurance options
• Flexible time off – take what you need
• Retirement savings program with company contribution and after tax contributions
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
• Free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support our remote work model
• Annual “development dollars” to support our people growth and development
• Through Flex First, the freedom to live and work wherever you and your family thrive
• Annual “development dollars” to support our people growth and development

As Marqeta’s Senior Manager, Credit Risk, you will lead our credit risk and pricing strategy, helping us launch and scale credit programs from the ground up. You will drive innovation to establish best in class credit strategies in partnership with internal stakeholders and external bank partners and customers. You will create something unique in the embedded credit space: a marketplace that enables fintech apps, wallets, and merchants to offer credit products at scale.

Embedded within finance, this role will support Marqeta’s evolving managed credit card programs by shaping credit risk strategy across acquisition and account management, pricing, performance and portfolio monitoring, in partnership with cross functional execution teams across product, engineering, sales, operations and other functional areas.

We work Flexible First. This role can be performed remotely in the United States, only in one of our Premium or National locations, which you can review here.

The Impact You’ll Have

Credit Strategy & Policy

• Own end-to-end credit strategy initiatives — from framework design through implementation and ongoing monitoring
• Build, review, and refine consumer and commercial credit card risk and pricing strategies
• Proactively adjust credit card policies based on portfolio performance and risk trends
• Establish strategies that directly drive KPIs: approval rates, new accounts, loss rates, profit margin, and more

Modeling & Data

• Partner with data scientists to build best-in-class credit risk and cash flow models
• Work with product to develop modern credit stacks and data strategies leveraging financial, bank, and third-party datasets — enabling underwriting automation at scale

Capital Markets & Partners

• Partner with capital markets on securitization structures, warehouse lines, and forward flow deals
• Provide analytical support to co-brand partners, including loss forecasts and profitability analysis

Governance & Reporting

• Draft underwriting and risk documentation
• Support bank partners on model validation and governance
• Report KPIs and risk performance to senior management regularly

Advisory & Cross-Functional Leadership

• Serve as a risk consultant to bank partners and customers — recommending improvements to credit strategies
• Collaborate across Banking, Product, Finance, and Capital Markets as an internal strategic resource and external-facing advisor

Team Leadership

• Lead and mentor a small team of Credit Risk Analysts (1–3 people), providing direction on day-to-day priorities and longer-term development

Who you are

Experience & Background

• 8+ years building credit card risk and pricing programs, ideally at a fintech — across consumer and/or commercial underwriting
• Proven ownership across the full credit card lifecycle:
• Credit policy and risk strategy development, monitoring, and adjustment
• Approval, line assignment, and pricing strategy design
• Risk assessments for prospective partners
• Acquisition strategy across card programs
• Bachelor's degree in Finance, Business, Accounting, Economics, Statistics, Math, or a related field

Technical Skills

• Expert in Excel and SQL modeling
• Comfortable using data to build alignment across stakeholders with competing priorities

Collaboration & Communication

• Experience working cross-functionally with product, engineering, finance, compliance, bank partners, and capital providers
• Exceptional communicator — able to translate complex credit concepts for executive, partner, and cross-functional audiences (written and verbal)

Mindset & Adaptability

• Comfortable in a build environment — moves fluidly between strategy and execution without a large supporting team
• Thrives in fast-paced, dynamic settings with shifting priorities
• Demonstrated ability to adapt credit strategies in response to portfolio performance changes or macroeconomic conditions

Your Manager

Neha Nanda, Senior Director, Credit Risk

Our (typical) process:

1. Application Submission
2. Recruiter video call
3. Hiring manager video call
4. Virtual “Onsite” consisting of 4-5, 45 min calls
5. Offer!

Compensation and Benefits 

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:

• National: A baseline tier that applies to most of the geographic territory of the United States.
• Premium: Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
• Premium Plus: A tier for the most expensive working areas, like the San Francisco Bay area and New York City.

Visit this page or consult with a Recruiter to determine which tier would be applicable to you.

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:

• Premium+: $180,600- $225,800
• Premium: $166,200 - $207,700
• National: $153,500 - $191,900

We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

• Multiple health insurance options
• Flexible time off – take what you need
• Retirement savings program with company contribution and after tax contributions
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
• Free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support our remote work model
• Annual “development dollars” to support our people growth and development
• Through Flex First, the freedom to live and work wherever you and your family thrive