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MissionOG · 3 weeks ago

Vice President, Risk & Analytics (Austin, TX)

Austin, TX

Full-time

Hybrid

Senior Level, Lead/Staff

10+ years exp

Billd is a fast-growing fintech company looking to disrupt a $1.5 trillion industry. As VP of Risk and Analytics, you will oversee company analytics, credit, and risk management, set and implement the company’s risk assessment framework, and build robust credit decisioning tools.

B2BFinancial ServicesVenture Capital

Responsibilities

Lead Credit Strategy and Optimization: Define and execute a credit risk strategy that balances growth and risk, aligning lending operations with Billd’s revenue and portfolio quality goals. Having a deep understanding of the intersection between risk, operations, and product, will be critical

Develop Credit Models and Algorithms: Expand third-party data acquisition to enhance decision-making models, and develop algorithms for automated underwriting, credit limits, pricing, and terms

Insight-Driven Decision-Making: Champion data exploration to extract insights that drive business strategy, using data structure and historical patterns to identify growth opportunities and risk mitigation strategies

Oversee Financing Lifecycle Analytics: Manage the analytics of full credit lifecycle, including account and project underwriting, customer management, compliance, collections, and credit decisioning. Ensure policies align with Billd’s growth and operational efficiency goals

Build and Enforce Credit Policies: Develop a comprehensive Credit Policy framework that covers credit algorithms, automated decision-making, underwriting, delinquency workflows, and collection processes

Investor Relations and Reporting: Regularly update investors on credit policy, algorithm evolution, and portfolio performance, providing insights on default and delinquency rates and relevant market trends

Support Collections and Recoveries: Design and optimize strategies for collections, including contact methods, tools, and in-house or outsourced options, aimed at maximizing recovery rates

Drive Customer Acquisition Quality: Influence acquisition strategies from a credit perspective, working with marketing and business development to attract high-quality leads

Establish KPIs and Monitoring: Set performance targets, develop reporting infrastructure, and monitor KPIs to ensure that risk and return are balanced effectively

Define Risk Appetite and Performance Goals: Establish risk thresholds and performance benchmarks to support strategic growth, adjusting as the business scales

Accurate Forecasting and Planning: Create forecasting tools to anticipate portfolio growth and identify resources needed to support this growth

Build a Scalable Team: Identify and mentor talent, structuring the risk department to support Billd’s current and future goals

Qualification

Credit Risk AnalyticsCredit Policy DevelopmentData-Driven Decision MakingB2B Lending ExpertiseCommercial Lending ExperienceRisk ManagementUnderwriting KnowledgeStrategic LeadershipTeam BuildingForecasting ToolsPerformance MonitoringCreative Problem Solving

Required

10+ years in commercial lending, credit risk analytics, and risk management, with hands-on experience in credit policy, underwriting, and risk scoring

Demonstrated ability to understand complex data structures, actively explore data insights, and apply findings to drive business decisions

Exposure to acquisitions, underwriting, collections, recoveries, and fraud within B2B lending environments

Proven expertise in B2B lending, preferably with experience in construction finance or adjacent industries

Experience in a high-growth, analytical environment with a strong focus on profitability and risk/return optimization

Known for implementing incremental and significant value-driving initiatives

Bachelor's degree required