Head of Credit Risk

| Greater NYC Area
Hi, we're Brigit! A financial health app for the everyday American. By using cash flow data to automate finances, not only do we help people today, but also empower them to start saving for tomorrow. Brigit analyzes data from billions of individual bank transactions and formulates a deep understanding of each member’s cash-flow mismatches and spending habits. Using that data, we're able to send no-fee predictive advances and help millions of Americans avoid late payment fees, predatory overdraft fees, and interest rates. Our initial product is focused on disrupting the predatory $44 Billion payday loan and overdraft market and our future products will continue to empower and improve the lives of over 100M underserved Americans.
We are looking to hire a Head of Risk to expand and improve our underwriting as well as manage our loan portfolio. The role requires the candidate to have extensive experience in underwriting, using alternative data (non FICO, ideally cash flow data), and has expertise in the underserved/subprime market.
Brigit’s algorithms adapts to changes in our users behaviors in real time since we evaluate our customers on their bank transactional data and thus also monitor the performance of our outstanding book in real time.
This is a management level role and the individual will also be contribute to our overall strategy including impact capital markets. The role is critical for our ability to continue to scale our business.

What You Have

  • 7+ Years in Retail/Consumer Lending in a Risk Management or Underwriting role
  • Experience working with alternative data for underwriting is a necessity (non-FICO)
  • Bank transactional data is a plus
  • On the job experience with data science/machine learning/modeling and corresponding toolkits (eg. Python, Scikit-learn, R, SQL, Spark)
  • An understanding of different modeling and machine learning methods (e.g. regressions, classification algorithms, etc.) helpful
  • Experience managing small to medium size teams (3-5 people)
  • Early stage startup experience is a strong plus
  • You are passionate about making a social impact and want to help build a business that dramatically improves people’s lives
  • You are knowledgeable of compliance and regulatory constraints, financial covenants and other obligations to make sure we remain compliant in our Risk operations
  • You are comfortable writing and reviewing code, especially early on
  • A thoroughly understanding of business and operating metrics, and able to translate them into achievable goals, KPIs, and targets within the organization

What You'll Be Doing

  • Setting the strategy, and remaining hands on with the implementation, around our credit/risk process
  • Creating a roadmap for our underwriting and customer scoring process, determining what new data to use, new techniques, and how to improve our approval rates while still keeping delinquency at an acceptable level
  • Monitoring the performance of our existing customer base, to understand the health of our book
  • Managing a team to produce reports on underwriting and portfolio performance, highlighting areas for improvement and putting together plans for improving them
  • Building and deploying risk models by constructing experiments/tests, evaluating results and working with Engineering to get the code out into production 
  • Building and managing a small team of data scientists and risk analysts to make sure that our lending operations run smoothly

We're backed by leading VC's, including DCM, Canaan Partners, NYCA, and a number of the world's most influential social impact investors. If autonomy, ownership, and having meaningful input in the company you work for is important to you, come join our growing team!
Our Benefits & Team
-Competitive compensation package with stock options at a high-growth startup
-Day 1 benefit coverage for health, dental, and vision
-401k participation
-Offer competitive paid parental leave policy
-Flexible PTO
-Dog friendly office
-Employee wellness initiatives
-Monthly reimbursements
At Brigit, we are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • JavaLanguages
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    • PostgreSQLDatabases
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    • AsanaManagement
    • JIRAManagement
    • IterableEmail


Our office is conveniently located in Flatiron, close to Union Square and within walking distance of the L/N/Q/R/W/4/5/6 trains.

An Insider's view of Brigit

What’s the vibe like in the office?

Our office is unique. However, it is not simply the walls of the office that make it so. Every Brigiteer helps construct a fantastic workplace. Whether it be a co-founder taking time to teach us how to make an espresso, or collaborating across teams to add that special touch to our app. We see each other not just as coworkers, but as a family.


Customer Experience Specialist

How do you collaborate with other teams in the company?

You can write anywhere in the office. Walls, desks, windows…..really wherever you come up with an idea, there's always a marker close by to jot your best ideas down. It’s a very collaborative group and we work best when we can express ourselves visually.


Growth Strategist

What makes someone successful on your team?

We recognize each other's successes and reward our efforts through encouragement, empowerment, and engagement. Through shared trust and appreciation, we motivate each other to achieve both our individual and team aspirations while maintaining Brigit's mission and core values.


Software Engineer

How would you describe the company’s work-life balance?

Everyone at Brigit does a great job of promoting and maintaining a healthy work-life balance. It's important that work doesn't add any more stress to handling personal situations! Everyone has individuality in how they schedule their workload to meet deadlines. Any and all suggestions on how to keep a sustainable balance are considered team-wide.


Software Engineer

What are Brigit Perks + Benefits

Friends outside of work
Eat lunch together
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Hiring Practices that Promote Diversity
Health Insurance & Wellness Benefits
Dental Benefits
Vision Benefits
Health Insurance Benefits
Team workouts
Mental Health Benefits
Retirement & Stock Options Benefits
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Return-to-work program post parental leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Free lunch on Thursday!
Happy Hours
Happy hours are hosted on occasion
Pet Friendly
Brigit's pet policy is dog friendly daily
Relocation Assistance
Home Office Stipend for Remote Employees
Professional Development Benefits
Lunch and learns
Cross functional training encouraged
Promote from within
Mentorship program
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