Head of Risk

About this role

We’re looking for the Head of Risk, to lead, empower and define the vision and roadmap for the entire Risk team. The Risk team consists of three interdependent sub-functions - Credit and Collections, Financial Fraud operations/investigation and Customer verifications (IDV). These teams are responsible for defining the policy, driving the credit strategy and identifying and managing the risks associated with Faire’s business model, globally. You’ll also collaborate cross-functionally to both scale existing financial products as well as introduce net new services that enable us to continue to better serve the needs of our customers.

In this role, you will:

• Develop the vision and strategy for Faire’s Risk team and execute on short and long-term goals ensuring they accelerate broader Faire business outcomes, including shaping Faire’s risk appetite across customer segments
• Bring industry expertise, experience and best practices (aka playbooks) across all the sub-functions to help teams define policies, stay ahead of the curve in keeping bad actors off the platform to minimize negative financial impact, and define our credit and risk management approach
• Identify opportunities to improve the effectiveness and efficiency of the teams through automation, streamlining of processes, leveraging vendor partners and improvement of existing systems
• Partner cross-functionally - both within Global Operations and across other disciplines such as legal + compliance, data science, product, engineering and design etc. to build a roadmap that brings more financial products to support Faire’s mission and goals
• Build, scale and empower the Risk team, ranging from team foundations, metrics definition, and operational processes to enable our scale to the next levels
• Instill customer centricity and strive to deliver a world class customer experience through the lens of risk management

Qualifications

• You have 15+ years of related experience, empowering operational teams and developing processes, ideally as part of a Risk organization in a FinTech or other Financial Institution; experience with both Fraud and Credit highly preferred
• You have scaled teams from 50 to the hundreds, globally preferred
• You have experience in fast-paced, ambiguous environments driving projects from strategy through implementation. You are scrappy and resourceful. When something needs to get done, you always find a way to make it happen
• You are highly structured in your thinking, analytical and data driven; and excellent written and verbal communicator
• You have strong track record of working cross-functionally with Data Science, Product, Engineering, Design, Sales, and other functions and can influence to achieve business objectives
• You have an insatiable appetite for operational excellence and are energized by driving efficiency improvements in processes

Salary Range

California: the pay range for this role is $223,000 to $306,500 per year.

This role will also be eligible for equity and benefits. Actual base pay will be determined based on permissible factors such as transferable skills, work experience, market demands, and primary work location. The base pay range provided is subject to change and may be modified in the future.