Credit Risk Analyst Jobs

About Ramp

Ramp is building the next generation of finance tools—from corporate cards and expense management, to bill payments and accounting integrations—designed to save businesses time and money with every click. Over 12,000 customers cut their expenses by 3.5% per year and close their books 8x faster by switching to the Ramp platform.

Founded in 2019, Ramp powers the fastest-growing corporate card and bill payment software in America and enables billions of dollars of purchases each year. Ramp continues to grow quickly, more than doubling its revenue run rate in the first half of 2022.

Valued at $8.1 billion, Ramp's investors include Founders Fund, Stripe, Citi, Goldman Sachs, Coatue Management, D1 Capital Partners, Redpoint Ventures, General Catalyst, and Thrive Capital, as well as over 100 angel investors who were founders or executives of leading companies. The Ramp team comprises talented leaders from leading financial services and fintech companies—Stripe, Affirm, Goldman Sachs, American Express, Mastercard, Visa, Capital One—as well as technology companies such as Meta, Uber, Netflix, Twitter, Dropbox, and Instacart. Ramp was named Fast Company’s #1 Most Innovative Company in North America in 2023 and #5 on LinkedIn Top Startups 2022.

About The Role

As a member of Ramp's Risk Strategy & Operations team, you will leverage data to develop and optimize credit strategies, including underwriting and customer management strategies. This role requires an understanding of credit concepts, fluency with data, and the ability to drive a broad set of projects fairly independently. The role also requires the ability to work with cross-functional teams (product, engineering, operations, finance, marketing, sales and design) to partner and execute on risk strategies, and the ability to take ownership of credit risk outcomes and lead strategic initiatives.

What You’ll Do

• Understand Ramp’s exposure to risk across multiple products (charge card, reimbursements, bill pay, etc.) to create holistic underwriting and risk management strategies
• Partner with data scientists to build and leverage credit risk models in Ramp’s credit policy
• Leverage internal and external data (e.g. banking data, commercial credit bureau data, financial accounting data, sales data, etc.) to create best in class credit policies (e.g. underwriting, credit limit increase programs, risk management) that will create value for Ramp and its customers
• Investigate and evaluate efficiency of risk policies, procedures, and processes
• Partner with product, engineering and design teams to execute credit policies, improve operational tooling, and shape the risk management infrastructure
• Analyze market and industry trends, identify potential macroeconomic risk factors and incorporate in credit policy
• Partner with finance teams to create and maintain risk adjusted returns framework, including loss forecasting

What You Need

• Experience within consumer/corporate/small business cards, payments, lending, or related industries
• Excellent written and verbal communication skills
• Minimum 2 years of experience in credit risk management or quantitative strategy role
• Minimum 2 years of experience using SQL, Python, or R for data retrieval and manipulations

Nice-to-Haves

• Experience building complex financial products
• Experience in high growth startups

Compensation

• The annual salary/OTE range for the target level for this role is $114,750-$135,000 + target equity + benefits (including medical, dental, vision, and 401(k)

Ramp Benefits (for U.S. Based Employees)

• 100% medical, dental & vision insurance coverage for you
• Please note only 401k contributions made while employed by Ramp are eligible for an employer match
• Fertility HRA (up to $5,000 per year)
• One Medical annual membership
• Relocation support
• Wellness stipend
• Parental Leave
• Pet insurance
• Partially covered for your dependents
• Flexible PTO
• 401k (including employer match)
• WFH stipend to support your home office needs