Director, Lending

DIRECTOR, LENDING

Current is a leading consumer fintech platform transforming financial access for everyday Americans with over five million members. We provide access to financial solutions that seamlessly work together to solve the needs of our members and enable all Americans to build better financial futures. Based in NYC, our results-driven environment drives us to build better products, grow faster and empower everyone on our team to have an impact on our business and mission to improve financial outcomes.

ABOUT THE ROLE:

We are looking for Director Lending to join our team and drive the growth of our Credit and Liquidity products and business. This is a critical role for Current at a time of rapid growth. The key objectives of this role are to enable profitable growth of our Credit and liquidity products/businesses.  This role will be responsible for achieving P&L goals by managing all levers of this business including building and testing various products that achieve business objectives and bringing together various functional teams to drive business growth. We are looking for a person with exceptional lending business building and management experience that spans product, credit, analytics and can lead/ manage cross-functional teams with a hands-on approach, and a business owner mentality.

KEY RESPONSIBILITIES:

• Develop strategy and roadmap for lending and liquidity products; drive continuous improvement of existing products to achieve business objectives
• Frame the liquidity and credit product design that achieves strong customer engagement while delivering business objectives
• Hands-on leader that manages the Paycheck advance business across its lifecycle and builds new products including unsecured personal loans, card and BNPL offerings
• Lead and manage cross-functional teams including product, credit risk, engineering, compliance and finance and interface with Bank partners on risk and funding related agenda and processes

ABOUT YOU:

• Business leader and manager - Experience leading and managing lending businesses at fintechs
• Credit Risk strategist - Has experience in credit risk domain throughout the lifecycle of credit and liquidity products
• Critical thinker - consider problems from all angles to remove bias and touch bottom on key assumptions
• Creative problem-solver - able to find creative solutions that finds win win across constraints and objectives
• Results-oriented - You ground contributions in real business and customer impact and prioritize effectively to maximize speed-to-impact. 
• Intellectually curious - seek to understand the why behind the numbers and love nerding out over a new insight
• Exceptional written and oral communication skills. You drive alignment through grounded arguments, interpersonal skills, and negotiation skills.  
• Thrive when working in a fast-moving, ambiguous environment
• Excited by large breadth of problem areas

REQUIREMENTS:

• 10+ years of management experience in standing up and managing successful new lending businesses
• Deep knowledge and experience in driving strong business outcomes by managing product, customer experience, credit risk, analytics, funding, compliance and other critical processes in lending business
• Demonstrated competencies and capabilities in credit risk analytics across the lifecycle 
• Masters or Undergraduate degree with a quantitative concentration
• Exceptional written and oral communication skills.
• Strong people leader and collaborator.
• Able to handle competing priorities and influence leadership decision-making

This role has a base salary range of $180,000.00 to $270,000.00. Compensation is determined based on experience, skill level, and qualifications, which are assessed during the interview process. Current offers a competitive total rewards package which includes base salary, equity, and comprehensive benefits.

BENEFITS:

• Competitive salary
• Meaningful equity in the form of stock options
• 401(k) plan
• Discretionary performance bonus program
• Biannual performance reviews
• Medical, Dental and Vision premiums covered at 100% for you and your dependents
• Flexible time off and paid holidays
• Generous parental leave policy
• Commuter benefits
• Fitness benefits
• Healthcare and Dependent care FSA benefit
• Employee Assistance Programs focused on mental health
• Healthcare advocacy program for all employees
• Access to mental health apps
• Team building activities
• Our modern Chelsea-based office with open floor plan, stocked kitchen, and catered lunches