Senior Director, Risk Management and Bank Partnership Strategy

Best Egg is the leading financial confidence platform that provides flexible solutions to real-life challenges for people with limited savings. We leverage real-time customer insights and data science to connect more people with the right products for their financial needs. Our offers include a growing suite of products such as personal loans, a credit card, and flexible rent, which are complemented by a suite of financial health tools to help customers make smart financial decisions and stay on track, so they can be money confident no matter what life throws at them.

Our culture and values inspire our employees and customers to embrace Best Egg. We are committed to championing a culture of inclusiveness and diversity of thought, and we focus on providing a safe, flexible, and collaborative work environment. Our employees are encouraged to engage in creative problem solving, and we promote opportunities for growth and enrichment across the organization.

If you are inspired by inspiring others, Best Egg is the place for you.

Best Egg promotes diversity and equal opportunity. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better we will grow.

The Senior Director will be a critical member of the leadership team, providing key insights and recommendations to drive growth, mitigate risk, and enhance operational efficiency. The ideal candidate will have a demonstrated ability to manage risk, complex relationships, think strategically, and deliver results in a fast-paced environment.

We are seeking an experienced and visionary Senior Director to join our team, focusing on managing risk in the second line of defense, with an emphasis on strategic, credit, and financial risk. This leadership role will play a pivotal part in shaping the company’s approach to risk oversight and fostering strategic relationships with banking partners.

• Lead the development and execution of a risk framework for overseeing strategic, credit, and financial risks, ensuring alignment with the company’s goals, risk appetite and bank partner expectations.
• Function as a key advisor to senior leadership, providing insights and recommendations to mitigate risks and maximize opportunities.
• Monitor, assess, and report on risk exposures, trends, and emerging risks, driving continuous improvement in risk oversight practices.
• Provide insights and recommendations to senior leadership on the financial and strategic implications of key business decisions.
• Collaborate with cross-functional teams, including first-line business teams, to ensure risk identification, measurement, and mitigation strategies are in place.
• Establish and maintain relationships with key stakeholders in the banking industry, including banks, and industry associations.
• Provide thought leadership and strategic insights to senior leadership on industry trends, emerging opportunities, and potential risks.
• Design risk management frameworks and bank partnership strategies that are adaptable to the company’s growth and evolving business needs.

• Build and maintain strong, collaborative relationships with banking partners to support the company’s objectives and goals.
• Develop and execute partnership strategies to enhance product offerings and maximize financial opportunities.
• Assess the impact of bank partnerships on the company's operational efficiency, costs, and overall business performance.
• Serve as the primary liaison with banking partners, facilitating transparent communication and alignment on key initiatives.
• Monitor and evaluate the performance and risks of bank partnerships and provide regular updates to senior leadership.

• Create and lead the company’s second-line oversight programs for strategic, credit, and financial risks, ensuring they are forward-looking, appropriately tailored to the organization’s size and complexity, and scalable.
• Develop and maintain risk policies and frameworks that support sound decision-making and operational excellence.
• Represent the company with external stakeholders, including strategic partners and industry groups, demonstrating expertise, and thought leadership.

• Bachelor's degree in business administration, finance, or related field.
• A minimum of 15 years of experience in banking, financial services, or a related field, including at least 5 years of proven success in developing and/or managing bank partnerships, with extensive expertise in overseeing and managing credit, strategic, and financial risks.
• Preferred experience with Consumer Lending products and services.
• Ability to lead change initiatives, fostering alignment and collaboration across the organization.
• Demonstrated working knowledge of the regulatory environment and compliance requirements for financial institutions overseeing FinTech’s.
• Knowledge of FinTech/Bank Partnership Model and the ability to partner and collaborate with external stakeholders.
• Strong analytical skills and experience in evaluating financial, credit and strategic risks.
• Excellent communication, interpersonal, and relationship-building skills, with the ability to present complex risk concepts to executive leadership.
• Ability to work effectively in a cross-functional team environment and lead teams to achieve strategic objectives.
• Proven ability to develop and execute successful partnership strategies that drive business growth and revenue.

Our Brand:

At Best Egg, we believe money should be accessible so people can reach their goals, live a fuller life, and feel pride in knowing they have taken control of their finances.  For those who need extra money to achieve the progress they seek in life, Best Egg is the modern solution-minded finance provider that mixes decades of banking experience with smart technology and deep customer insight to create products designed for today’s borrower, so that people can establish a smoother financial path. The egg symbolizes protection and a fresh start.  

Employee Benefits

Best Egg offers many additional benefits for our employees, including (but not limited to):

·       Pre-tax and post-tax retirement savings plans with a competitive company matching

program

·       Generous paid time-off plans including vacation, personal/sick time, paid short--

term and long-term disability leaves, paid parental leave, and paid company

holidays

·       Multiple health care plans to choose from, including dental and vision options

·       Flexible Spending Plans for Health Care, Dependent Care, and Health

Reimbursement Accounts

·       Company-paid benefits such as life insurance, wellness platforms, employee

assistance programs, and Health Advocate programs

·       Other great discounted benefits include identity theft protection, pet insurance,

fitness center reimbursements, and many more!

#LI-REMOTE

In compliance with the CCPA, Best Egg is fully committed to handling the personal information and data of employees and job applications responsibly with respect and due care. Review our CCPA Employee Policy  here