Credit Risk Manager

Bangalore, IN

Job Description / Skills Required

Toast is driven by building the restaurant platform that helps restaurants adapt, take control, and get back to what they do best: building the businesses they love.

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. Whether it is enhancing our strategy and processes, sharpening our policies or identifying new products for our merchants, the risk team is an integral part of charting the path for the business. In the role of Manager, Credit Risk, you would be responsible for monitoring and improving the credit risk for Toast Fintech. This role will involve having a deep understanding of the portfolio credit risk, increasing risk visibility to management, optimizing risk and return, and driving innovation in risk capabilities to unlock new growth opportunities. Understanding of traditional risk management, creative and analytical thinking and a data driven mindset is key to success in this role.

About this roll* (Responsibilities) 

  • Work with the leadership team to define credit risk strategy
  • Monitor the existing portfolio to make sure the credit risk is in line with company risk appetite
  • Identify risk drivers and propose mitigation solutions
  • Maintain and update credit policy documents
  • Propose tests to improve the credit policy and support business growth
  • Collaborate with R+D and Product functions on the test and launch of new products
  • Oversee the monthly reserve calculations and support the CECL reporting
  • Lead a team of credit risk analysts
  • Provide leadership presence to the broader Fintech Risk team in India

Do you have the right ingredients*? (Requirements)

  • 6-7 years of experience in retail/consumer/SMB finance in a risk or strategy role preferably in Fintech
  • At least 2 years of experience of managing people
  • Quantitative degree (Mathematics/Statistics/Economics/Operations Research) preferred, Masters Degree or MBA a plus
  • Familiarity with CECL a plus
  • Fluent in SQL; experience with Snowflake a plus
  • Experience with data visualization tools such as Looker and Tableau
  • Data driven, self starter
  • Ability to navigate a cross-functional non-hierarchical environment to lead collaborations

*Bread puns encouraged, but not required

We are Toasters

Diversity, Equity, and Inclusion is Baked into our Recipe for Success.

At Toast our employees are our secret ingredient. When they are powered to succeed, Toast succeeds.

The restaurant industry is one of the most diverse industries. We embrace and are excited by this diversity, believing that only through authenticity, inclusivity, high standards of respect and trust, and leading with humility will we be able to achieve our goals.

Baking inclusive principles into our company and diversity into our design provides equitable opportunities for all and enhances our ability to be first in class in all aspects of our industry.

Bready* to make a change? 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].

For roles based in the United States:  As part of our commitment to the health and safety of our employees and their families, all individuals entering our US workspaces are required to provide proof of full vaccination against COVID-19 unless they have an approved medical or religious accommodation.