Manager Credit Risk

About Yendo

Hi there, we're Yendo, and our vision is to empower everyday people to build a stronger financial future. In less than 2 years, we’ve saved customers over $100 million in unnecessary interest and fees.

By unlocking the power of AI we are building credit card products for those traditionally excluded from mainstream financial offerings. Our credit cards have similar benefits to those issued for prime borrowers with no hidden fees and have 4x higher limits than cards typically available for non-prime borrowers.

Role Overview

As a member of the Credit team, you will apply your strategic and analytical skills to push the boundaries of traditional lending. You will own end-to-end credit policy initiatives which includes approval/decline, line assignment, pricing, loss mitigation, modeling, and valuations.

We are looking for candidates who are excited to drive business insights through data analysis, critical thinking, and business acumen

Responsibilities:

· Develop business strategies that will drive growth, profitability, and competitive success

· Develop and implement new product and pricing strategies for various lending products

· Build and maintain valuations and risk models and improve credit performance by testing hypotheses using rigorous data monitoring and analysis

· Coordinate across the line of business to delivery business intent, build business requirements and execute against the strategy

Successful candidates have a strong strategic & analytic bend and a proven track record of decision making and problem solving based on data and analytics. Candidate should be able to leverage capabilities of a high-performing team, as well as business partners and thrive in a fast paced, entrepreneurial and dynamic environment.

Qualifications:

• Bachelor’s Degree in any quantitative field (Business, Math, Economics, Finance, Statistics, Science, Engineering). Master’s Degree is a plus

• 3+ years of experience in quantitative and qualitative analysis in credit risk or portfolio management within cards and personal loans

• Advanced analytical skills using SAS, SQL, R or Python. Hands on experience with decision tree analyses and segmentation tools

Why join us

You can make a real impact to the lives of our customers.100 million Americans lack access to sustainable credit and are forced to use predatory loans..

Our executive team previously built a business that scaled to $100M ARR and has extensive experience in collateralized lending in under-developed credit markets.

We are backed by leading VCs, accomplished entrepreneurs, respected philanthropists, and founders from across the U.S. Our backers are the minds and investors behind the success of the Apple Card, Brex, Dave, Scribd, Parse, Canva, Robinhood, Flexport, Gusto, Reddit, Notion, LinkedIn, among others.

Yendo is based in Dallas, Texas with a nationwide team. This role is at one of our office locations on the East Coast.

Yendo’s core values

1. Our customers are our compass - We prioritize our customers' needs in every decision, guiding our work to solve real problems and create meaningful solutions. We make a positive impact by enhancing their experiences and addressing what truly matters to them.

2. Trust is earned, not assumed - We communicate openly, honestly, and with humility, earning trust through integrity and clarity in all interactions. By prioritizing straightforward communication and actions, we build strong relationships and ensure our intentions are always understood.

3. Diverse perspectives, stronger outcomes - We serve diverse customers and believe that different perspectives make us stronger. Committed to equity, we value each team member, ensuring all voices are heard and respected. By fostering an inclusive culture, we empower fair and meaningful contributions to drive our success.

4. Embrace Growth Together - We are drivers, we move with urgency, and we strive for excellence in everything we do. Our customers deserve the best, so we hold ourselves accountable to high standards. Through proactive ownership, thoughtful execution, and a commitment to bettering ourselves and our work every day, we deliver results that make a lasting impact.

5. Own every outcome - Rooted in expertise and creativity, innovation is at our core. We challenge norms, push past limitations, and seek to redefine boundaries. Yesterday’s plan may be outdated given today’s information and by questioning assumptions and challenging one another, we stay agile and open-minded, turning every situation into an opportunity to delight our customers.

6. Courage to challenge - Low ego, coaching, and mutual respect are the foundation of our teamwork. We empower each other and solve problems collaboratively without blame, creating a space for everyone to thrive and contribute to our collective success.