What you'll doManage debt funding operations. Prepare legal documentation, monthly reporting on metrics, and working with partner banks/investors for deal compliance. Manage customer account movement operations including moving account receivables from the issuing bank to our Master Trust structure. Work with engineering teams to build out a smooth process for managing customer account movement operations and streamline the payment activity associated with this transition. Build out daily settlement with key stakeholders including working on building out a more efficient daily settlement procedure. Own portfolio reporting and covenant management. Provide updates on key triggers for deals, and overall portfolio performance. Assist in acquiring new funding partners and in the selection and onboarding of new funding partners. Assist in key relationship management and work with external partners as needed to execute funding and operations. Build out process for securitization readiness of credit card receivables including working with rating agencies and investors. Execute monthly reporting requirements and quarterly covenant certificates. Telecommuting permitted.
What you bring- Bachelor's degree or foreign equivalent in Finance, Management, Economics or a related field and six years of progressively responsible experience in capital markets, corporate finance, job offered, or related occupation.
- Education and/or experience must include:
- Financial markets, debt and equity instruments, and risk management practices
- Structured finance including asset backed financing/securitization
- Regulated industries such as fintech and banking
- Working with credit card financing
- Assessing market trends and analyzing lending receivables data to inform decision making
- Communicating and negotiating with key stakeholders and external parties
- Regulatory requirements governing capital markets, including SEC and FINRA.
- Background checks required
What we offer- Challenging, high-impact work to grow your career
- Performance driven compensation with multipliers for outsized impact, bonus programs, equity ownership, and 401(k) matching
- Best in class benefits to fuel your work, including 100% paid health insurance for employees with 90% coverage for dependents
- Lifestyle wallet - a highly flexible benefits spending account for wellness, learning, and more
- Employer-paid life & disability insurance, fertility benefits, and mental health benefits
- Time off to recharge including company holidays, paid time off, sick time, parental leave, and more!
- Exceptional office experience with catered meals, events, and comfortable workspaces.
In addition to the base pay range listed below, this role is also eligible for bonus opportunities + equity + benefits.
Base pay for the successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected base pay range for this role is based on the location where the work will be performed and is aligned to the corresponding compensation zone.
Base Pay Range:
$235,435 - $245,000 per year
Click here to learn more about our Total Rewards, which vary by region and entity.
If our mission energizes you and you're ready to build the future of finance, we look forward to seeing your application.
